Recently, the price and TVL of Sui have both increased, making the market feel like there is a next Solana.
As the leading lending platform on the Sui chain, NAVI is definitely worth paying attention to.
Although we are currently talking the most about MeMe, a public chain must have two essential infrastructures: a DEX and lending.
DEX provides a place for token trading, which is obvious. Lending acts as a magnifier for funds; for example, a user can collateralize Sui on NAVI, borrow USDT, and then purchase other tokens. This is equivalent to the deposit and loan business of a bank.
NAVI's TVL is 380 million USD, making it the top project on SUI in terms of TVL, exceeding the second place by two times.
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