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HyperSui, the first perpetual decentralized exchange (DEX) on the Sui Network, has successfully raised $2 million in its pre-sale. This funding round marks a significant step for HyperSui as it aims to enhance the Sui Network's DeFi ecosystem, which currently boasts a total value locked (TVL) exceeding $2 billion and a daily transaction volume of 5.5 million.The platform is set to launch its mainnet in the fourth quarter of 2025, with ambitious plans to increase Sui's DeFi TVL to $3 billion by the end of the year. This development underscores the growing momentum within the Sui Network's DeFi landscape.

SUI+1.36%

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