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5 Red-Hot DeFi Apps on Sui

Five promising DeFi apps to put your money to work on Sui.
5 Red-Hot DeFi Apps on Sui
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Last week, we broke down a litany of bullish catalysts behind Sui’s swelling momentum. Just as excitement was building, however, the Sui ecosystem was rocked by the $260M exploit of Cetus – its leading liquidity provider.

Despite this setback, for those betting on the network’s potential, opportunity abounds. With validators working to recover stolen spoils and the Sui Foundation stepping in with a loan to cover the remainder, Cetus users will soon be made whole and better days could lie ahead for the network…

Today, we’re diving deeper into the alt L1, exploring red-hot protocols reshaping Sui with juicy yields and first-mover rewards for early adopters.

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Jack Inabinet

Written by Jack Inabinet

484 Articles View all      

Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial apartment development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.

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