US EditionBluefin TVL Surges to Nearly $200M After Launching Lending Platform
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Bluefin TVL Surges to Nearly $200M After Launching Lending Platform
Bluefin, a decentralized trading hub on the Sui blockchain, experienced a rapid increase in its total value locked (TVL), nearly doubling within a week, according to DefiLlama. The spot and derivatives exchange platform is at a record $198.2 million, becoming the third-largest protocol on Sui. The increase in liquidity inflow may be partially caused by the dramatic collapse of Cetus, which suffered a major hack over a week ago, leading to a 75% …
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