OpenBlock Report: NAVI performed steadily in June 2024, with TVL remaining at 127M

According to Wu's report, the North American data research company OpenBlock has released a research report introducing the performance of the Sui DeFi protocol NAVI in June 2024.

Although Sui TVL decreased in June, NAVI's TVL denominated in USD was basically unaffected and remained at 127M by the end of June.

Compared with other lending protocols on Sui, NAVI had a smaller decline, with both the daily average supply and borrowing volume of several NAVI asset pools increasing.