autorenew
4 Underrated Sui Projects to Watch: DeepBook, NAVI, Scallop, and Bucket Powering DeFi Growth

4 Underrated Sui Projects to Watch: DeepBook, NAVI, Scallop, and Bucket Powering DeFi Growth

Hey there, fellow blockchain explorer—ever feel like the Sui Network is this sleek, high-speed rocket ship blasting past the usual suspects in crypto? If you're nodding along, you're in for a treat. A recent scoop from BSC News just dropped the mic on four under-the-radar projects building serious momentum on Sui. We're talking DeFi tools that could redefine liquidity, lending, and stablecoin plays without the hype overload. As someone who's chased meme token moonshots from the front lines at CoinDesk and now curates the wild world of on-chain vibes at Meme Insider, I love spotlighting these ecosystem builders. Let's unpack why these picks deserve a spot on your radar

🔍 Generating MDX frontmatter.

- The slug will be "promising-sui-projects-deepbook-navi-scallop-bucket."
Sui's no stranger to speed demons—its parallel processing cranks out up to 297,000 transactions per second with sub-second finality, making it a playground for devs tired of Ethereum's gas guzzlers. But amid the buzz around big names like Suilend, these four are quietly stacking wins. Published just days ago on September 11, 2025, the BSC News deep dive highlights projects blending innovation with real utility. Buckle up; we'll break 'em down one by one.

First up, DeepBook. Imagine a decentralized order book that's fully on-chain, slicing through slippage like a hot knife through butter. This bad boy is Sui's core DeFi infrastructure, powering central limit order books (CLOBs) for everyone from retail traders to institutional whales. What makes it tick? Lightning-fast order matching, routing, and settlement—all baked into Sui's protocol. Its DEEP token isn't just governance fodder; it dishes out fee rebates and liquidity perks. With a TVL hovering at $17 million, a $480 million market cap (DEEP at $0.13), and over $12 billion in volume served to 10 million+ users, DeepBook's no newbie. They've burned 18.2 million tokens from fees already, and v3 dropped in October 2024 with juiced-up liquidity tools. Tie in Circle's Cross-Chain Transfer Protocol for native USDC, and you've got interoperability on steroids. If you're into high-frequency trading without the headaches, this is your Sui entry point.

Shifting gears to lending, meet NAVI Protocol—Sui's yield-hunting powerhouse. This isn't your grandma's savings account; it's a full-stack DeFi suite with lending, staking, and even DEX swaps rolled into one. Connect your Sui wallet (no KYC nonsense), lend assets for interest, borrow against collateral, or stake for pool rewards from trader fees. Backed by Mysten Labs, NAVI boasts a whopping $812 million TVL, rubbing shoulders with Sui's DeFi elite. Sui's low fees and object-centric model mean no bottlenecks—loans and stakes process in parallel like clockwork. Whether you're a yield chaser or liquidity provider, NAVI's user-friendly vibe makes it a no-brainer for dipping toes into Sui's financial waters.

Can't talk Sui lending without shouting out Scallop, the protocol that's climbing the ranks faster than a viral meme. Ranking in the top five DeFi lenders (per DeFiLlama), Scallop serves up high-APY lending (10-15% on Sui assets), dirt-cheap borrowing (under $0.01 gas), and liquid staking for extra juice. Its composable tokens? Chef's kiss—they plug right into other apps, giving devs and users mad flexibility. Leveraging Sui's Move language for bulletproof smart contracts and high-throughput architecture, Scallop's all about that low-cost, high-reward life. If NAVI's the steady climber, Scallop's the sprinter eyeing those premium bond yields.

Rounding out the quartet is Bucket Protocol, the stablecoin whisperer via collateralized debt positions (CDPs). Lock up assets, borrow $BUCK at fixed low rates—boom, you've got a rock-solid DeFi medium without the volatility drama. It integrates seamless with USDC, AUSD, FDUSD, and USDY, pumping liquidity across Sui's asset scene. Predictable costs and easy value transfers make it a stability anchor in a sea of swings. For practitioners building or trading on Sui, Bucket's your go-to for borrowing without the borrow shame.

So, what's the big picture here? These projects aren't just riding Sui's wave—they're shaping it. With TVLs stacking up and integrations like Walrus mainnet (post its $140M raise) funneling in gaming and demand, Sui's ecosystem is primed for a breakout. At Meme Insider, we're all about that knowledge base glow-up, so whether you're a meme token maxi or DeFi dabbler, keep these on your watchlist. Head over to the full BSC News article for the nitty-gritty, and drop your thoughts in the comments—which one's got you most hyped? Let's chat Sui's future. 🚀

You might be interested