OKX Ventures initiates the "SUI Ecosystem" discussion, with multiple core projects set to intensify their development

Recently, OKX Ventures successfully held a Twitter Space event themed "The Future and Impact of the SUI Ecosystem," aimed at exploring the development potential, technological innovation, and industry applications of the SUI ecosystem. The discussion gathered several core participants from the SUI ecosystem, including representatives from SuiNetwork, Navi Protocol, Cetus Protocol, and Haedal Protocol. Four senior guests from the SUI ecosystem were invited to the discussion:

Cyn, Head of APAC Ecosystem at SuiNetwork

Tony, Chinese Ambassador of Navi Protocol

Pika, Growth Lead at Cetus Protocol

Luke, Co-founder of Haedal Protocol

Cyn, Head of APAC Ecosystem at SuiNetwork: Global Expansion and Technical Foundation of SUI

Cyn detailed SuiNetwork's development strategy in the Asia-Pacific region during the discussion and shared how the SUI network brings more possibilities to the blockchain industry through technological innovation. She pointed out that the SUI network significantly enhances developer productivity, especially in dApp development and smart contract deployment, thanks to its unique programming language, Move. The security and flexibility of Move make the SUI network one of the preferred platforms for developers worldwide.

Cyn further emphasized that the global expansion plan of the SUI network is particularly crucial. By deeply cultivating the Asia-Pacific market, SuiNetwork has rapidly promoted the development of the developer community and the prosperity of the dApp ecosystem in the region. In the future, the SUI ecosystem will further accelerate its expansion globally and attract more developers and projects to join, providing momentum for the growth of the ecosystem.

Tony, Chinese Ambassador of Navi Protocol: The Future of Liquidity Staking Derivatives (LSDeFi)

Tony's speech focused on the latest developments in the DeFi field, especially the application prospects of LSDeFi (Liquidity Staking Derivatives). He introduced how Navi Protocol leverages the advantages of liquidity staking derivatives within the SUI network to drive innovative development in the DeFi market. By allowing users to participate in other financial activities while staking assets, Navi significantly enhances asset liquidity and provides users with more earning opportunities.

Tony also revealed that Navi Protocol will continue to strengthen its deep cooperation with the SUI network while promoting the concept of decentralized finance within the Chinese-speaking community. They plan to launch more localized educational resources to help users better understand and participate in Navi and its LSDeFi model.

Pika, Growth Lead at Cetus Protocol: Creating Efficient Liquidity for the SUI Ecosystem

As the Growth Lead at Cetus Protocol, Pika elaborated on how Cetus promotes the development of the SUI DeFi ecosystem by providing efficient liquidity solutions. As an important component of decentralized exchanges (DEX), Cetus is committed to offering users a low-cost and high-efficiency trading experience.

He also pointed out that Cetus's next operational focus is to transform it into a "super intent gateway," which automatically matches the optimal trading paths and outcomes based on users' trading goals. Cetus has already aggregated all the AMM pools, order books, LSTs, yield products, and even future private pools and customized pools across the entire ecosystem, automatically submitting the best feedback results for users. Cetus's role in the SUI ecosystem is not limited to being a trading platform; it will also develop into the liquidity core of the entire SUI network, supporting more projects.

Luke, Co-founder of Haedal Protocol: Innovations in Composability and Security

As a co-founder of Haedal Protocol, Luke analyzed the advantages of the SUI network from a technical perspective, focusing on security, composability, and future application scenarios. He introduced how Haedal maximizes on-chain value and capital efficiency through liquidity staking derivatives, providing a more secure and flexible infrastructure for decentralized finance projects. Luke pointed out that Haedal will continuously optimize its protocol to ensure it maintains a technological lead in the rapidly evolving blockchain ecosystem.

Additionally, Luke shared Haedal's future plans, stating that Haedal is building a series of derivative products around its LSD facilities. He believes that the SUI network, as a highly scalable blockchain platform, can provide developers with more innovative space, facilitating smoother collaboration between different projects.

Future Outlook of the SUI Ecosystem: Innovation and Collaboration

During the interactive session of this Twitter Space, all four guests expressed optimism about the future development of the SUI ecosystem. They believe that as the SUI network continues to expand globally and further leverage its technological advantages, the SUI ecosystem will attract more developers and projects, especially showing great potential in the fields of DeFi, NFTs, and on-chain gaming.

Cyn pointed out that the technological foundation and innovative advantages of the SUI network, particularly the application of the Move programming language, will be crucial factors driving the rapid development of the SUI ecosystem. Tony and Pika also emphasized the necessity of ecosystem collaboration, believing that the future success of the SUI ecosystem will rely on the close cooperation of developers, users, and the community. Luke added that projects like Haedal will strive to provide a more secure infrastructure for the ecosystem, ensuring seamless integration and collaboration among different applications.

OKX Ventures: Optimistic About the SUI Ecosystem and Will Continue to Invest in Ecosystem Development Projects

OKX Ventures is an early supporter of the SUI ecosystem, having invested in representative projects such as Navi Protocol and Cetus Protocol, witnessing the vigorous development of the Sui Network ecosystem and the continuous rise of on-chain interaction data.

SUI significantly enhances transaction speed and throughput through technologies like parallel transaction processing, providing an ideal foundation for complex applications. At the same time, SUI fully leverages the advantages of Move technology, showcasing the ecosystem's strong potential. The Move language is a resource-oriented programming language that ensures resources cannot be copied or implicitly destroyed, only moved between storage locations, thereby enhancing developer productivity and increasing the security and flexibility of smart contracts and dApps, making SUI a favored platform for developers worldwide.

In this Twitter Space event, projects like Navi Protocol, Cetus Protocol, and Haedal Protocol actively promoted the further development of the SUI ecosystem. Navi Protocol enhances asset liquidity through liquidity staking derivatives (LSDeFi), Cetus Protocol focuses on efficient liquidity solutions, becoming the core of ecosystem liquidity, while Haedal Protocol is dedicated to building secure and flexible infrastructure. These projects not only enrich the functionality of the SUI ecosystem but also demonstrate the collaborative potential between different protocols, enhancing user experience.

OKX Ventures has consistently supported outstanding entrepreneurial teams within the SUI ecosystem, focusing on the potential of the SUI Network in globalized ecosystems such as DeFi, NFTs, and on-chain gaming. We are confident in the future development of SUI and will continue to increase our investment to promote its further growth.