🚀 Highlighted projects in the Sui ecosystem (DeFi, NFT, and tools)
According to the Tangem report in June 2025, among the top 10 Sui tokens and projects:
Cetus Protocol (CETUS): A DEX platform using the concentrated liquidity market maker (CLMM) technology operating on Sui and Aptos, with a standard trading volume TVL exceeding $220 million.
DeepBook (DEEP): A decentralized order book protocol that provides liquidity depth for financial applications on Sui.
Suilend (SEND): A lending and borrowing protocol, with features such as liquid staking and STEAMM development for AMM.
Scallop (SCA): An advanced lending platform within the Sui environment.
Sui Name Service (NS): A simplified naming service that links complex addresses to readable names.
The 99Bitcoins report (published in May 2025) mentions the NAVI Protocol project as a central DeFi platform, with features such as isolated lending, flash loans, and cross-chain borrowing.
📰 Recent projects and confirmed initiatives from the Sui foundation
Ika Network: A consensus protocol that allows Sui smart contracts to reliably handle assets across chains since July 28, 2025.
BTCfi on Sui / tBTC integration: tBTC was launched on Sui, bringing over $500 million in Bitcoin liquidity to the system.
An initiative to expand the project in Nigeria via SuiHub Lagos, to support innovation in the rapidly growing African market since July 15, 2025.
Enhanced developer data support in the network such as gRPC APIs in version 1.52.2 (July 24, 2025), facilitating developers' access to data and new features.
🧪 Recent technical research based on Sui
Mysticeti‑C: A DAG-based consensus protocol that accelerates confirmation time to under 0.5 seconds by integrating with Sui, reducing transaction time by 4 times compared to before.
zkLogin and Sponsored Transactions: Research projects that enhance user experience through login via accounts like Google and Facebook, and activating institutional fees to cover transaction fees for new users.
Tyche: A collateral-free batch withdrawal protocol based on Sui that offers resistance to collusion with low transaction costs for millions.
📌 Quick Summary
Project / Effort Type Current Status
Cetus, DeepBook, Suilend, and others DeFi projects In production, part of the top Sui projects
Ika Network Cross-chain infrastructure Recently launched (July 2025)
BTCfi / tBTC integration DeFi / Bitcoin liquidity Recently launched and rapidly expanded
SuiHub Lagos Incubator and Sui center in Africa Started in mid-July 2025
Mysticeti‑C, zkLogin, Tyche Protocol research In the innovation and application phase on Sui.
