探索 SUI 生态系统：关键项目和 Meme 币指南

自9月份以来，市场有两个主要焦点。首先是meme币领域的不断迭代和更新

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月份以来，市场有两个主要焦点。首先是meme币领域的不断迭代更新，小写Neiro上线币安并持续上涨；小河马 MOODENG 在 Solana 和以太坊上飙升。模因币继续创造财富效应。

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.

第二个焦点是 SUI，它在上一个周期结束时作为 Layer 1 出现。其代币分配方式与前述强调资产公平发行的meme币不同，是本轮周期中被诟病的典型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.

不过，SUI近期表现强劲，从9月初的0.76美元上涨至峰值2.16美元，逼近2.18美元的历史高位，短短一个半月内涨幅约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.

这个SUI猜测是由机构发起的，讲述了一个取代Solana的故事。资金涌入公链不仅有利于币价，还有TVL、生态项目，甚至meme。

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

SUI 中的哪些项目/代币应该重点关注？让WOO X Research带您踏上探索之旅。

Cetus

鲸鱼座

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生态中最大的DEX，采用类似于Uniswap V3的集中流动性协议。其产品包括DEX、流动性池、枪池、收益金库和Launchpad，集成中央限价订单簿DeepBook和Wormhole跨链桥。

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，为Sui生态项目提供IDO启动平台，让xCETUS持有者参与。 CETUS、SUIA和NAVX的前几轮均获得超额认购，这是Cetus在DEX领域保持领先地位的重要因素。

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，该平台的锁定价值超过 2 亿美元，成为 SUI 上第四大平台，过去一个月增长了 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.

过去 30 天，代币 $Cetus 的价格上涨了 180%，目前价格约为 0.17 美元，距离历史高点 0.186 美元仅一步之遥。目前其市值为5452万美元，在Coingecko上排名第638位。

NAVI

导航

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上第一个原生的一站式流动性协议，类似于Aave，提供借贷服务。目前支持Sui、vSui、NAVX、USDT、USDC、CETUS、WETH等资产。稳定币的存款利率约为 7%，而 SUI 的存款利率为 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 锁定金额最高的项目，一个月内增长 52%，高达 5 亿美元。

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，代币的价格表现并没有产品那么令人印象深刻。在SUI暴涨期间，代币$NAVI在30天内上涨了150%以上，但距离历史高点仍有100%以上的差距，不像SUI和Cetus正在挑战之前的高点。

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

目前代币价格约为0.15美元，历史高位为0.357美元，当前市值为3662万美元。

Scallop

扇贝

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 的借贷协议，今年 3 月完成了 300 万美元的战略融资，由 CMS Holdings 和 6th Man Ventures 领投，其他投资者包括 Mysten Labs（SUI 母公司）、前述 Cetus、知名 NFT鲸鱼丁加林和著名中国KOL 0xSun作为天使投资人。

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，其宣布获得DWF Labs的战略融资，DWF Labs将作为Scallop在各个中心化交易所的主要流动性提供者，同时还将支持场外交易（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.

代币$SCA自推出以来逐渐下跌，近一个月略有回升，上涨了52%，但仍无法与SUI和上述代币的涨幅相匹配。

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代币价格约为0.376美元，历史高点为1.28美元，当前市值为2034万美元。

The following introduces meme coins on SUI.

下面介绍SUI上的meme币。

HIPPO

河马

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.

概念原型是泰国网红河马“弹跳猪”MOODENG。这种表情币的概念首先出现在 Solana 链上，小河马的市值达到了 3.3 亿美元。最近，以太坊上的河马因向 Vitalik 捐赠代币而暴涨，但 Vitalik 选择销毁代币，在短短四天内推动了十倍的增长。

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

HIPPO是SUI上的小河马，目前售价约为0.0148美元，具有历史记录