On April 25th, Messari released the status report of Sui2023Q4 and 2024Q1. In the past two quarters, the average daily DEX volume of Sui has increased by 3689% to $78 million. Cetus and Deep Book lead with average daily volume of $37 million and $26 million respectively; projects built mainly on Sui raised $11.30 million in Q1 of 24, which is 31% higher than the total raised in 2023. At the end of March, Mysten Labs launched Pilotfish.
Sui's DeFiT VL grew 1,459% over the past two quarters to $786.60 million. Incentive programs drove growth, with several major protocols including NAVI, Scallop, and Deep Book launching or announcing tokens in Q1 of 24; during Quest3, Sui averaged 151,000 DAAs and peaked at 453,000. Excluding this time, Sui averaged 24,000 DAAs over the past two quarters.
Sui 2023 Q4 and 2024 Q1 report: daily average DEX transaction volume up 3689%, DeFi TVL up 1459%
2024-04-25 03:07:35
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