Sui's DeFi Growth Surges in 2023 with $310M Flowing from Ethereum
• Sui's total value locked (TVL) has risen from $211M to $593M since January 1st
• The native SUI token is up 131% over the same period
• Sui has overtaken Cardano, Near, and Aptos in terms of capital locked on DeFi protocols
• $310M has flowed into Sui from Ethereum through the Wormhole bridge in the past 30 days
• The two largest DeFi protocols on Sui, Scallop Lend and Navi Protocol, have seen their TVL quadruple since the new year