Atlas Naviの‌価格NAVI

Navi's perpetual contract platform Astros surpasses 80,000 users, with a total trading volume of 1 billion US dollars

Navi's perpetual contract platform Astros surpasses 80,000 users, with a total trading volume of 1 billion USD.

NAVI Protocol is pleased to announce its participation in SuiBasecamp. Co-founder Elliscope will attend the conference and deliver a keynote speech.

Haedal (HASUI), a liquid staking protocol that allows users to stake their assets on the Sui blockchain, has experienced impressive growth over the past month. On-chain metrics show that Haedal’s daily active wallets and TVL have surpassed its major rivals (DeFi protocols) on the Sui network. Haedal’s DAWs Flips Wave Utility on the Haedal network has risen recently. According to today’s data, as posted in X, Haedal has jumped into third place among all DApps on the Sui network in terms of the number of daily active wallets (DAWs). 🎊 It’s fabulous! Today, #Haedal jumped to the 3rd place among all dApps on Sui by DAW (daily active wallet) and 1st place in DeFi. Thank you to our incredible community. It’s Haedal’s showtime! 🦦🦦 pic.twitter.com/ADg2RYey2r — Haedal🦦 (@HaedalProtocol) March 7, 2025 Haedal is ranked the third position with 44,162 daily active wallets. It is behind Sui, which has 63,828 daily active wallets and Record, which currently controls 89,192 DAWs. As per the data, Haedal stands above Wave. The surge in trading activity indicates that Haedal is attracting an increasing customer base, and more crypto users are showing interest in interacting with its ecosystem. Data from DefiLlama also shows that Haedal is the fourth largest DeFi protocol on the Sui network in terms of TVL. Its TVL currently stands at $159.48 million, behind Cetus AMM’s $173.07 million, Navi protocol’s $350.06 million, and Suilend protocol’s $408.87 million. Haedal price updates HASUI is making an impressive market resurgence following substantial price decreases over the past month. The asset had witnessed a price decline of 21.5% and 19.8% over the past month and two weeks ago respectively. However, the asset recently experienced a breakout from the downtrend. Its price has been up 7.6% and 4.2% over the past seven days and 24 hours ago respectively. While the wider digital asset market has been going through an increased volatility, Haedal’s recovery indicates that there could be unique factors supporting its remarkable performance. The major factors responsible for this uptrend lie in the increased activity in its ecosystem. The key factor that triggered Haedal’s ongoing price recovery is the notable rise in activity on its liquid staking ecosystem. The data above shows that the number of monthly active addresses has increased and remains stable, showing positive investor sentiment toward the platform. This shift signifies a wider trend toward DeFi applications, as more investors are looking for more control of their assets and trading activities. Metrics above indicate that Haedal’s DeFi ecosystem is seeing a rapid growth, indicated by the increase in TVL on its platform. This rise shows increased confidence in Haedal’s innovative offerings and future potential. The growth in daily active addresses and TVL on Haedal’s suggest increased numbers of users are participating in the decentralized staking platform, which could contribute to the continued price upward movement for HASUI. As more users interact with Haedal’s platform, the crypto asset could experience sustained demand and uptrend.

Ondo Finance has launched a campaign on Sui’s NAVI Protocol to drive adoption of its yield-bearing stablecoin USDY. Ondo Finance (ONDO) has launched a new campaign in collaboration with NAVI Protocol, aiming to encourage more people to use its stablecoin USDY, a tokenized US Treasury yield coin by Ondo Finance. Running from Feb. 26 to March 12, the initiative offers participants a chance to earn rewards by supplying liquidity for USD (depositing it into NAVI Protocol). Participants earn points based on their liquidity contributions, making them eligible for a share of the rewards, which will be paid in NAVX and USDY. The campaign has a total reward pool of $35,000. The top 100 participants will share $10,000, while an additional $25,000 will be distributed among 2,500 more winners. USDY is a special type of stablecoin created by Ondo Finance that earns daily interest. Unlike regular stablecoins like Tether (USDT) or USD Coin (USDC), which just hold their value, USDY is backed by US Treasury bills and bank deposits. Because it’s backed by yield-generating assets, it automatically generates yield for its holders. This effectively makes USDY an on-chain alternative to holding cash in a savings bank account or investing in money market funds. Since USDY earns yield without requiring staking or locking, it’s becoming an attractive stablecoin alternative in DeFi as it allows users to earn yield without taking on crypto volatility risks. Since it operates on the blockchain, it can also be used in DeFi for lending and borrowing. You might also like: US leadership in crypto: The focus is on stablecoins | Opinion USDY was first introduced on the Sui blockchain in March 2024. Later, it was expanded to other networks, launching on the Cosmos ecosystem via Noble in July 2024, the Aptos blockchain in Dec. 2024, and Arbitrum (ARB) in August 2024. Earlier in Feb., USDY also launched on the Stellar (XLM) network in the coming months. Apart from NAVI Protocol, several other protocols on Sui, namely Aftermath Finance, Cetus, Typus Finance, Bucket Protocol, Turbos, and KriyaDEX, have integrated USDY. Among other DeFi platforms, USDY was integrated on BounceBit and Injective (INJ), offering users seamless exposure to USDY’s yields. Drift Protocol enabled users to use USDY as collateral for perpetual trading on Solana (SOL). According to Coinmarketcap, as of Feb. 26, USDY has a market capitalization of around $382 million. You might also like: US leadership in crypto: The focus is on stablecoins | Opinion