OKX Ventures leads the first native one-stop liquidity protocol on Sui, NAVI Protocol

ChainCatcher news, OKX Ventures announced that it will lead the investment in NAVI Protocol, the first native one-stop liquidity protocol on Sui. It allows users to lend and borrow different assets on the Sui network while providing innovative features such as liquid staking and leveraged vaults, offering users efficient, secure, and convenient financial services. The advantage of NAVI Protocol lies in its utilization of Sui's high performance, low cost, and multi-thread optimization, providing users with a smooth user experience and optimized capital efficiency. It also employs multiple security mechanisms, such as health coefficients, isolation modes, supply limits, and reliable oracles, to ensure the safety of users' funds.

Dora, the founder of OKX Ventures, stated, "We are very honored to co-lead the investment in NAVI Protocol. NAVI Protocol demonstrates its ability to leverage the immense potential of the SUI ecosystem in the DeFi space and serves as an important infrastructure framework in the rapidly rising decentralized finance world. Since its successful deployment on the Sui mainnet 8 months ago, NAVI Protocol has proven its stability and efficiency, consistently maintaining a leading position in TVL rankings and contributing significantly to the growth and expansion of the Sui ecosystem. Based on Sui's parallel capabilities and the asset-oriented programming features of the Move language, we remain optimistic about the potential for complex applications in its ecosystem, such as derivatives, NFTs, gaming, and AI. In this regard, NAVI Protocol will continue to contribute as a DeFi infrastructure to the Sui ecosystem, promoting the composability and prosperity of DeFi within the Sui ecosystem."