Sui liquid staking market cap reached $100.55M with $378.21M total staked value; DEX volume consolidation shifted from Cetus dominance (~70% in 2024) to ~70% split across Cetus, Deepbook, and Bluefin.
DeFi & Yields ·
Sui's liquid staking sector has reached $100.55M in market cap, up 8.21% week-over-week, with total staked value climbing to $378.21M and holders growing to 72,541. The 152.34M SUI currently staked represents a 5.47% weekly increase, signaling sustained user engagement across multiple liquid staking token offerings. sSUI maintains the largest position by staked value and ecosystem integration, while vSUI, stSUI, and haSUI continue attracting capital and liquidity respectively.
The expansion of liquid staking is reshaping Sui's broader DeFi infrastructure. As these assets integrate across lending protocols, perpetual markets, stablecoins, and structured products, downstream effects are cascading through the ecosystem—lending TVL growth, improved DEX liquidity, reduced leverage costs, and heightened capital efficiency. Developers now have more composable building blocks for application development.
The competitive landscape has also shifted materially. Where a single venue captured roughly 70% of Sui's DEX volume throughout 2024, that concentration has fragmented to an approximate 70% share split among Cetus, Deepbook, and Bluefin. Whether this distribution reflects genuine product differentiation or temporary market dynamics remains to be established.