If you're dipping your toes into the Sui ecosystem, you've probably heard the buzz—it's a layer-1 blockchain built for speed and scalability, using the Move programming language to keep things secure and efficient. But what really gets people excited? The projects building on top of it. A recent spotlight from BSC News highlights some of the most promising ones, and trust me, they're worth your attention if you're a blockchain practitioner looking to stay ahead.
These aren't just random apps; they're DeFi powerhouses leveraging Sui's parallel transaction processing to handle massive volumes without breaking a sweat. With Sui's total value locked (TVL) surpassing $2 billion and over 1.7 million daily active addresses as of mid-2025, it's clear the network is firing on all cylinders. Let's break down the top picks: DeepBook, NAVI Protocol, Scallop, and Bucket Protocol. I'll keep it straightforward—no jargon overload, just the good stuff.
DeepBook: The On-Chain Trading Beast
Imagine a stock exchange, but fully on the blockchain— that's DeepBook in a nutshell. It's a central limit order book (CLOB) protocol, meaning it matches buy and sell orders right on-chain for super precise pricing. No more worrying about off-chain shenanigans.
Key perks? It taps into Sui's parallel processing for lightning-fast trades, and the native DEEP token lets you vote on governance or snag fee rebates. They've already clocked over $12 billion in trading volume and served 10 million users. Fun fact: They burned 18.2 million DEEP tokens from fees, which is like a built-in deflationary mechanism. TVL sits at $17 million, with the token hovering around $0.13 and a $480 million market cap. If you're into DEX trading, this one's a no-brainer—especially with their Version 3 upgrade dropping liquidity boosts later this year.
NAVI Protocol: Your All-in-One Lending Hub
Need to lend, borrow, or stake without the hassle? NAVI Protocol has you covered. It's like a Swiss Army knife for DeFi on Sui, blending lending markets, liquid staking, and even a DEX for quick swaps. Just connect your Sui wallet—no KYC nonsense required.
What sets it apart is how it plays nice with Sui's low fees and high bandwidth, making it ideal for everyday users. Backed by Mysten Labs (the folks behind Sui), it's racked up a whopping $812 million TVL. Whether you're earning yields on staked assets or borrowing to leverage your positions, NAVI keeps things simple and scalable. Perfect for practitioners testing out composable finance without the gas fee headaches.
Scallop: High-Yield Lending, Sui-Style
Scallop ranks in the top five DeFi lending protocols on Sui, and for good reason—it's all about maximizing your returns with minimal friction. Think 10-15% APYs on lending, dirt-cheap borrowing (thanks to Sui's sub-$0.01 gas fees), and liquid staking to keep your assets working for you.
Built on Move smart contracts, it's super secure and composable, meaning you can plug it into other apps seamlessly. If you're building or just HODLing, Scallop's high-throughput design ensures your
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transactions fly through without delays. It's a go-to for anyone serious about yield farming on a network that's not afraid to scale.
Bucket Protocol: Stablecoin Magic with CDPs
Last but not least, Bucket Protocol lets you create collateralized debt positions (CDPs) to mint $BUCK, a stablecoin pegged to the dollar. Collateralize your assets, borrow at fixed low rates, and dive into liquidity pools— all while enjoying Sui's low-latency magic.
It supports heavy-hitters like native USDC, AUSD, FDUSD, and USDY, making it a stablecoin playground. The real edge? Sui's architecture allows multiple CDPs to process in parallel, so no bottlenecks during volatile markets. If stablecoins are your jam, Bucket's integrations from 2024 onward make it a solid pick for risk-managed borrowing.
Wrapping this up, Sui's ecosystem is proving why it's a contender in the layer-1 race: innovative projects like these are drawing in retail degens and institutional players alike. With DeFi TVL booming and daily users skyrocketing, now's the time to explore. Head over to the Sui Network docs to get started, or check out BSC News' full rundown for deeper dives. What's your favorite Sui play? Drop a comment below—let's chat crypto.
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