what's navi?
NAVI Protocol is a leading DeFi platform on the Sui blockchain, offering lending, borrowing, and liquid staking. It features Flash Loans, Leverage Vaults, and Isolation Mode for optimized trading and risk management. Acquiring Volo in 2024, it introduced vSUI and powers trading via Astros. With $750M peak TVL and 900K users, NAVI’s $NAVX token drives governance. Backed by OKX Ventures and others, it launched a 10M $NAVX Ecosystem Fund. In 2025, NAVI plans SDK releases and partnerships.
Navi's 2025 saw 232% YoY DEX volume growth to $409M daily, $6.01B stablecoin cap, and 200+ dApps.
contract
sui
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.