Sui blockchain, operating on Delegated Proof-of-Stake consensus, has gained traction in the DeFi space with its secure transactions, user-friendly interface, low gas fees, and fast transaction speed. Its DEX volume surged by 49% in March, reaching over $2.88 billion, while its total locked value surpassed $700 million with a 1900% increase since October 2023. DeepBook, a key contributor to Sui’s growth, facilitated over $940 million in trades with its low transaction fees and rapid transactions.
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