what's NAVI Protocol?
NAVI Protocol is a one-stop liquidity layer on the Sui blockchain, providing integrated lending, borrowing, liquid staking derivatives (LSDeFi), and liquidity management. It enables users to deploy assets efficiently across DeFi with features like real-time oracle feeds from Pyth Network for accurate pricing and liquidations, alongside composability with Sui ecosystem protocols such as Cetus DEX and Typus Finance. Security-focused with 24/7 monitoring, in-house risk frameworks, and partnerships for institutional-grade assets like Ondo Finance products and BTC wrappers (e.g., stBTC via Lorenzo), NAVI supports scalable operations on Sui's Move-based infrastructure. The protocol's design emphasizes capital efficiency, allowing seamless interactions for lending/borrowing while maintaining full asset composability.
Volo by NAVI Protocol achieved over $40 million in TVL.
Holds $169M in TVL as of February 13, 2026.
Supports eSui Dollar (dbUSDe) integration on day one alongside Cetus, Bluefin, and Scallop on DeepBook.
Integrated Ethena's suiUSDe synthetic dollar, enabling margin trading, lending, and leveraged DeFi workflows.
Volo by NAVI Protocol has reached over $40 million in TVL.
Achieved total stablecoin market cap of $6.01 billion as of late 2025.
Achieved 200+ total dApps as of late 2025.
Average daily DEX volume grew 232% year-over-year to reach $409 million in 2025.
Bitget delists NAVX/USDT trading pair on December 12, 2025 at 10:00 UTC.
Navi protocol integrates xBTC, a Bitcoin-backed asset, expanding beyond stablecoins to support borrowing, LP, leverage, and farming functions.
Protocol powers Astros, a lending-driven perpetuals DEX and aggregator on Sui Network.
Protocol releases Traffic Heatmap product as its first active revenue source out of five planned revenue streams.
USDC utilization rates approach 100% on the protocol, preventing users from withdrawing their deposited funds.
Protocol integrates Google account-based embedded wallets powered by Dynamic, enabling instant access to DeFi without traditional wallet setup.
Protocol adds Elixir's deUSD stablecoin integration, expanding stablecoin offerings alongside other Sui protocols including Suilend, AlphaLend, and Bluefin.
Protocol reaches 1.5M downloads, showing continued user growth from the 1M milestone achieved in August.
YBTC.B integration goes live, expanding BTC liquidity options through BitlayerLabs partnership.
$MBTC token launches on protocol, expanding BTCfi presence on Sui Network.
Protocol reaches 1 million downloads milestone, currently valued at $12M market cap.
New wBTC Vault launches on Sui blockchain in partnership with Volo, enabling one-click Bitcoin yield generation.
New AI traffic heatmap product launches publicly next week, built on 3B+ data points and 14TB of real-world data.
Protocol offers 7-10% APR on major stablecoins, with enhanced 12% APR available through USDY integration.
New $2.5M USD reward program launches in partnership with OKX and MMTFinance for BTCfi implementation.
Protocol integrates Tomo social login, enabling wallet-free access to DeFi services.
Protocol powers city councils and AVs with 30M+ camera network; receives EU backing for Drive2Earn 2.0 program.
OKX launches xBTC on Sui with protocol integration, enabling BTC-backed lending and DeFi liquidity.
New reward program offers $12K through Backpack Wallet integration.
Protocol reaches $534M TVL with 200% quarterly growth, ranking #2 in Sui ecosystem for lending volume.
Protocol achieves #1 BTC TVL position while offering lowest trading fees (0.01%) among SUI alpha projects, with active Binance ecosystem integration.
Major wallet Backpack integrates protocol for trading and lending; launches $200K reward campaign.
34.2% TVL growth over 30 days, ranking 6th among top Sui projects during market turbulence.
Arbitrage bot generating $200k+ in profits between multiple DEXs is now open-sourced but unmaintained due to engineering resource constraints and increasing competition.
Highlighted for having real-time driving data infrastructure.
Experiencing significant price movement, with physical product launch for mileage tracking. Compared to GMT 2.0 with cars focus.
Focuses on RWA + AI + DePIN with consistent updates being released.