According to BlockBeats, data from DefiLlama shows that the Total Value Locked (TVL) on the Sui Network has surpassed $1.7 billion, currently reaching $1.735 billion. This represents an increase of over 41% in the past week.

Meanwhile, the decentralized exchange (DEX) on the Sui Network recorded a trading volume of $3.592 billion over the past week, reflecting a 67.7% surge compared to the previous week.

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