Sui’s Astounding DeFi Growth Continues into 2024 as TVL Breaks the $500M Barrier
Grand Cayman, Cayman Islands, February 5th, 2024, ChainwireAfter Sui’s TVL surged more than 1500% over the last five months of 2023, its TVL has more than doubled since the start of 2024Sui, one of the fastest-growing Layer 1 blockchains, continued its impressive DeFi growth, surpassing $500M in Total Value Locked (TVL) and solidifying itself in the top 10 of DeFi ecosystems. Alongside this torrid ascent of TVL, on-chain activity has exploded as well. Weekly DeFi volume is up 63 percent over the previous…