OpenBlock Report: NAVI performed steadily in June 2024, with TVL remaining at 127M
According to Wu's report, the North American data research company OpenBlock has released a research report introducing the performance of the Sui DeFi protocol NAVI in June 2024.
Although Sui TVL decreased in June, NAVI's TVL denominated in USD was basically unaffected and remained at 127M by the end of June.
Compared with other lending protocols on Sui, NAVI had a smaller decline, with both the daily average supply and borrowing volume of several NAVI asset pools increasing.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Dollar: Modestly bearish path under gridlock – TD Securities
SK Hynix "throws cold water": says cooperation with Intel in the US is "not yet confirmed", Intel's pre-market gains narrow
Intel’s pre-market gains narrowed to around 3%. SK Hynix responded that “there is currently no final decision” regarding cooperation with the specific company mentioned in the reports or producing memory chips in the US. Previously, Reuters reported that SK Hynix was in talks to utilize Intel’s Ohio plant for manufacturing memory chips, with specific cooperation models still under discussion. Analysts noted that higher labor and construction costs in the US could also impact the economic viability of this partnership.
Chord Energy Agrees to Sell Gas Assets for $550 Million
Dollarama Fiscal Q2 Earnings Rise