Recently, I rediscovered the SUI ecosystem and unexpectedly found a very early project with a TVL that grew by 1172.53% in one month, currently reaching $5.45 million. Such explosive growth usually indicates backing from institutional capital or large liquidity inflows.

I looked into the project's revenue structure, and liquidity providers for the SUI-USDC trading pair are currently earning approximately 11% annualized yield. This is still somewhat attractive for DeFi users engaged in stablecoin pair trading—especially in the current low-interest-rate environment.

Early-stage ecosystem projects often have significant growth potential, but the risks are also considerable. Rapid increases in TVL may indicate high market enthusiasm, but it's equally important to pay attention to the project's actual use cases and long-term sustainability. Users interested in DeFi yields can keep an eye on opportunities in such emerging liquidity pools, but it is recommended to conduct thorough risk assessments before participating.