US EditionBTCFi Booms on Sui Network: $300M Locked as Momentum Accelerates
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BTCFi Booms on Sui Network: $300M Locked as Momentum Accelerates
The rapidly evolving area of Bitcoin-based decentralized finance (BTCFi) has emerged as a new frontier in cryptocurrency, and leading that frontier is one blockchain in particular: Sui Network. Today, an ecosystem of Sui has been formed with more than 2,700 BTC—amounting to approximately $300 million in total value locked (TVL)—bridged to it. From where I sit, that’s a happening DeFi platform. The rising activity of BTCFi in Sui clearly shows th…
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