In the past year and a half, projects built on the Sui mainnet have brought a record number of users to Sui, the most innovative and high-performance blockchain ecosystem. Users are flocking to DeFi protocols that have seen early success on the network, while also exploring areas such as media services, NFT markets, and games.

As 2024 comes to an end, we're taking a look back at the most popular projects from Sui's first full calendar year. Some of these projects are launching with the Sui mainnet in 2023, while some have quickly become popular this year.

For each project, their builders learned how to program in the Move language and took advantage of features such as composable objects and kiosks. They use Sui’s unique innovations like zkLogin and sponsored transactions to make onboarding new users as easy as possible. Ultimately, their efforts were recognized by the Sui community and quickly adopted by users.

To select the most popular projects on Sui, we combine the two dimensions of community attention and data indicators. First, we compiled a list of the top 30 projects based on active accounts and activity volume. Next, we invited representative community ambassadors from Sui and asked them to select the projects from this list that they felt were most worthy of attention. We then conducted a poll on Discord to rank the projects.

Discord: https://discord.com/servers/sui-916379725201563759

Required Note that the account and transaction indicators are biased towards on-chain projects, and while some very popular games may use Sui for digital asset transactions, most activities rely on binary methods. Therefore, we wanted to provide a credible look at the projects that will be of most interest to the community in 2024.

Walrus

Mysten Labs engineers, also the original contributors of Sui, proposed A new decentralized storage platform, Walrus, was launched on the development network and test network respectively this year. Although Walrus is aCompletely independent platform, but builders use Sui as the orchestration layer for assets stored on Walrus. Current activity on Sui is related to the Walrus NFT, showing high interest in this new platform.

Learn more: https://www.walrus.xyz/zh

Sui Name Service

As the basic platform that makes Sui easy to use, Sui Name Service converts complex blockchain addresses into human-readable addresses prefixed with the @ symbol. name. This format makes the name more familiar, easy to remember, and similar to social media usernames. Compared to domain names in the Web2 world, Sui names not only serve as personal identifiers, but also support subnames, making them suitable for complex organizational structures.

Learn more: https://suins.io/

DeepBook

Sui's first native liquidity layer, DeepBook, will be launched in 2023 to support the DeFi ecosystem. DeepBook supports the exchange of market orders and limit orders, providing convenient liquidity access for exchanges on Sui. As a decentralized public good, DeepBook is operated by the community and issues its own DEEP token.

? Learn more: https://deepbook.tech/

Cetus p>

Liquidity protocol Cetus was launched on Sui early and currently provides exchange functions with limit orders, as well as tools and services such as mining, liquidity pools and treasury. to a wide range of DeFi user groups. Its DeepBook interface provides ordinary users with a unique way to directly access Sui’s native liquidity layer. Its developer tools also support builders looking to integrate DeFi functionality into their projects.

Learn more: https://www.cetus.zone/

Suilend

The Suilend team started building on Sui in 2024 and quickly realized that Sui provided developers with Provides a superior development experience. Building on their experience with Solana, they launched their lending platform in March and achieved over $450 million in TVL growth in just eight months. In addition to lending, Suilend also provides exchange and cross-chain bridging services.

Learn more: https://suilend.fi/

NAVI

As one of Sui's early DeFi protocols, NAVI combines DEX aggregator, liquidity staking and lending functions. With $714 million in TVL and over 800,000 users, NAVI continues to innovate and deploy new features to maximize its user potential.

Learn more: https://naviprotocol.io/

Aftermath Finance p>

DeFi protocol Aftermath serves as an exchange meta aggregator service on Sui. When a user enters a trade, its technology analyzes the exchange rates provided by other aggregators and then finds the best one. Transaction path. Aftermath also offers liquidity staking through its afSUI token and offers various other mining benefits.

Learn more: https://aftermath.finance/

Scallop

Lending platform Scallop is another early Sui DeFi protocol, serving a wide range of users from novices to professional users. The platform allows users to stake SUI into a pool to earn interest, or participate in more complex lending strategies. In addition to lending, Scallop now also supports exchange functions and provides cross-chain bridge functions.

Learn more：https://scallop.io/

Turbos

Turbos is built on Sui A decentralized crypto market that provides two main functions: exchange and providing liquidity to other users. As an early DeFi project on Sui, the Turbos team brings a wealth of experience and ongoing development focused on making it as efficient as possible.

Learn more: https://turbos.finance/

Tradeport

NFT market Tradeport was launched on Sui and has accumulated rich experience through its success on chains such as Near and Base. Its interface makes it easy for even novice users to find and purchase NFTs. In addition to marketplace functionality, Tradeport also includes tools that let users mint their own NFTs and conduct more advanced development.

Learn more: https://www.tradeport.xyz/

For those who only pay attention to data indicators, we summarized the top 10 projects ranked by active accounts, excluding those public projects that have not yet reached the active standard. The indicator of active accounts has a high correlation with trading volume, so we choose to use the former to represent the number of users per project.

Wave Wallet

Wave Wallet combines wallet functions with games and uses Telegram as a platform , attracting a large number of active users on Sui. Users can play fun games and use their digital assets all on one interface. The company also leverages Telegram as a universal gaming platform.

Learn more: https://waveonsui.com/

BIRDS

BIRDS is another baseBased on Telegram's application, it gamifies DeFi and provides a continuous interactive experience in multiple stages. Players first hatch an egg and help it level up until it hatches. The next stage of the game is to feed the bird to make it stronger, faster and able to unlock more advanced game features.

Learn more: https://birds.dog/

FanTV

Video platform FanTV aims to disrupt services like YouTube and TikTok by compensating content creators more fairly. Launched in India, the app is currently gaining attention from the global audience and has been consistently ranked among the top 10 users for a long time.

Learn more: https://fantv.world/

Aylab

Aylab uses Web3 technology for advertising and has provided more than 120 million advertising impressions and more than 95 million transactions. As an advertising platform, Aylab helps other projects with user acquisition and marketing, becoming an important part of Sui's business support model, similar to Google's transformative role in traditional Internet advertising.

Learn more: https://aylab.io/

Fomo

Fomo is essentially a proof-of-work (PoW) memecoin based on Telegram that demonstrates high user interest. It appears to have been launched as a promotion and may be discontinued. However, its high transaction rate demonstrates how Sui can easily scale while maintaining stable fees.

Learn more: https://t.me/fomosuipow

Walrus p>

Mysten Labs engineers, also the original contributors of Sui, proposed a new decentralized storage platform Walrus, and will be launched on the development network and test network respectively this year. Although Walrus is a completely independent platform, builders use Sui as the orchestration layer for assets stored on Walrus. Current activity on Sui is related to the Walrus NFT, showing high interest in this new platform.

Learn more: https://www.walrus.xyz/zh

SuiLink

As a public tool, SuiLink promotes cross-chain interoperability by connecting a user's Sui account with an Ethereum or Solana account. The link proves identity via a soul-bound NFT. SuiLink provides opportunities for cross-chain rewards, priority features, and exclusive events.

Learn more: https://www.suilink.io/connect

NAVI

As one of Sui's early DeFi protocols, NAVI combines DEX aggregator, liquidity staking and lending functions. With $714 million in TVL and over 800,000 users, NAVI continues to innovate and deploy new features to maximize its user potential.

Learn more: https://naviprotocol.io/

Scallop

Lending platform Scallop is another early Sui DeFi protocol, serving a wide range of users from novices to professional users. The platform allows users to stake SUI into a pool to earn interest, or participate in more complex lending strategies. In addition to lending, Scallop now also supports exchange functions and provides cross-chain bridge functions.

Learn more: https://scallop.io/

Cetus

Liquidity Protocol Cetus was launched early on Sui and currently provides exchange functions with limit orders, as well as tools such as mining, liquidity pools, and treasury to serve a wide range of DeFi user groups. Its DeepBook interface provides ordinary users with a unique way to directly access Sui’s native liquidity layer. Its developer tools also support builders looking to integrate DeFi functionality into their projects.

Learn more: https://www.cetus.zone/

at Sui In its first full year, we’ve seen strong interest in foundational projects like Sui Name Service and DeFi protocols from users, who are often early adopters of the network. The GameFi project is also attracting attention, suggesting that new games coming later this year and next could be very successful.

We very much look forward to seeing more new projects coming to Sui in the coming year and leveraging its scalability to attract more and more users.

Note: This content is for general educational and informational purposes only and should not be construed or relied upon as a basis for buying, selling, or holding any asset, investment or an endorsement or recommendation of a financial product and does not constitute financial, legal or tax advice.