According to reports from OurNetwork, despite the sluggish market, active users of Sui DeFi rose by 200% in the first quarter of 2025; the supply of Sui stablecoin increased by 75% from 400 million to over 700 million; the staking protocol Walrus, which holds 90% market share on Sui, distributed over 200 million WAL to the community, but out of 1.25 billion in circulation, 1.01 billion have been staked.
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Sui Decentralized Finance active users rose 200% in Q1 2025
According to reports from OurNetwork, despite the sluggish market, active users of Sui DeFi rose by 200% in the first quarter of 2025; the supply of Sui stablecoin increased by 75% from 400 million to over 700 million; the staking protocol Walrus, which holds 90% market share on Sui, distributed over 200 million WAL to the community, but out of 1.25 billion in circulation, 1.01 billion have been staked.