Sui Draws $310M from Ethereum, Dominates DeFi

Layer 1 Blockchain Sui Attracts $310 Million in Assets from Ethereum in Massive Influx

Layer 1 blockchain and smart contract platform Sui has been making waves in the decentralized finance (DeFi) space, as it attracts a notable inflow of assets. In the past month, a staggering $310 million has flowed from Ethereum to Sui, accounting for over 64% of the nearly $500 million in bridged assets through the Wormhole Portal. This influx has solidified Sui's position as a prominent hub for these funds.