Sui Network TVL Surpasses $1.6 Billion: Impressive Growth Observed

Sui Network’s total value locked (TVL) has soared past $1.6 billion, as per data from DefiLlama. Currently at $1.632 billion, the network has witnessed a remarkable 9% increase in TVL over the past 24 hours. Meanwhile, its decentralized exchange has experienced significant growth, with 24-hour trading volume reaching a staggering $599 million – representing a robust 35.01% surge compared to the previous week.