Sui Network integrated SBTC, a Bitcoin assured asset from Stacksto strengthen his role in Bitcoin Defi. The SUI Foundation will also operate a validator on the stacks network. One wants to become the first address of the institutional Bitcoin Defi infrastructure. The Sui-tvl 50% has increased because the acceptance of the network and liquidity increase.
The SBTC integration is intended to bring native Bitcoin liquidity into its high-performance defi system. SBTC, that of stacks in December 2024 was launchedis a 1: 1 Bitcoin-understated asset that was developed for interaction with smart contracts.
Die Integration From SBTC means that the capital, slumbering in Bitcoin in the amount of $ 1.6 trillion can now be used via Defi protocols based on SUI. Adeniyi Abiodun, founder of Mysten Labs, said that this will release Bitcoin’s potential beyond passive storage.
The participation of institutional investors is increasing because the Sui Network is becoming increasingly known in both the European and in the US market. On April 30, 21Shares submitted an application to the US IPO supervisory authority to lay on a SUI ETF after Canary Capital and CBOE BZX had previously applied. The ETF will offer direct access to SUI token, since the demand for regulated digital assets increases.
As CNF reported, the existing ETPs of 21shares and Vaneck have recorded tributaries of $ 72 million this year alone. Together they now manage $ 400 million of SUI-based assets. The partnership between 21 shares and SUI will produce joint products and research work and strive for an expansion in the USA. Duncan Moir, President of 21shares, said that he was convinced of the performance and acceptance of the SUI network.
sBTC is coming soon on Sui!
Holders of the 1:1 programmable Bitcoin asset can earn yield, lend, and trade their BTC via sBTC, bridging two worlds into one.
With @Stacks‘ sBTC, the Sui ecosystem has even more ways to tap into the $2T in BTC liquidity for DeFi — fast,… pic.twitter.com/u6qcpTG2vX
— Sui (@SuiNetwork) May 1, 2025
Further support for this growth are partnerships with Babylon, Cubist and Lombard Finance to expand the BTCFI ecosystem from SUI. Satlayer, a Bitcoin reuptake platform, has also joined the network to improve the BTC liquidity and the resumption functionality.
Q4 2025 Playtron will launch “Game Dollar”, a programmable StableCoin in the SUI network for use in the game, subscriptions and rewards. It is integrated with the Playtron Gameos and the Suiplay0x1 handheld console. In contrast to conventional stable coins, Game Dollar will support programmability at the application level so that developers can adapt incentives and monetization models.
According to on-chain data, almost 29 % of the Ethereum drains bridged over Wormhole to SUI last year. Wormhole is recently A partnership with Mercado Bitcoin received to further improve access.
Sui Network is among the top 10 according to TVL and the top 6 after monthly Dex volume. The technical data show that Sui Network broke the decisive resistance and headed for an all -time high of $ 5.35.
Bitcoin Defi has grown massively since 2024, with $ 6.5 billion TVL in BTCFI protocols until January 2025. Defill the sector of $ 307 million grew by 2000% in early 2024. Of this, 80 % of this accounted for Babylon, which corresponds to the prediction of Cardano founder Charles Hoskinson about Bitcoin’s dominance in Defi.
Sui’s entry into this booming sector takes place at the right time. The TVL in the network rose by 50 % to $ 1.8 billion last month. Over 10% of them are now Bitcoin and assets derived from it. In addition, Sui achieved an all-time high of $ 888 million on StableCoin inflows on May 1st.
The introduction of SBTC becomes more accessible, since Bitcoin owners no longer have to rely on centralized storage. SBTC uses the Smart Contract capabilities of the Stack Layer-2 network and enables seamless transitions between the basic and extended Bitcoin network. Bitgo, which now supports SBTC, reported that withdrawals between the layers will be possible by the end of April 2025.
Bitgo has processed a volume of over $ 3 trillion and $ 48 billion on assets used. With SBTC, Defi is now also made accessible to institutional Bitcoin owners. The token has a Smart Contract Governance and a validator-supported final, so that it matches the trustless principles of Bitcoin.
Stacks founder Muneneeb Ali described sbtc as “the safest, decentralized way” to make Bitcoin productive. He said that SUIS defi activity makes it the perfect partner for these efforts.
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