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šDeFi Strategy on Sui
Assets: USDC, SUI
Network: Sui
APY: 20ā100+%
Wallet: Sui Wallet
Sui is a strong Layer 1 with an active ecosystem, regularly rewarding users for liquidity. We're using this for DeFi yield.
š«°Participation Options:
ā” Suilend
Stake SUI on SpringSui (get sSUI), use sSUI as collateral (~5%), borrow SUI (~1.5%)
Repeat 5ā7x for ~20% APY + Suilend points (Season 2)
We borrow via OKX (avg APR: 2.92%)
Not ideal short-term (0.3% fee)
Loop shortcut: borrow 3x your amount, do 1 loop, return 2/3 to OKX
Works while sSUI bonus active
ā” Bluefin
Provide liquidity in:
SUI/USDC (Long-in ~3.7, range 1.9ā5.5): ~70% last month, ~219% YTD
Expect extra gains from SUI price rise
ā” Cetus
Works like Bluefin, but lower yields and rating, so we prefer Bluefin
šBridging USDC: Use Orbiter, 1,000 USDC limit per transfer.
We buy SUI with all USDC, move to Sui, then swap part back to USDC on Bluefin/Cetus.
āļøThis is a high-risk strategy. Despite research and strong ratings, always DYOR. 0 reply
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