Sui, a layer 1 (L1) blockchain, has reached a new all-time high in total value locked (TVL) at $2.6 billion, marking significant growth in its decentralized finance (DeFi) ecosystem. Data from DeFiLlama shows this figure represents a 37% increase from last month and a 160% jump from a year ago, when TVL stood around $1 billion.

The milestone reflects growing liquidity and user adoption across Sui-based DeFi protocols, positioning the blockchain as a rising competitor among newer L1 networks.

Sui DeFi Ecosystem Drives TVL Growth

The surge in TVL is largely fueled by growing activity on decentralized finance protocols like Suilend, Navi, and Momentum.

• Suilend leads with $745 million in TVL, up 11% over the past month.

• Navi follows with $723 million, seeing a 14% monthly increase.

• Momentum ranks third at $551 million, marking a 249% rise over the same period.

This expansion demonstrates increased user engagement in lending, borrowing, and token trading, contributing to Sui’s broader DeFi adoption.

Sui Token Performance

Sui’s native token currently trades at $3.39, with a market capitalization exceeding $12.2 billion, reflecting an 80% gain over the past year.

The token’s price surge aligns with heightened on-chain activity and liquidity inflows, signaling strong investor confidence in the Sui ecosystem.

DeFi Growth Across the Ecosystem

Sui’s rise mirrors a broader growth trend in decentralized finance. Total DeFi TVL has more than doubled over the past year, climbing 104% from $85 billion in October 2024 to $175 billion today, according to DeFiLlama.

This growth reflects the increasing adoption of lending, borrowing, and trading platforms on emerging blockchains, as users seek higher yields and innovative DeFi services.

Strategic Partnerships and Ecosystem Expansion

Sui’s expansion has been supported by strategic partnerships that attract both users and capital to its network. Notably:

• World Liberty Financial (WLFI): In March 2025, Sui partnered with WLFI, a DeFi project linked to President Donald Trump. WLFI issues the USD1 stablecoin, currently the seventh-largest stablecoin by circulating supply.

• EVE Frontier Migration: Web3 gaming project EVE Frontier announced plans to migrate to Sui, bringing additional users and transaction volume to the blockchain.

These collaborations reinforce Sui’s position as a hub for DeFi and gaming-related on-chain activity.

Sui DEX Activity and Market Position

Sui recently surpassed $156 billion in decentralized exchange (DEX) volume, ranking as the sixth-largest chain by 24-hour trading volume, according to CoinGecko.

This level of trading activity highlights both liquidity depth and user engagement, further supporting the blockchain’s growing presence in the DeFi sector.

Outlook for Sui and DeFi

Sui’s TVL milestone indicates strong momentum for the blockchain’s DeFi ecosystem. With continued liquidity growth, strategic partnerships, and high trading volumes, the platform is well-positioned to attract more developers, protocols, and users.

If current trends continue, Sui could become a top competitor among emerging L1 blockchains, driving innovation and adoption in the DeFi and Web3 sectors.