Sui achieved multidimensional breakthroughs in 2024, with the lock-up amount soaring to $1.75 billion.

According to CoinWorld, recently, the SUI ecosystem released a summary of 2024, showcasing its comprehensive rise in the field of Decentralized Finance. The data shows that SUI's Total Value Locked (TVL) has surged from less than $250 million at the beginning of the year to $1.75 billion in December. At the same time, over 7.5 billion transactions were completed throughout the year, and 4 new native stablecoins (USDC, AUSD, FDUSD, and USDY) were added, significantly enhancing the Liquidity foundation within the ecosystem. In 2024, SUI launched several flagship products, including DeepBook V3, Sui Bridge, and Mysticeti. These innovations not only attracted traditional institutions such as VanEck and Franklin Templeton to follow suit but also incentivized user participation through DeepBook's on-chain order book and incentives. Since the launch of DeepBook V3, the total volume has exceeded $1 billion, and the introduction of the DEEP token further solidified the ecosystem's core competitiveness. Additionally, Sui Bridge has also become a focus, enabling seamless Cross-Chain Interaction asset transfers in collaboration with Circle, achieving native USDC interoperability across multiple chains for the first time. These advancements lay a solid technical foundation for the future asset expansion of the ecosystem. It was also mentioned in previous reports that the SUI ecosystem has partnered with Babylon and SatLayer in expanding BTC Liquidity, utilizing Lombard's LBTC to release liquidity for BTC assets, providing users with more opportunities for on-chain new assets. SUI's multidimensional innovations demonstrate its potential as a Decentralized Finance rise engine, and 2025 will be an important year for SUI to continue deepening technological innovation and expanding its ecosystem.