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Sui's DEX Volume Surpasses $2.88B with Cetus and DeepBook Leading the Way

Sui's DEX Volume Surpasses $2.88B with Cetus and DeepBook Leading the Way

CointimeCointime2024/03/28 15:16
By:Cointime

Sui, a Layer 1 blockchain, has seen a significant increase in its DEX volume on ChainwireMarch, reaching over $2.88B, an increase of 49% from February. Cetus and DeepBook are leading the decentralized exchange. Sui has also cemented its place in the top ten of all chains by weekly DeFi volume, registering over $830M of trading over the most recent seven days of data available on DeFiLlama and $224M in the latest 24 hours. Sui's technology, which features an object-centric model, horizontal scalability, and the Move programming language, has attracted top projects and developers, including Suilend and Ondo Finance.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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