SuiChain DEX aggregator inventory: a must-have for flushing earth dogs and brushing interactions

Original author: Alex Liu, Foresight News

The Memecoin super cycle narrative is becoming popular. Sui, as the L1 public chain that has been at the forefront of the storm recently, has also produced many golden dogs - OG Meme Pug FUD, which has risen 5 times from the bottom, Sui Chain Hippo Hippo, whose market value once exceeded Ethereum moodeng, the emerging dirty fish Blub, and the cat-themed meme on Sui Roaring Little Black Cat AAA...

Where is the best price for buying local dog on Sui? How to interact with the chain at the same time? What are the potential airdrop opportunities?

Hop Aggregator

Hop claims to be the fastest transaction aggregator on Sui, and its overall user experience is indeed relatively superior. Its router can split a transaction into small transactions (hops) with the best prices among major DEXs. If you don’t want to make the effort to compare, you should give priority to exchanging on Hop, where the prices are basically the best.

The Fun module in the upper right navigation bar represents the Meme token platform hop.fun that Hop will launch in the future. The current development progress is unknown, but it should be completed at a high level. After all, the project party began to announce Soon at the end of May this year.

Sui on DEX pattern

Lets analyze the paths of the two transactions on Hop. Hop believes that at the current transaction amount, the exchange rates for USDC - SUI and wUSDC - USDC on CETUS are optimal, the exchange rate for SUI - AAA on BLUEMOVE is optimal, and the exchange rate for AAA - wUSDC on Turbos is optimal.

This basically reflects the current competitive landscape of DEX on Sui. Cetus is the DEX with the highest TVL on Sui and has the best liquidity on mainstream currency pairs such as USDC-SUI and wUSDC-USDC.

Sui’s TVL ranking on DEX, data source: DeFiLlama

Turbos and Bluemove have better liquidity on Meme coins. Many major liquidity pools of Meme coins are deployed on Turbos, while Bluemove is backed by its own new product, Move Pump , a platform that issues Meme coins.

Meme coin AAA liquidity and trading volume distribution chart on DEX

Among other DEXs with higher TVL, Deepbook is a product of Suis official development company Mysten Labs. It is an on-chain order book exchange, which is quite different from other DEXs. DeepBook announced that it will launch the token DEEP on October 14, with a maximum supply of 10 billion and an initial circulation supply of 2.5 billion. The rest will be unlocked in the next 7 years. In addition to launching the token DEEP on October 14, the DeepBook V3 version will also be released at the same time. On the day of the token release, 101,968 holders of DBClaimNFT will be able to claim their token allocation through the claim website; for users participating in the V3 version testing phase, DeepBook will analyze their quality and timely contributions, and will provide another claim website within a few weeks after the token release for users to check eligibility and claim rewards.

If you are eligible to claim the DEEP token airdrop, you will see a banner prompt when you open Sui Wallet officially developed by Sui.

Sui Another DEX worth mentioning separately is Aftermath .

Aftermath

Aftermath is the second largest DEX in terms of TVL on Sui (but about half of its TVL comes from the LST product afSUI). It is also an aggregator, and it calls itself an aggregator among aggregators. It will compare the quotes of multiple aggregators and select the best execution.

However, Hops API blocks Aftermaths calls, and Aftermath sometimes loads web pages very slowly and its RPC is unstable, so the overall experience is not as good as Hop.

The advantage of Aftermath is that it is not just an aggregator, it can liquidate SUI to become afSUI and provide income options. If it issues a coin, the imagination space of the token will be greater than that of a simple aggregator.

Yield in Aftermath Farm

Providing SUI - afSUI liquidity and staking it in the farm can earn you up to 12% of the SUI standard. Exchanging and providing liquidity with Aftermath also has the opportunity to receive token airdrops in the future.

Aftermath also launched an NFT series - Egg, which currently has no capabilities, but the official said Buy eggs and prepare for the future of Aftermath

The current floor price of Egg on Tradeport is 105 SUI. Its whitelist mint price is 20 SUI and the public selling price is 40 SUI.