SUI Ecological Project and Token Performance Analysis

Recently, the market has focused on two aspects: the continued popularity of meme tokens and the strong performance of the SUI public chain. As a typical project in this cycle, SUI has performed well recently, with the price of the coin rising from $0.76 in early September to $2.16, an increase of about 185%, approaching an all-time high.

This wave of SUI rally was driven by institutions and focused on replacing Solana's narrative. The infusion of funds not only pushed up the price of SUI, but also drove up the total locked volume, project performance, and related meme tokens within the ecosystem.

Important Projects in the SUI Ecosystem

Cetus

As the largest decentralized exchange in the SUI ecosystem, Cetus uses a centralized liquidity protocol similar to Uniswap V3. Its product lines include DEXs, liquidity pools, machine gun pools, yield vaults, and Launchpads. The platform also integrates the central limit order book DeepBook and cross-chain bridge functionality.

Cetus' Launchpad provides an IDO platform for ecosystem projects, and xCETUS holders can participate. Past CETUS, SUIA, NAVX and other project issuances have been oversubscribed, cementing Cetus' leading position.

Currently, Cetus has over $200 million in total lock-ups, ranking fourth in the SUI ecosystem, with an 83% increase in the past month. Its token is up 180% in $Cetus 30 days and is currently trading at around $0.17, close to its all-time high of $0.186. The current market capitalization is $54.52 million, ranking 638th in Coingecko.

! [Solana Killer Narrative Works?] List of popular ecosystem projects in SUI](https://img-cdn.gateio.im/webp-social/moments-7d1d406ad1eb0a3cd27313dcf236dd77.webp)

NAVI

NAVI is the first native one-stop liquidity protocol in the SUI ecosystem, providing Aave-like lending services. Assets such as Sui, vSui, NAVX, USDT, USDC, CETUS, WETH and other assets are currently supported, with an annualized interest rate of about 7% for stablecoin deposits and 4% for SUI.

As the largest lock-up project in the SUI ecosystem, NAVI has grown by 52% in the past month, with a total lock-up of $500 million. However, its token has not performed as well as its products. Although $NAVI is up more than 150% in 30 days, it is still far from its all-time high.

The current $NAVI price is around $0.15, with an all-time high of $0.357 and a current market cap of $36.62 million.

! [Solana Killer Narrative Works?] List of popular ecosystem projects in SUI](https://img-cdn.gateio.im/webp-social/moments-b6e381bc1513b0ae3a2b710d75df8f98.webp)

Scallop

Scallop is another lending protocol in the SUI ecosystem. In March, the project closed a $3 million strategic funding round with investors including CMS Holdings, 6th Man Ventures, Mysten Labs (SUI's parent company), and others. At the end of April, Scallop received a strategic investment from DWF Labs, which will become its primary liquidity provider and support over-the-counter trading.

After a period of decline after its launch, the $SCA token has recently recovered, rising 52% in a month, but not as much as SUI and other eco tokens. The current $SCA price is around $0.376, with an all-time high of $1.28 and a current market capitalization of $20.34 million.

! [Solana Killer Narrative Works?] List of popular SUI ecological projects](https://img-cdn.gateio.im/webp-social/moments-d1baf1a98bdd31179b76828956328bbb.webp)

SUI Eco Meme Token

HIPPO

HIPPO IS A "LITTLE HIPPO" TOKEN ON THE SUI CHAIN, INSPIRED BY MOODENG, THE HIPPOPOTAMUS OF THAILAND. Tokens of a similar concept have performed well on both Solana and Ethereum. The current HIPPO price is around $0.0148, close to the all-time high of $0.01848, and the market capitalization is $148 million, up 17% in seven days.

! [Solana Killer Narrative Works?] List of popular SUI ecological projects](https://img-cdn.gateio.im/webp-social/moments-7941d95a7b8242e4aeaee9252258fdd6.webp)

AAA

The image of the AAA token is a black cat, derived from the meme pack on the Sui Name Service. This is one of the few non-marine creature-themed meme coins in the SUI ecosystem, and the community has compared it to the well-known Popcat on Solana. The current price of AAA is around $0.0019 and its all-time high is $0.00253, up 293% in the last seven days, with a market cap of about $19 million.

! [Solana Killer Narrative Works?] List of popular SUI ecological projects](https://img-cdn.gateio.im/webp-social/moments-576333234484b6200a54d7557b6167de.webp)

BLUB

The image of BLUB is a fish with a Pepe face, which was once the most popular meme coin in the SUI ecosystem, until the emergence of HIPPO. Interestingly, the issuance date of BLUB (September 1) is close to the time when SUI started to rise. It grew from an initial market value of $3.5 million to a peak of $48 million, achieving an 11-fold increase.

The current BLUB price is around $0.0000123 and an all-time high of $0.0000161, down 9.8% in the last seven days, with a current market capitalization of about $40 million.

! [Solana Killer Narrative Works?] List of popular ecosystem projects in SUI](https://img-cdn.gateio.im/webp-social/moments-3f38299ae3396d8f97d5366ab68e7e18.webp)