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What is $NAVX listed on Binance Alpha? @navi_protocol
$NAVX is the native token of @navi_protocol, with its Total Value Locked (TVL) already exceeding $500 million, accumulating over 900,000 users, and lending protocol revenue surpassing $5 million, making it the second-largest protocol in the @SuiNetwork ecosystem 💥
In the @CetusProtocol incident, @navi_protocol quickly responded by reducing the supply cap and suspending lending to protect liquidity, subsequently recovering over 30% of its TVL, demonstrating a restoration of user trust
What recent updates does the team have, and what is @astros_ag? 👀 Let's take a look

NAVI Protocol
@navi_protocol
05-28
NAVI Update 🆙
Read about NAVI's role and steps taken in the wake of the Cetus hack.
http://bit.ly/4jpJa9x
Tl;DR Below 👇

@navi_protocol Three major products
🔹 Navi Lending (Lending): The first lending protocol on the @SuiNetwork chain, currently supporting more than 20 assets.
app.naviprotocol.io/market
🔹 Volo LST (Liquidity Staking): Liquidity staking module, supports $SUI staking and $vSUI minting, $vSUI sustainable staking income, and can be used for other DeFi transactions, lending and other scenarios.
volosui.com/stake
🔹 Astros Aggregator (Transaction Aggregator): Integrate liquidity from multiple other DEXs, calculate the best transaction path and execute it when the user places an order.
📌 As of the latest data on June 11, 2025, the total transaction volume of Astros has exceeded 10 billion US dollars, the total number of transactions has reached 1.4 million times, the number of users has reached 125,000, and Gas Sponsor has saved users 9.9K $SUI in fees, with a value of more than 30,000 US dollars
Product page 🔗 app.naviprotocol.io

@navi_protocol on-chain data
The following data is taken from @DefiLlama:
🟢 TVL: One of the most important data for DeFi protocols. As can be seen in the figure (green line), it just hit a new high a while ago. It is currently about 500 million US dollars, ranking second in the @SuiNetwork ecosystem
🟠 Revenue: From the figure (orange part), it can be seen that the revenue continues to increase. As TVL increases, the revenue also increases. According to the official digital protocol, the cumulative revenue has exceeded 5 million US dollars
🟢 Coin price: light green line, although TVL and revenue have both risen recently, it has not yet been reflected in the coin price 👀

@navi_protocol is not just the top two DeFi protocols on @SuiNetwork, and now through their three major products covering key DeFi applications, they are gradually becoming the "one-stop liquidity center" in the @SuiNetwork ecosystem.
📘 Article reading: What is NAVX listed on Binance Alpha? Introduction to Sui lending leader Navi Protocol
bit.ly/navi-intro

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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