Another interesting data point that caught my eye today is how @MMTFinance quietly supercharged the @SuiNetwork DEX landscape.
For months, Suiâs DEX TVL hovered steadily between $200M and $600M â until September 26th, when it suddenly spiked to $800M before cooling to around $673M.
Hereâs the kicker: @MMTFinance alone accounts for 67.6% of that total, standing out as the only DEX on Sui with over $100M in TVL.
While a large part of this liquidity rotated from other protocols, itâs not just reshuffling â stablecoin deposits on Sui have doubled since the last lows, signaling fresh capital flowing in.
But beyond the numbers, whatâs truly fascinating is how MMT reached this point.
Through a string of thoughtful partnerships â from @buidlpadâs HODL and UGC campaigns to the WAGMI drive and even an integration with @KaitoAI â MMT managed to onboard a diverse mix of users: liquid stakers, content creators, and liquidity providers alike.
Itâs a clever blend of community, incentives, and narrative and itâs setting the tone for what could be their most pivotal growth phase yet.
Keep your eyes peeled, Iâll be sharing a dashboard soon that breaks all this down visually.


Some interesting data points on @MMTFinance â
âą In the last 2 months, TVL surged by 200% dominated by USDC (41%) and USDT (17%) deposits.
âą Has one of the most active pools on Sui netwok with the SUI/USDC pool sitting pretty well on top with 3.89X more volume that Cetus.
âą Stands out as the top protocol on Sui ranked by fees ($100K+ in the last 24 hours).
âą Still has some of the best liquidity pools to deposit idle liquidity (here focus more on fees per pool than APY). For example, SUI-USDC generates over 80% of fees which pushed APY to 158%.
An interesting thing to look for is boosted pool and deposit early (that's how to win the ve3,3 game)
Expect a DeFillamma full dashboard soon



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