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Sui Foundation released its Q2 2025 DeFi report, showing that its ecosystem TVL reached a peak of $2.555 billion on May 21 and stabilized at over $2 billion in the later part of the quarter, with a year-on-year increase of 30.54% in trading volume. BTCfi launches sBTC and xBTC assets in the field, and 21Shares' SUI ETF in institutional investment is approaching NASDAQ listing. In addition, protocols such as Momentum and Suilend have performed outstandingly, driving the continuous expansion of the ecosystem.