Grand Cayman, Cayman Islands, Jan. 16, 2024 – Sui, the layer-1 blockchain led by Meta’s Diem stablecoin project team, surpasses $300 million in total value locked (TVL), racing past Bitcoin on DefiLlama’s leaderboard. Now the 13th-largest blockchain by TVL, Sui has achieved a remarkable 2000% TVL increase since August. Key milestones include $100 million in bridged USDC, peak daily transactions, and a TPS of 297,000.
Sui tops $300m in defi TVL, surpasses Bitcoin
