According to PANews, the Sui Foundation has released its DeFi report for the second quarter of 2025, highlighting significant developments within its ecosystem. The report reveals that the total value locked (TVL) in the ecosystem reached a peak of $25.55 billion on May 21, later stabilizing above $20 billion towards the end of the quarter. Additionally, transaction volumes increased by 30.54% year-over-year.
In the BTCfi sector, new assets such as sBTC and xBTC were introduced, contributing to the ecosystem's growth. On the institutional investment front, 21Shares is nearing the NASDAQ listing of its SUI ETF, marking a notable advancement.
Protocols like Momentum and Suilend have demonstrated impressive performance, further driving the ecosystem's expansion. These developments underscore the ongoing growth and innovation within the Sui Foundation's DeFi landscape.
