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SUI’s Cross-Chain Bridging and $200K Rewards fuel up DeFi activity: Report

  • SUI's integration with Backpack allows for trading, lending, and cross-chain bridging in DeFi.
  • SUI's TVL has seen a 17% rise since early May, indicating continued capital inflows and growth in lending protocols.
  • SUI futures open interest has surged to $1.86B, showing increased trader confidence in its market potential.
  • The integration with Backpack has fueled up SUI's DeFi activity, offering $200k rewards to drive engagement.

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