$SUI

Uses of SUI in the ecosystem

🔹 1. Decentralized Finance (DeFi)

The ecosystem hosts protocols like Cetus (DEX), Turbos Finance, and Suilend, with total value locked exceeding 2 billion dollars by January 2025.

It supports fast processing and low cost, attracting users and developers to DeFi on-chain.

🔹 2. Gaming (GameFi) and Dynamic NFTs

Sui is used in popular games like Cosmocadia, Rushdown Revolt, and BIRDS, integrating real-time changing NFTs that evolve with in-game interaction.

The object-centric model enables updating digital assets without burning and minting them again, making it very suitable for game development and digital collectibles.

🔹 3. Social Blogging and SocialFi

Applications like Suia.io, Read2N, and Peeranha operate in the SocialFi space, allowing users to interact constructively on-chain and form real digital communities.

🔹 4. Digital Identities and Environmental Blockchains

zkLogin and .sui name interface facilitate easy setup of digital identity and decentralized account creation.

Projects like AGSpeedy employ Sui to verify the authenticity of products and second-hand items via NFT authentication.