Sui TVL ranks among the top ten in the entire chain, comprehensively explaining how Sui’s native functions promote the flourishing development of DeFi

according toDefiLlama data showsOn January 28, Sui TVL exceeded 402 million US dollars, ranking among allBlockchainTop 10 TVL!

Sui's innovative application native functions pave the way for DeFi applications and provide users with a good experience. Each native function, from facilitating efficient shared liquidity to simplifying user interactions, plays a vital role in shaping Sui DeFi.

Examining the core of these native features one by one reveals their significant impact on DeFi applications. When considered collectively, their unique ability to enhance user participation and experience within the Sui DeFi space becomes even more apparent.

DeepBook

DeepBookIt is an important component of Sui DeFi, a protocol designed for efficient shared liquidity between multiple applications. As a central limit order book (CLOB), DeepBook systematically records the quotes of buyers and sellers in chronological order, autonomously identifies the matches between the two, and achieves smooth transaction execution.Sui's high performance, applications can use DeepBook to execute transactions with low latency and high throughput. As a native protocol within the Sui ecosystem, DeepBook seamlessly provides DeFi applications with access to a large amount of liquidity through simple integration, easily meeting the needs of market and limit orders.

DeepBook efficiently stores unfulfilled orders in a pool and deletes them after they are successfully matched with the corresponding orders. DeepBook makes it possible to create liquidity pools for any asset pair in a permissionless manner. As the first native liquidity layer on Sui, it fully utilizes Sui's powerful network layer and unique data model, thereby simplifying the process of developing DeFi applications within the Sui ecosystem.

zkLogin

zkLoginFor new users to exploreBlockchainSolutions to app onboarding challenges. Lack of a streamlined onboarding process often creates a barrier for first-time users.BlockchainThis creates barriers for users of the application, resulting in a large number of entry losses. In contrast, zkLogin enables users toUse their existing Web2 login credentials to securely create accounts and conduct transactions, which simplifies the process.

zkLogin provides developers with the flexibility to provide an invisible abstraction for users to interact with the blockchain.wallet，或为用户访问其链上资产提供更简单的途径。它与现有的账户类型（如助记词和硬件钱包）无缝集成，根据用户的偏好，迎合初学者和专家。这种多功能性提高了DeFi应用在Sui生态内的可访问性和用户友好性。

As an important part of Sui,zkLogin empowers application builders to provide the best user experience, catering to individuals who prefer to use Web2 login. zkLogin improves accessibility and usability, promoting a more inclusive environment among users using DeFi applications within the Sui ecosystem.

Sponsorship Deals

Sui introducedSponsorship DealsTo solve the challenges around blockchain gas fees. Requiring new users to pay fees using the native token of the underlying blockchain will cause unnecessary user friction. For users who are not familiar with blockchain applications, they may give up immediately.

Sponsored Transactions remove the entry barriers associated with gas fees, allowing applications toXiaobai NavigationSponsored transactions on Sui provide granular control over gas fee sponsorship, providing application developers with unique incentives to increase user engagement and reduce friction for first-time blockchain users. While placing the responsibility for gas fees on applications rather than users may seem like an unlikely business model, this provides builders with flexibility in determining the revenue model that works best for them.

Programmable transaction blocks

Programmable transaction blocksProgrammable Transaction Blocks (PTBs), a native feature of Sui, provides unique possibilities for composability and greatly simplifies the interaction between end users and the blockchain. Unlike the traditional approach that requires submitting multiple transactions to perform simple operations, PTBs make it possible to bundle, sign, and submit a series of complex transactions in a unified process. Each command is executed sequentially, allowing the results of one command to be used in subsequent commands, ensuring a coordinated and atomic process. If one command fails, the entire block fails.

PTBs significantly improve the experience of application developers and end users, simplifying and consolidating complex transactions. This capability allows the creation and execution of unique DeFi strategies involving multiple applications and interactions within a single transaction block. As a powerful tool, PTBs contribute to a seamless and user-friendly blockchain experience, providing a streamlined approach to simplifying interactions in Sui's DeFi ecosystem.

Kiosk

SuiKioskNative functionality enables users to maintain full control of their assets while listing them for sale. When selling items such as NFTs, users are often required to give up certain rights associated with ownership. For example, an NFT owner may want to retain access to functionality associated with ownership while listing their assets for sale. Kiosk not only facilitates the transfer of digital asset ownership, but also enables creators to define specific policies for asset types. This includes customized trading features such as auctions, providing a versatile solution for users seeking to seamlessly interact and trade their assets.

Essentially, Kiosk is a simple and highly customizable tool for building and participating in business applications on the blockchain. Similar to a real-world Kiosk that is owned by a single owner and has designated space for various items, Kiosk simplifies the process of trading unique assets. Whether for individuals or large markets, Kiosk provides a one-stop solution, eliminating the need for additional layers or third-party services that are typically required on traditional networks and some other blockchains.

Improving DeFi experience

A deeper dive into Sui’s native app functionality reveals how DeFi apps on Sui can provide a powerful user experience. Apps can leverage DeepBook to gain instant access to deep liquidity and a variety of trading features. zkLogin and sponsored transactions remove important blockchain adoption barriers such as wallets and gas fees. PTBs provide powerful composability while simplifying user interactions. Finally, the self-service desk provides a unique approach to digital asset trading with powerful accessibility features.

Sui's development is driven by a vision to provide the best experience for both end users and developers. Sui's development focus on empowering app builders through Sui native features is critical to achieving this vision. Stay tuned for upcoming improvements and new Sui native features throughout the year. These are exciting times for Sui builders!

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