The total value locked (TVL) on the Sui network has surpassed $1.6 billion with significant growth. According to BlockBeats, data from DefiLlama indicates that the total value locked (TVL) on the Sui network has exceeded $1.6 billion, currently standing at $1.632 billion, an increase of over 9% in the past 24 hours. Additionally, the decentralized exchange (DEX) on the Sui network has seen its 24-hour trading volume reach $599 million, reflecting a growth of 35.01% compared to the previous week. $SUI

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