- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
SUI Surges 30% Intraday, What are Some Ecosystem Projects Worth Paying Attention To?
After the market welcomed both Trump and Musk's "backing down," the crypto market also followed suit with a surge in futures. Amidst a pleasing sea of green, the SUI ecosystem token stood out with a significant double-digit price increase. According to market data, the SUI ecosystem saw a remarkable 24-hour overall increase of 23.1%, with leading projects like DeepBook recording gains of over 120%.
Data Source: coingecko
From being dubbed the Move system's twin star alongside Apt to being included in the strategic reserves of the Trump family fund WLFI, SUI's strategy has gradually shifted from a gaming focus to a trading chain. Last month, the Walrus project airdropped its token, and participants in the airdrop after the TGE expressed that they "didn't get enough." Walrus's parent company, MystenLabs, CPO once stated that Walrus would be one of the largest airdrops in history. While it may not be the largest, its marketing goal has been achieved.
Since then, MystenLabs' strategy is mostly ready, with SUI and the storage public chain Walrus mutually promoting on-chain. They have developed SUI's native order book integrated DeepBook to provide liquidity, the in-app protocol with built-in royalties makes GameFi more scalable, and SUI Name Service for "domain names," Getstashed for "mobile payments," SUI Wallet for "wallets" complemented by Enoki and zkLogin technologies, making SUI an extremely friendly environment for ecosystem projects looking to build on the mobile side.
Besides the official ecosystem, as the SUI ecosystem leads the market in a warming trend, which projects are worth keeping an eye on during this surge? Let's delve into that.
DeFi Field
As an early liquidity protocol on Sui, Cetus saw a 25% daily price increase of its platform token $CETUS during the recent general surge in the SUI ecosystem, nearly doubling its market value in the past two weeks. The platform primarily offers exchange functionality with limit orders, as well as tools like mining, liquidity pools, and treasury. Its DeepBook interface provides a direct pathway for regular users to access Sui's native liquidity layer.
Lending platform Scallop is another early Sui DeFi protocol that allows users to deposit SUI into pools to earn interest or participate in more advanced lending strategies. Besides lending, Scallop now supports exchange functionality and provides cross-chain bridge capabilities.
Founded by former Meta employee Wendy Fu and backed by VC firms like Jump Crypto, Coinbase Ventures, and Amber Group, Momentum is seen as Move's liquidity solution. Both public chains in the Move ecosystem, Sui and Aptos, are also part of the investment lineup. It is currently the largest stablecoin integration platform on SUI. Some stablecoin trading pairs' LPs have a fairly attractive APR, with some airdrop expectations.
An integrated platform for DeFi dApps and wallets on SUI, serving as a dashboard for the SUI DeFi ecosystem. It made it to the finals of the first Sui Pitch Day, an event where project teams directly showcase their projects to a judging panel composed of VCs and investors to secure funding.
Nemo is a native yield trading platform where users can go long on yield or hedge yield risk. It also made it to the Sui Pitch Day finals, having previously received support from Sui Grants and the Hydropower Accelerator Program.
During this cycle, the MemeCoin ecosystem on SUI has not yet taken off. Since the previous cycle's $Hippo peaked at a $30 million market cap, there haven't been many Meme projects, resulting in limited support from well-known TradingBots. Therefore, SUI's native RaidenX has taken up the mantle in this area. Besides integrating trading, the project has also expanded its scope. In addition to being a TradingBot, RaidenX will also serve as the infrastructure for DeFAI development.
AI Related
OpenGraph is a comprehensive end-to-end Agent flow technology framework deployed on Sui and Walrus, providing chain-based model deployment, chain-based inference execution, chain-based result storage, and other features for AI Agents.
ZO is an AI perpetual contract protocol developed by Sudo Finance. It is equipped with an AI Agent that can provide personalized trading suggestions and manage portfolios. Users can also engage with the Agent SDK to integrate their own AI Agent for trading.
RockeeAI is a DeFAI integrated Agent that can achieve functional design at various levels of DeFi, allowing users to interact directly with the AI agent through an application and request relevant data on topics such as project details, contract addresses, token prices, and yield strategies. The AI agent then gathers information from multiple trusted sources and presents it to the user in a naturally understandable way.
In addition, it can automatically trade based on user's natural language, retrieve the latest market data to provide market analysis to the user, integrate social media platforms, news media, and data from community platforms such as Telegram, Discord, Reddit, analyzing off-chain factors at the community sentiment level.
NFT Market
SuiFrens is an NFT officially issued by Mysten to showcase the scalability of the Move series. It has two main features. Firstly, this NFT implements dynamic rendering, meaning the holder can put on or take off accessories on the NFT at any time, and creators and brands can freely create accessories on SuiFrens. Secondly, it has an NFT breeding system where owners can Mix any two SuiFrens they own or have permission to use. During the Mix process, each offspring has a high probability of inheriting existing traits from the parents and also a chance of mutation to create more combinations.
THE MF SQUID MARKET is an NFT issued on the SUI MPC network by IKA, which the community believes is related to the future token $IKA to be issued. The current floor price is 42 SUI, and the daily trading volume on the Move cross-chain NFT platform TradePort has reached 7300 SUI.
As the native domain system of SUI, the Sui Name Service converts complex blockchain addresses into human-readable names. Currently, there are 400,000 registered domain names. The Sui Name Service has now been acquired by official MystenLabs and is developing as an important part of the SUI ecosystem. Its project token $NS has performed remarkably well in this SUI ecosystem uptrend, with a 300% market value increase this month.
With the collective warming of the SUI ecosystem, many new projects have emerged in SUI. With the support of Move's technology, SUI's high throughput and low latency are also highly anticipated for its future development prospects in payments and DeAI. BlockBeats will continue to track its new developments.
You may also like
Wall Street Shorts ETH: Vitalik is aware and has front-run, while Tom Lee remains oblivious
Social Capital CEO: How Equity Tokenization is Reshaping Capital Markets from US Stocks to SpaceX?
CoinGecko Report: Surge of 346% vs Dip of 20.8%, The Wild Rise of DEX
a16z: The Real Opportunity of Stablecoins Lies Not in Disruption but in Filling Gaps
Mining Exodus: Someone Holds $12.8 Billion AI Order
March 6 Market Key Intelligence, How Much Did You Miss?
a16z: The True Opportunity of Stablecoins is in Complementing, Not Disrupting
Predict LALIGA Matches, Shoot Daily & Win BTC, USDT and WXT on WEEX
The WEEX × LALIGA campaign brought together football excitement and crypto participation through a dynamic interactive experience. During the event, users predicted matches, completed trading tasks, and took daily shots to compete for rewards including BTC, USDT, WXT, and exclusive prizes.
Ray Dalio Dialogue: Why I'm Betting on Gold and Not Bitcoin
Who Took the Money in the AI Era? A Must-See Investment Checklist for HALO Asset Trading
Wall Street Bears Target Ethereum: Vitalik In the Know Takes Flight, Tom Lee Remains Bullish
Pump.fun Hacker Steals $2 Million, Receives 6-Year Prison Sentence, Opts for 'Self-Detonation'
6% Annual Percentage Yield as Musk Declares War on Traditional Banks
36 years, 4 wars, 1 script: How does capital price the world in conflict?
Mining Companies' Great Migration: Some Have Already Secured $12.8 Billion in AI Orders
What Is Vibe Coding? How AI Is Changing Web3 & Crypto Development
What is vibe coding? Learn how AI coding tools are lowering the barrier to Web3 development and enabling anyone to build crypto applications.
The parent company of the New York Stock Exchange strategically invests in OKX: The intentions behind the $25 billion valuation
WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
App