探索 SUI 生態系統：關鍵項目和 Meme 幣指南

自9月以來，市場有兩個主要焦點。首先是meme幣領域的不斷迭代與更新

Author: WOO X Research

作者：WOO X 研究

Background

背景

Since September, the market has had two main focal points. The first is the continuous iteration and updates in the meme coin sector, with lowercase Neiro launching on Binance and continuing to rise; the little hippo MOODENG has surged on Solana and Ethereum. Meme coins continue to create a wealth effect.

自9月以來，市場有兩個主要焦點。首先是meme幣領域的不斷迭代更新，小寫Neiro上線幣安並持續上漲；小河馬 MOODENG 在 Solana 和以太坊上飆升。模因幣繼續創造財富效應。

The second focal point is SUI, which emerged as a Layer 1 at the end of the previous cycle. Its token distribution method differs from the aforementioned meme coins that emphasize fair asset issuance, making it a typical VC Token criticized in this cycle.

第二個焦點是 SUI，它在上一個週期結束時作為 Layer 1 出現。其代幣分配方式與前述強調資產公平發行的meme幣不同，是本輪週期中被詬病的典型VC Token。

However, SUI has recently shown strong price performance, rising from $0.76 at the beginning of September to a peak of $2.16, approaching its historical high of $2.18, marking an increase of about 185% in just one and a half months.

不過，SUI近期表現強勁，從9月初的0.76美元上漲至高峰2.16美元，逼近2.18美元的歷史高位，短短一個半月內漲幅約185%。

This SUI speculation was initiated by institutions, telling a narrative of replacing Solana. The influx of funds into the public chain benefits not only the coin price but also the TVL, ecological projects, and even memes.

這個SUI猜測是由機構發起的，講述了一個取代Solana的故事。資金湧入公鏈不僅有利於幣價，還有TVL、生態項目，甚至是meme。

What projects/tokens within SUI should be focused on? Let WOO X Research take you on a journey to explore.

SUI 中的哪些項目/代幣應該專注？讓WOO X Research帶您踏上探索之旅。

Cetus

鯨魚座

The largest DEX in the Sui ecosystem, it adopts a concentrated liquidity protocol similar to Uniswap V3. Its products include DEX, liquidity pools, gun pools, yield vaults, and a Launchpad, integrating the central limit order book DeepBook and the Wormhole cross-chain bridge.

Sui生態中最大的DEX，採用類似Uniswap V3的集中流動性協定。其產品包括DEX、流動性池、槍池、收益金庫和Launchpad，整合中央限價訂單簿DeepBook和Wormhole跨鏈橋。

In terms of Launchpad, it provides an IDO launch platform for Sui ecosystem projects, allowing holders of xCETUS to participate. Previous rounds for CETUS, SUIA, and NAVX were all oversubscribed, which is an important factor for Cetus's leading position in the DEX space.

Launchpad方面，為Sui生態計畫提供IDO啟動平台，讓xCETUS持有者參與。 CETUS、SUIA和NAVX的前幾輪都獲得超額認購，這是Cetus在DEX領域保持領先地位的重要因素。

Currently, the platform's locked value exceeds $200 million, making it the fourth largest on SUI, with an 83% growth over the past month.

目前，該平台的鎖定價值超過 2 億美元，成為 SUI 上第四大平台，過去一個月成長了 83%。

The token $Cetus has risen 180% in price over the past 30 days, currently priced at about $0.17, just a step away from its historical high of $0.186. Its current market cap is $54.52 million, ranking 638 on Coingecko.

過去 30 天，代幣 $Cetus 的價格上漲了 180%，目前價格約為 0.17 美元，距離歷史高點 0.186 美元僅一步之遙。目前其市值為5,452萬美元，在Coingecko上排名第638位。

NAVI

導航

The first native one-stop liquidity protocol on Sui, similar to Aave, providing lending services. It currently supports assets such as Sui, vSui, NAVX, USDT, USDC, CETUS, and WETH. The deposit interest rate for stablecoins is about 7%, while for SUI it is 4%.

Sui上第一個原生的一站式流動性協議，類似Aave，提供借貸服務。目前支援Sui、vSui、NAVX、USDT、USDC、CETUS、WETH等資產。穩定幣的存款利率約為 7%，而 SUI 的存款利率為 4%。

It is also the top project in terms of locked value on SUI, growing 52% in one month, reaching as high as $500 million.

它也是 SUI 鎖定金額最高的項目，一個月內成長 52%，高達 5 億美元。

However, the token price performance has not been as impressive as the product. During SUI's surge, the token $NAVI increased by over 150% in 30 days, but it is still more than 100% away from its historical high, unlike SUI and Cetus, which are challenging their previous highs.

然而，代幣的價格表現並沒有產品那麼令人印象深刻。在SUI暴漲期間，代幣$NAVI在30天內上漲了150%以上，但距離歷史高點仍有100%以上的差距，不像SUI和Cetus正在挑戰之前的高點。

The current token price is about $0.15, with a historical high of $0.357, and a current market cap of $36.62 million.

目前代幣價格約0.15美元，歷史高點為0.357美元，目前市值為3,662萬美元。

Scallop

扇貝

A lending protocol on Sui, it completed a strategic financing of $3 million in March this year, led by CMS Holdings and 6th Man Ventures, with other investors including Mysten Labs (the parent company of SUI), the aforementioned Cetus, well-known NFT whale dingaling, and prominent Chinese KOL 0xSun as angel investors.

Sui 的借貸協議，今年 3 月完成了 300 萬美元的策略融資，由 CMS Holdings 和 6th Man Ventures 領投，其他投資者包括 Mysten Labs（SUI 母公司）、前述 Cetus、知名 NFT鯨魚丁加林和著名中國KOL 0xSun作為天使投資人。

At the end of April, it announced a strategic financing from DWF Labs, which will act as Scallop's main liquidity provider on various centralized exchanges and will also support over-the-counter (OTC) trading.

4月底，宣布獲得DWF Labs的策略性融資，DWF Labs將作為Scallop在各個中心化交易所的主要流動性提供者，同時也將支援場外交易（OTC）交易。

The token $SCA has seen a gradual decline since its launch, with a slight recovery in the past month, rising by 52%, but still not matching the gains of SUI and the aforementioned tokens.

代幣$SCA自推出以來逐漸下跌，近一個月略有回升，上漲了52%，但仍無法與SUI和上述代幣的漲幅相符。

The $SCA token price is about $0.376, with a historical high of $1.28, and a current market cap of $20.34 million.

$SCA代幣價格約0.376美元，歷史高點為1.28美元，目前市值為2,034萬美元。

The following introduces meme coins on SUI.

下面介紹SUI上的meme幣。

HIPPO

河馬

The conceptual prototype is the Thai internet celebrity hippo "Bouncing Pig" MOODENG. The concept of this meme coin first emerged on the Solana chain, where the small hippo reached a market cap of $330 million. Recently, the hippo on Ethereum surged due to donating tokens to Vitalik, who chose to burn them, driving a tenfold increase in just four days.

概念原型是泰國網紅河馬「彈跳豬」MOODENG。這種表情幣的概念首先出現在 Solana 鏈上，小河馬的市值達到了 3.3 億美元。最近，以太坊上的河馬因向 Vitalik 捐贈代幣而暴漲，而 Vitalik 選擇銷毀代幣，在短短四天內推動了十倍的成長。

HIPPO is the little hippo on SUI, currently priced at about $0.0148, with a historical

HIPPO是SUI上的小河馬，目前售價約0.0148美元，具有歷史紀錄