xBTC Campaign Mid-Point Check One month into the campaign, NAVI continues to lead the BTCFi narrative on Sui and momentum is strong across the ecosystem. Here’s where we stand⤵️
2/ Market leadership & On-Chain Performance NAVI holds a dominant 70%+ share of the xBTC market on Sui, positioning it as the leading lending protocol for BTC assets in the ecosystem. xBTC TVL on NAVI hit $40M, backed by 330+ xBTC deposited. This makes up 18% of NAVI’s total BTC TVL ($217.29M), showing solid traction from BTC users
3/ Over $110K in NAVX incentives already claimed by users. NAVI users are earning by supplying xBTC and borrowing USDC, SUI Do not miss this opportunity:
3/ Over $110K in NAVX incentives already claimed by users. NAVI users are earning by supplying xBTC and borrowing USDC, SUI Do not miss this opportunity:
13,78K