In recent months, the Sui ecosystem has exhibited strong growth in the network’s key performance indicators. Weekly DEX volumes on the network have eclipsed prior all time highs and are running >$1B in weekly volume.
With this surge in activity, fees generated by transactions on the network are running at all time highs, with monthly fee generation in excess of $1M.
The total value locked in smart contract applications has risen notably, as well. The TVL on Sui is now in excess of $1.2B, also a new all time high.
Luke leads coverage on money markets, stablecoins, real world assets, interoperability, and intents-based infrastructure. Previously worked in market research and product at a startup incubator.