Originally launching in May 2023, Sui took the web3 community by storm. Since its inception, it has grown to be a powerhouse in the decentralized finance (DeFi) space. Mysten Labs, a Dreamers team of ex-Meta engineers, built this permissionless blockchain. It’s notable for its speed of transactions and capital efficiency. This has created a very welcoming atmosphere for all kinds of financial shenanigans. App and dev support Sui is focused on long-term viability. You can witness this dedication in its powerful strategic alliances, unique user-focused design, and transparent roadmap for ongoing development.
Its blockchain’s Total Value Locked (TVL) has increased a massive 51,730%. It soared from about $25 million at inception to more than $2 billion by May 2025. This significant development has launched Sui to be the third largest non-EVM (Ethereum Virtual Machine) chain by TVL. This milestone underscores the rising importance of Ethereum in the larger blockchain ecosystem.
Strategic Partnerships and Institutional Integrations
Sui’s impressive growth trajectory is largely driven by strategic partnerships and integrations with established institutions. Together, these partnerships and collaborations highlight the impressive levels of confidence in the Sui network. They lead to unique and important opportunities for large-scale capital investment. Together, these partnerships help bridge the gap between traditional finance (TradFi) and the exponentially increasing universe of Web3. They promote wider uptake and drive innovation.
Most prominent among these collaborations is one with Ondo Finance, a pioneer in tokenized securities, and the Athens Stock Exchange (ATHEX Exchange). These collaborative efforts demonstrate a vigorous appetite to combine traditional financial instruments with blockchain technology. Today’s collaboration with Microsoft is a great example of Sui’s commitment to leveraging the best technology available. It further underpins Sui’s ambitions to deepen in-roads into the enterprise sector. These partnerships further validate Sui’s technology while opening up exciting new paths for growth and innovation within Sui’s ecosystem.
These partnerships play an important role in bringing in institutional investors who are increasingly looking for reliable and scalable blockchain solutions. To further lend credibility, Sui has engaged promise of partnership from juggernauts, both TradFi and Web3. This partnership is another example of Sui’s commitment to building a healthy, sustainable ecosystem. This subgranting approach fosters community development while allowing Sui to penetrate emerging markets and attract users from various backgrounds. Consequently, it speeds up its development and consolidates its position as a top DeFi platform.
Developer-Friendly Environment and Wallet Accessibility
What sets Sui apart is its all-in-one, easy-to-use environment for developers. This approach has been key for encouraging third-party innovation and attracting new projects to its ever-widening ecosystem. The platform offers a suite of tools and resources designed to streamline the development process and empower developers to build cutting-edge DeFi applications. This rich support ecosystem includes the Sui CLI (Command Line Interface), a flexible command-line tool for interacting with the Sui blockchain. It further boasts the Sui VSCode extension, which when used in conjunction with Visual Studio Code provides powerful and refined coding assistance.
Sui offers the Sui JS (TypeScript SDK). This software development kit simplifies the process of building decentralized applications (dApps) in the widely-used TypeScript programming language. Rich documentation goes hand-in-hand with these tools. You’ll discover in-depth how-tos, walkthroughs, and example code that are invaluable assets for seasoned devs and newbies alike. Sui deeply engages with its developer community, even hosting a separate developer-focused Discord server. Here, developers can network with one another, exchange ideas, and find help. The platform runs weekly office hours to address developer questions hands-on. Plus, it provides users with a Telegram channel for direct, real-time support and collaboration.
Sui keeps its platform open by being compatible with most wallets available today. This strategy uniquely serves a variety of user comfort levels and security requirements. You have a shipload of awesome new options to choose from! Connect with well known wallets such as Phantom, Slush (SUI Wallet), Backpack, Ledger, Binance Wallet, Coinbase Wallet, SafePal, Bybit Wallet, Suiet Wallet, Martian Wallet, Ethos Wallet. This large ecosystem of wallets allows users to easily and securely control their own assets. It drives more adoption and engagement on the Sui ecosystem. Sui places a heavy emphasis on developer support and wallet accessibility. This user-centric philosophy fosters a collaborative and open climate that inspires creativity and captures user attention.
DeFi Innovations on Sui
Sui’s DeFi sector is a playground for groundbreaking innovations. Platforms such as Suilend, Haedal Protocol, Scallop, and KriyaDEX are among those making waves in this exhilarating frontier. Together, these protocols offer the largest selection of DeFi services. Learn about the opportunities behind lending, borrowing, liquid staking and leveraged yield farming. This tremendous diversity serves to increase the platform’s attractiveness. It further empowers users with a full range of financial tools to help them maximize their DeFi strategies.
Suilend is a collaborative platform. This is done by unifying the most important DeFi services under one roof, allowing users to enjoy a convenient “one-stop-shop” experience. This easy-to-use platform provides a wonderful entry point to engage with DeFi activities of all kinds. These opportunities are easily accessible by both novice and experienced users. Haedal Protocol features a liquid staking solution, rewarding users with haSUI tokens in return for staked SUI. This protocol actively expands its integration across major exchanges and DeFi platforms, enhancing the liquidity and usability of staked assets. Developed by leading LST protocol Suilend, SpringSui takes liquid staking to the next level with sSUI. This is a game-changing feature that enables instant unstaking, providing users with greater flexibility and control over their staked assets.
Scallop offers a comprehensive money market with high-interest lending and low-fee borrowing, attracting users seeking to optimize their capital efficiency. As our native liquidity protocol, KriyaDEX (KDX) will be everything a decentralized one-stop lending, borrowing, and leveraged yield farming liquidity protocol should be. This protocol maximizes capital efficiency and allows users to increase their returns by strategically leveraging their positions. The stablecoin volume on Sui has exploded! It increased from $400 million in Jan 2024 to nearly $1.2 billion by May 2025, and monthly stablecoin transfer volume exceeding $70 billion. The recent uptick in stablecoin activity underscores the growing adoption of Sui. It turns out to be an excellent foundation for stablecoin-based transactions and DeFi applications.
