Walrus & 2 Sui Ecosystem Gems That Could Explode in Dec 2025

Look at this ugly chart. It’s Bitcoin over the last month. And it’s down 22%. When markets cool down and go negative, it’s more important than ever to search for builders. Projects and ecosystems building products people need and want.

And one of the most consistent builders of the last few years has been Sui. And as per our TA expert, Sui could pump up to 97%. Check out this video. When liquidity flows in, Sui ecosystem gems will pump too. So today, we look at Walrus and 2 more top Sui ecosystem projects and see how much they have built despite these ugly market conditions.

Walrus ($WAL)

Walrus is one of our favorites in the Sui Ecosystem. They do decentralized storage on a big scale for low costs and high security.

And Walrus has been busy. As we noted in a recent article, they’ve been amping up the partnerships as well as making appearances at places like DevConnect to let everyone know what they are up to.

Their Hackathon, in particular, was so big that it had to have 4 different tracks to include:

1. Provable Authenticity
2. AI and Data
3. And more.
   

Walrus itself says it enables data markets for the AI era. And what that means to us is something simpler but important. We already gave away all our data for free to Facebook, Instagram, Google, and other social media. And if we don’t watch ourselves, we will do it again with OpenAI, Anthropic, and Google Gemini for AI. That’s why decentralized AI is so important.

AI models and datasets they use for analysis or for testing and training can be huge. You can’t just store them anywhere. The current ChatGPT models train on 10 exabyte datasets. An exabyte is 1 BILLION Gigabytes. So take your typical MacBook Air that has 16 or 24 GB. You don’t need me to do the math for you on how much bigger 1 billion is.

So AI models need special storage solutions for their datasets. And that’s whether it’s OpenAI training its models OR a wrapper or other company using the model as the basis for a business like a Sales AI Agent. Both need to store the model and the training data AND have good user access controls. Thanks to Seal, Walrus has both.

Talus Partnership

The Talus Labs partnership further reinforces what Walrus can do and why AI projects need it. As an AI infrastructure network for AI Agents, Talus is using Walrus for native data access. This lets agents run quickly and efficiently but with access to all the data they need from the model or the dataset or both. It’s like having both all the data you need and a super efficiently filing system that lets you get everything you need right when you need it.

And a reminder, Walrus isn’t just for decentralized AI. It’s decentralized infrastructure. We got another reminder recently of why that’s important with the Cloudflare outage last week. It makes sense to use decentralized infrastructure if you can and if it works. It takes away single points of failure like what happened last week.

You may have a website you want to stay up and online, even in a war zone. OR an NFT collection that has fans in an area with economic sanctions. Or maybe you just don’t want to give all your storage budget to Google and Amazon anymore.

Well, Walrus is here and it is crushing on decentralized storage. It’s a key part of the Sui Stack. And like most of the market, it’s down now. But Sui has a lot behind Walrus, and we are confident in its recovery and future growth, if you have the patience to hold longer term.

Suilend ($SEND)

With Suilend ($SEND) we’re moving deep into Sui’s DeFi ecosystem. It’s currently the protocol with highest TVL on Sui. That’s $295 million. As the name says, it’s a lending and borrowing platform. The protocol built on Sui, because it offers very low fees and high throughput. This gives $SEND a meaningful base in an ecosystem optimized for performance.

However, Suilend has more to offer than only lending. For example, 

• One of the best swap UI’s on Sui.
• Looping strategies. This is borrowing against your deposit. Then you redeposit to borrow more. By repeating this ‘loop’ you boost leverage and yield.
• A $SEND buyback program.
• STEAMM. This is a Superfluid AMM. It’s a swap-platform that also re-uses idle funds to earn extra yield via lending.
• Liquid staking with $sSUI or SpringSui. With liquid staking, you stake tokens and receive a tradable token in return. You can use this ‘liquid token’ in DeFi. This allows you to earn rewards without locking your funds.
  

So, you can use the protocol and interact with it in different ways. Suilend also has a user-friendly risk-management design. It uses isolated lending pools for higher-risk assets. This helps contain systemic risk while still enabling innovation. In turn, this makes it more resilient in the Sui ecosystem. For example, during the October 10th liquidation crash, Suilend performed without any hiccups. Everything functioned as expected.

Real Yield

Suilend also offers real yield. Deposit interest on Suilend comes directly from onchain borrowing activity. There are no external fund managers or shady backroom deals. This is all fully transparent on Sui.

Its $SEND token has governance rights. So, as a holder, you can vote on changes in the protocol. The current $SEND price is 21 cents with a $12.6 million market cap. It’s up 8.4% on the day. Like most altcoins, $SEND suffers from the current situation. However, this also looks like a great entry point in to the top Sui DeFi protocol.

Bluefin ($BLUE)

With Bluefin (BLUE) we stay firmly in Sui’s DeFi ecosystem. It ranks 4th in DeFiLlama’s TVL list for Sui. Bluefin calls itself a decentralized everything exchange. So, that should give you an idea of what to expect on this platform. However, it’s best known as Sui’s leading perp DEX. 

One of the features that sets it apart is its fast-trading experience. It’s like trading on a CEX. For instance, Bluefin claims sub-second settlement.

Bluefin launched on Arbitrum in early 2023. However, in September 2023 it launched its V2 version and migrated to Sui. Sui offered very low latency and high throughput for on-chain trading. Latency is the delay between submitting a transaction and its final confirmation on the network. In January 2024 Bluefin closed on Arbitrum.

So, here some of the features that Bluefin offers.

• A swap interface.
• Its perps DEX.
• Lending and borrowing.
• Liquidity pools with some juicy APRs. For example, the $DEEP-$SUI pool currently offers a 24-hour APR of 369%. 
• Vaults offering from 1% APY to 53.9% APY in the Walrus vault.

This shows that Bluefin is not a niche app. Instead, it aims to be a full-stack trading and financial hub on Sui. It also offers a hybrid order-book and on-chain settlement model. This allows for the speed and flexibility of centralized exchange trading. At the same time, it maintains the security and transparency of on-chain settlement.

Institutional Backing

Bluefin also has strong institutional backing. Major investors, include Polychain, Wintermute, and SIG. Many Sui ecosystem projects are still in an early-stage phase. In contrast, Bluefin already has a larger institutional footprint.

The $BLUE token offers real utility. You can use it for governance or to rewards for providing liquidity and trading. Bluefin also has a buyback program. The current $BLUE price is 4.7 cents, and it’s up by 7.3% on the day. Its market cap is $15.5 million. Last week, $BLUE launched on the Kraken exchange.

So, what is your favorite Sui protocol? One of the three that I mentioned today, or a different one? Let me know in the comments.

Disclaimer

The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment and informational purposes only. Any information or strategies are thoughts and opinions relevant to accepted levels of risk tolerance of the writer/reviewers, and their risk tolerance may be different from yours.

We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments, so please do your due diligence. This article has been sponsored by Walrus.

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