Introduction:
If you don’t know what SUI is Read this ,which takes a deep dive into the SUI blockchain its background and more last time the Network’s has grown from over 20 million to more than 564 million at the time of posting this ,so what’s happening over there well here are some of the top projects in the Sui ecosystem to check out.
Sui Wallets – Suiet and Ethos:
Okay so the first thing you need when interacting with the blockchain is of course a wallet the site wallet by Miss Labs itself Suite and Ethos are some popular options in the Sui ecosystem among users all three providers are self- custody crypto wallets for you to store manage and trade your digital assets on the Sui blockchain.
Lending on Scallop and NAVI Protocol:
Now with your wallet you can start performing transactions such as lending on scallop a peer-to-peer money market on the Sui blockchain users can earn interest by supplying liquidity to pools or borrow crypto currencies. By locking up collateral the protocol supports a variety of assets including usdc usdt s and cedus with a tvl exceeding 125 million at the time of posting scallop is the top lending protocol within the site ecosystem users can also check out scallops incentive program that rewards early users with extra limited S tokens during the rewards period which is refreshed bi-weekly the program is expected to run until the end of the year another lending platform to consider looking at is na’vi protocol a native.
One-Stop liquidity protocol on Suite for users to provide or borrow liquidity within the suite ecosystem the protocol has introduced some interesting features one of those is automatic leverage Vault that provides low APR assd borrowing and isolation mode which ensures the secure listing of new assets which can only be used as collateral with approval from na’vi governance both features work to minimize risk for users when leverag trading on top of that na’vi protocol employs a permissionless liquidation system that ensures liquidations are controlled and regulated through predefined rules on when and how positions can be liquidated this mechanism helps to enhance security transparency and efficiency in managing risk users can also make use of nav protocols Bridge that’s powered by Wormhole to move assets across other networks are you launching. The next Cutting Edge crypto project and in need of crypto Market data look no further coin gecko API is the world’s most reliable accurate and comprehensive cryptocurrency data API for Traders and developers why build price feeds from scratch when you can access crypto nft and onchain Dex data directly from coin gecko API get realtime crypto Market data such as price trading volume market capitalization metadata onchain liquidity data and more from 70 plus end points with just a few API calls help your end users discover the market momentum quickly and easily coin gecko API is used and trusted by thousands of Industry leaders and projects including metamask ether scan chain link.
DEXs – Cetus Protocol and Aftermath:
The next project on our list is cedus protocol a decentralized exchange and liquidity protocol built on theu and Aptos blockchain cedus is also building their own adaption of a highly customizable liquidity protocol based on clmm or concentrated liquidity Market maker where users can deposit liquidity within custom priz ranges similar to Unis swap V3 the platform also allows users to create and execute complex combinations of swaps range orders and limit orders you can also explore the cedus. Launchpad and discover any new projects that are launching their tokens on the platform so what’s next after math a decentralized exchange platform for trading investing and earning yield is another one of the largest defi platforms on the sweet blockchain aftermath has a few features that might catch your interest such as the various liquidity pools which can allow up to eight assets these could be similar coins or even uncorrelated assets allowing users to create unique baskets like a blue chip or meme coin index. There are also liquid staking derivatives which allow sweet tokens to be staked then there’s also perpetuals where Traders can leverage crypto Forex Commodities and gamey assets and then there’s also lending pools that give holders of S network assets the opportunity to earn yield obtain leverage or short assets.
BlueMove’s NFT Marketplace:
if you’re interested in nfts well then blue move is the marketplace to go to it’s a Community First nft Marketplace on The Suite and Aptos blockchain it rewards Traders collectors and creators that participate in the platform either by buying selling or creating nfts move is the utility token of blue move and is used as staking incentives onchain governance participation in whitelist Pools and More move holders can also stake their tokens to earn transaction fees from the marketplace the platform was awarded with one of the 20u Builder hero awards from theu Foundation to recognize the nft marketplace’s role in showcasing the sweet blockchain.
Cross-chain activities on OmniBTC:
For those who want to explore other networks while on the sweet blockchain Omni B TC is here to provide that Omni chain defi experience this platform on the site blockchain provides users with seamless cross-chain defi activities like cross-chain swaps and lending Omni BTC utilizes interoperability protocols such as layer zero Wormhole and seller to connect all onchain liquidity there are over Seven Bridges and 20 dexes for users to choose from and the list of supported chains include optimism polygon and BASE.
Web3 Games – Abyss World:
The last project on our list goes out to The Gamers abis world is a third person arpg video game developed by metagame Industries sets in an alternate world called ninia it features a dark fantasy theme where players explore the ninian realm and uncover Secrets the game has various characters that feature different professions races and traits to offer a diverse gameplay experience within the economic system of abis world is a dual token model with awt. As the native token and mgc as an in-game currency backed by AMD Microsoft epic games and IGN it’s set to be the first of its kind by combining metagame industries’s expertise in games with sze technology to create a unique experience that Bridges web 2 and web 3 players and that’s all we’ve got for you for today’s Post on the the top projects in the Sui ecosystem we hope you found this post to be a great starting point as you begin to explore for yourself let us know in the comments below if there are any other projects building onu that you’ve got your eye on.
Disclaimer:
This is not financial advice, I am simply talking about my experience with cryptocurrency. If you want to invest in cryptocurrency please do your own research and invest at your own risk. We recommend that as a consumer, you exercise your due diligence and research any and all strategies recommended to you before adopting them in your own business. We and other encompassed entities are not responsible for any damages that result from an effort to implement the information provided in this or any other video, article, social media post, and related publications.