The Sui blockchain hasn't yet catapulted into bull-market talk. But its DeFi ecosystem is trending up, creating an opening for one of its biggest protocols.The Sui blockchain hasn't yet catapulted into the bull-run conversation. But its DeFi ecosystem is trending up and to the right, creating an opening for one of its biggest protocols to capitalize.
"It's the time to do it and make sure that we have capital to last for the next four years, if there's a long bear market," Rooter said. Suilend is the chain's second-largest DeFi protocol by total value locked, or TVL, as measured by DefiLlama, and its biggest lending protocol, with nearly $470 million of TVL. Its 30-day revenue of nearly $820,000 also places it among the chain's top earners.
But Rooter isn't concerned with Sui's current ranking against Solana. He's an evangelist for Sui's relative upsides that could eventually give it a greater capture of the market. For example, he's found that software developments can proceed "a few times faster" on Sui.