SUI Overtakes Bitcoin, Aptos To Become 13th-Largest DeFi Network

Summary

- SUI blockchain has surpassed Bitcoin and Aptos in DeFi space. - SUI's TVL has surged to over $360 million, surpassing Bitcoin's $298.8 million and Aptos' $133 million. - SUI also outperforms Kava, Near, and Metis, ranking as the 13th-largest DeFi network. - DeFi market is rebounding in 2024, with TVL increasing from $47 billion in October 2023 to over $72 billion. - Ethereum leads with a TVL of $43.743 billion, followed by Tron and BSC.