Scallop

DeFi

Cetus Protocol

The SUI ecosystem is on fire, and if you haven’t hopped on the SUI train yet, now’s the time. 
While the $SUI token itself has seen explosive growth, the broader SUI ecosystem is what really has investors buzzing. 
The ecosystem is expanding rapidly but it’s the DeFi sector that’s truly making waves. Recently, SUI achieved a new all-time high (ATH) in Total Value Locked (TVL), crossing the $1 billion mark—a 73% increase over the last month. 
So, what’s cooking in the SUI ecosystem? 
Let’s dive into the top 4 SUI projects making waves right now, and why you can’t afford to miss out—especially on <a href="https://suirum.com">Suirum</a>, a meme-coin that’s turning heads in a big way. 
<a href="https://suirum.com/sale/">Join Suirum Presale</a> 
<ol> 
 <li> Cetus Protocol ($CETUS)</li> 
</ol> 
Cetus Protocol is a trailblazing decentralized exchange (DEX) on the SUI blockchain, pioneering the Move programming language and offering unmatched trading efficiency. As a Concentrated Liquidity Market Maker (CLMM), Cetus maximizes capital efficiency and minimizes slippage, making it one of the best DeFi protocols for traders. 
One standout feature of Cetus is Deepbook, SUI’s Central Limit Order Book (CLOB). Although Deepbook itself doesn’t have a UI, many DeFi apps in SUI rely on it in the background to facilitate smooth trading. The protocol offers features like limit orders, dollar-cost averaging (DCA), pools, farms, and vaults, providing traders with a CEX-like experience in a decentralized environment. 
With $CETUS up by 250% in the last 30 days and a market cap of $65 million, Cetus has proven itself as a cornerstone of SUI’s DeFi space. 
<ol start="2"> 
 <li> Navi Protocol ($NAVX)</li> 
</ol> 
If you’re familiar with Aave, then you’ll love Navi Protocol—SUI’s top DeFi mover. With a TVL of $359 million, Navi stands head and shoulders above other DeFi projects on SUI, offering innovative lending and borrowing solutions. 
One unique feature is its looping functionality. Investors can use $SUI as collateral, borrow $USDC, then swap back to $SUI and lend again, creating a cyclical earning strategy. Navi even tracks a health score that improves with each iteration of this strategy, making it a powerful tool for DeFi enthusiasts. 
With $NAVX up by 230% in the last month and a market cap of $40 million, it’s not hard to see why this protocol is leading the pack. 
<ol start="3"> 
 <li> Scallop ($SCA)</li> 
</ol> 
Next up is Scallop, a next-gen money market and lending protocol that’s taken the SUI DeFi space by storm. Scallop holds the #4 spot in TVL on SUI and was also the first DeFi project to receive a grant from the SUI Foundation. 
In addition to its lending services, Scallop offers a swap function and a governance token ($veSCA), allowing users to lock their $SCA for governance power, boosted token emissions, and a share of protocol fees. 
With $SCA’s market cap at $22.8 million and its price up by 180% in just 30 days, Scallop is another powerhouse project within the SUI ecosystem. 
<ol start="4"> 
 <li> Suirum ($SUIR)</li> 
</ol> 
Now, let’s talk about the newest project taking the SUI ecosystem by storm: <a href="https://suirum.com/">Suirum ($SUIR)</a>. Suirum isn’t just any meme-coin—it’s the one you’ll regret missing out on if you don’t act fast. Currently in its presale, Suirum has already raised over 15,000 SUI, and it’s showing no signs of slowing down. 
<a href="https://suirum.com/sale/">Join Suirum Presale</a> 
What makes Suirum’s presale so unique? 
Unlike typical meme-coin launches, Suirum has adopted a deflationary token model, meaning the supply will shrink over time, increasing the token’s value as demand rises. 
With 60% of the total token supply of 1 Billion allocated for presale, this is your golden opportunity to get in early, while the price is still low. 
And here’s the kicker: <a href="https://suirum.com">Suirum</a> is set to list on Cetus Protocol at a price 50% higher than the presale price. 
The interesting thing to note is there is no presale price as the Final $SUIR allocation will be determined by the total number of SUI contributed. That’s an instant potential gain for anyone who buys in during the presale.&nbsp; 
Investors from Aptos, Solana, and SUI itself are flocking to Suirum, recognizing its potential to become the next big meme-coin on the SUI blockchain. 
How to Join the Suirum Presale 
Set Up a SUI-Compatible Wallet: You’ll need a SUI-compatible wallet like SUI Wallet or Suiet Wallet to participate. 
Buy $SUI Tokens: Purchase $SUI tokens from exchanges like Binance, Coinbase, or Bybit. 
Visit the Suirum Presale Page: Go to <a href="http://suirum.com/sale">suirum.com/sale</a> and follow the instructions to contribute. 
Receive Your $SUIR Tokens: After the presale ends, your $SUIR tokens will be airdropped to your wallet, ready to trade when it hits Cetus. 
<a href="https://suirum.com/sale/">Join Suirum Presale</a> 
Don’t Miss Out! 
<a href="https://suirum.com">Suirum</a> is gearing up to be one of the biggest meme-coin launches on SUI, and its presale is your ticket to potential life-changing gains. 
With over 10,000 SUI raised and a listing price 50% higher than the presale, the FOMO is real. Don’t wait—secure your spot in the Suirum presale today! 
Stay Connected with Suirum: 
Website: <a href="https://suirum.com">https://suirum.com</a> 
Blog: <a href="https://suirum.medium.com/">https://suirum.medium.com/</a> 
X: <a href="https://x.com/suirum">https://x.com/suirum</a> 
Telegram: <a href="https://t.me/suirum">https://t.me/suirum</a> 
Discord: <a href="https://discord.gg/HtyC2c6q">https://discord.gg/HtyC2c6q</a> 
The post <a href="https://thecoinrise.com/top-4-sui-ecosystem-projects-you-cant-afford-to-miss/">Top 4 SUI Ecosystem Projects You Can’t Afford to Miss</a> appeared first on <a href="https://thecoinrise.com/">TheCoinrise.com</a>.

Top 4 SUI Ecosystem Projects You Can’t Afford to Miss

TheCoinrise Media

Other articles published on Oct 15, 2024

BlackRock CEO: Bitcoin Is Alternative to Gold

Weekly Article Recap: 10/07-10/11

Paxos debuts new stablecoin payment platform with Stripe

Exchange Analysts Share What They Expect Next for Bitcoin Price

SpaceX: To the Moon and Back

SEC Faces Legal Challenge as Bitnomial Disputes XRP Security Status

Join our free newsletter for daily crypto updates!