The new order-filling king has arrived, brushing NAVX in the Binance wallet. Why brush it? The Gas fee on the Sui chain is the lowest, and it won't get caught in traps, with minimal wear and tear.

The trading volume loss for 1000U is approximately 0.1U to 0.3U. The Binance wallet does not support purchasing directly with exchange balances, so you need to withdraw 1 Sui + USDC from the exchange.

Why is the cost of NAVX lower than other coins?

NAVX-SUI has a pool of $1.3 million, and the transaction fees for both NAVX-USDC pools are minimal, aimed at encouraging volume. The Gas fee is also the lowest across all chains. Once you see this information gap, you can just mindlessly fill orders.

There are already too many people competing on BinanceAlpha, and the returns may not be significant. It’s a competition of who has lower costs. If you don’t want to fill orders, you can also provide liquidity for NAVX.

The top few coins by trading volume on the BNB chain are B2 and ZKJ, with the highest daily trading volume reaching $200 million. Based on the minimal transaction fee, that results in $20,000 in fees, and the annualized yield for providing LP can exceed 500%.

Assuming the NAVX pool has a trading volume of $100 million, the annualized yield for LP could also be above 250%. You can buy some coins to form an LP while also being bullish on the future of the Sui ecosystem.

Considering from Binance's perspective, the coins that maintain the highest trading volume on-chain and have decent fundamentals are likely to have opportunities for listing on Binance contracts and spot trading. This is an interesting game, and I believe this is why NAVI @navi_protocol is so competitive. Currently, the only spot trading in the Sui ecosystem is with Cetus. Since the ecosystem is developing well, there will definitely be more than one. Who do you think will be next? Place your bets in advance!