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Cryptocurrency News Articles
Top 6 Sui Projects to Consider Exploring in 2025
Feb 28, 2025 at 08:51 pm
While Sui isn't as popular as top ecosystems like Ethereum and Solana, this fact hasn't deterred Web3 developers from building projects on this blockchain.
While Sui isn’t as popular as top ecosystems like Ethereum and Solana, this fact hasn’t deterred Web3 developers from building projects on this blockchain. Our article reveals the top six decentralized applications on Sui that you can consider exploring in 2025.
What Is Sui?
So, what’s Sui? Well, it’s a growing layer-1 blockchain network that is programmed using the MOVE programming language. It has become popular within the crypto walls due to its connection with the now-collapsed Libra project, which was backed by Facebook’s parent firm, Meta. Notably, Sui’s creator, Mysten Labs, is a company founded by Meta’s ex-employees, who previously worked on Libra.
This blockchain uses the proof-of-stake algorithmic mechanism to process transactions. This fact means that users must stake SUI, the blockchain’s native token, to become validators. This token, which currently has a market cap of $8.23 billion, can be purchased on several leading exchanges, including Coinbase, Binance, Bybit, and OKX.
Top Sui Projects
Turbos (Turbos.finance)
Launched in 2022, Turbos is a decentralized exchange that employs a concentrated liquidity market maker model. This model, combined with Sui’s central limit order book service, ensures that traders get the best prices for tokens they wish to trade.
Users who do not wish to participate in trading can become liquidity providers on Turbos, enabling them to earn a portion of the collected trading fees.
Turbos’ success since its creation has attracted numerous investors, including crypto trading company Jump and Web3 firm Mysten Labs.
Wave (Waveonsui.com)
Wave entered the market in 2024. The Telegram-based app provides users with access to hundreds of decentralized applications, including play-2-earn (P2E) games.
Its founder, Dante Hiromi, initially launched it as a crypto wallet, allowing users to manage their Sui-based assets. However, in mid-2024, Wave added more functionalities to enable customers to explore earning opportunities in the Sui ecosystem.
Cetus (Cetus.zone)
Cetus has been offering its crypto services since 2023. The top decentralized exchange, which started operating on the Aptos blockchain before expanding to Sui, adopts the concentrated liquidity model.
Interestingly, Cetus allows token creators to create multiple pools for their tokens. Each pool attracts a different trading fee, which ranges between 0.01% and 1%. Furthermore, the exchange supports various trading strategies, including limit, swap, and range orders.
FanTV (Fantv.world)
Crypto-powered social media platforms have become popular over the past few years. One of the fast-rising projects is FanTV on Sui. Launched in 2024, FanTV enables creators to earn by simply sharing their content on the social media platform. The more viewers on your content, the higher your rewards.
Moreover, users who are uninterested in uploading content can earn by engaging in multiple activities, including playing P2E games on FanTV.
Suilend (Suilend.fi)
Are you looking to borrow a crypto loan? Well, we have good news for you! You can get financed within minutes on Suilend, a Sui-based lending protocol created in 2024. Additionally, if you want to earn passively, this platform lets you lend your digital assets in exchange for interest.
Besides serving as a lending DApp, Suilend functions as a decentralized exchange, allowing users to swap supported tokens. Also, it has a bridge feature, which facilitates the transfer of crypto assets from one blockchain to another.
In addition, Suilend partners with SpringSui, a top liquid staking protocol, to allow users to explore investment opportunities.
DeepBook (DeepBook.tech)
Established in 2023, DeepBook is a top liquidity provider in the Sui ecosystem. Funds deposited by users in this protocol facilitate seamless trades on Sui-based wallets and decentralized apps. Liquidity providers on DeepBook earn a percentage of the generated revenue.
Conclusion
As you can see, many of the leading projects on Sui are decentralized finance protocols. This fact suggests that Sui has the necessary technology to disrupt the traditional financial sphere. For instance, Suilend is capitalizing on Sui’s advanced technology to offer quick loans to users without the involvement of intermediaries.
However, most of these projects are relatively young, so whether they will still be around in the coming years remains to be seen.
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- Introducing the EF Silviculture Society, a New Collective of External Advisors Dedicated to Protecting Ethereum's Foundational Values
- Mar 01, 2025 at 03:45 am
- The Ethereum Foundation (EF) has launched the EF Silviculture Society, a collective of external advisors dedicated to protecting Ethereum's foundational values.
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