Sui’s Stablecoin Volume Goes Over $100 Billion in August
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- The Sui ecosystem’s DEX volume has topped $130 billion
- In early August, Sui surpassed over $1 trillion in stablecoin transfer volume, which represents a huge milestone
- The unlock of 44 million SUI tokens (approximately 1.25% of its circulating supply) is scheduled for September 1
Sui has officially crossed $100 billion in stablecoin transfers in August alone, marking a new acceleration in on-chain usage. It is positioned above its competitors, such as Arbitrum (roughly $87 billion), Polygon (approximately $75 billion), and others, showing its growing dominance in blockchain scalability.
This is a big deal for ecosystem engagement since stablecoin activity frequently serves as a driver for DeFi protocols, NFT trading, and various payment systems.
Additionally, the Sui ecosystem’s DEX volume has topped $130 billion, driven by fast, low-cost transactions via its object-centric and parallel execution architecture.
Related: How to Create a Token on the Sui Network: A Step-by-Step Guide
With daily DEX volume, TVL (Total Volume Locked), and active user metrics all surging, Sui continues to attract institutional attention. This includes a robust DeFi TVL…
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