The Sui blockchain is gaining momentum in decentralized finance (DeFi) and real-world Web3 applications, with its total value locked (TVL) in DeFi rising to $2.093 billion.
This reflects a 2.12% increase over the past 24 hours, as data points to accelerated user activity across lending platforms and Web3 integrations.
As competition among Layer-1 chains intensifies, Sui’s performance highlights its growing relevance as an alternative to networks like Solana, supported by rising liquidity, token listings, and enterprise adoption.
The network’s standout DeFi protocols, led by NAVI, and platforms such as Mojito are playing key roles in driving this expansion.
NAVI token listings boost Sui ecosystem liquidity
NAVI Protocol, the largest lending and borrowing platform on Sui, has been at the forefront of the recent growth in the chain’s DeFi sector.
Its native token, NAVX, was listed on Binance Alpha following an earlier debut on OKX.
These listings have improved NAVX liquidity, making it easier for users to participate in staking and lending features on the Sui chain.
Binance has also committed to supporting Sui ecosystem asset airdrops for active traders.
The exchange’s low-slippage trading environment and integration with Alpha Points farming have made NAVX more accessible to users seeking yield strategies within the Sui ecosystem.
NAVI’s visibility on top exchanges helps position Sui as a competitive Layer-1 network alongside Solana, Avalanche, and NEAR, while fueling growth across DeFi markets.
Mojito Loyalty targets the $155 billion loyalty market
Sui’s appeal extends beyond DeFi. Mojito, a Web3 infrastructure provider known for powering NFT platforms for brands like Mercedes-Benz and Sotheby’s, has launched Mojito Loyalty — a gamified, blockchain-based rewards system built exclusively on Sui.
The platform enables brands to integrate missions, on-chain rewards, and engagement tools directly into their Web2 interfaces without requiring additional wallets or third-party dashboards.
Mojito Loyalty has already shown early traction with partners such as Cur8, which reported more than 1,400 user missions completed within weeks of launch.
With the global loyalty market expected to reach $155 billion by 2029, Mojito’s Web3-native, white-label solution offers a decentralized alternative to traditional CRM systems.
Its integration with Sui’s scalable infrastructure ensures seamless, cost-effective engagement for brands.
SUI price dip despite ecosystem expansion
Despite strong TVL growth and new integrations, the SUI token is currently trading at $3.91, down 2.13% over the past 24 hours.
Although this decline contrasts with the broader ecosystem expansion, analysts suggest that continued growth in utility and supply-side developments could drive long-term demand.
Data from DeFiLlama shows that Sui lending protocols recorded a 78.86% increase in TVL over the past month, contributing to the broader $2.093 billion now locked across its DeFi platforms.
Rising incentives, attractive yields, and user-friendly designs have made Sui an increasingly appealing option for both institutional and retail DeFi participants.
While market volatility continues to affect short-term token prices, the underlying adoption metrics across Sui indicate it is well positioned for sustained momentum in both the financial and commercial blockchain sectors.