Lorenzo Protocol Ecosystem Roundup — March 2025

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Medium2025/04/18 10:51

By:Lorenzo Protocol

Welcome to the March edition of our ecosystem roundup! This is your quick, monthly update on all key happenings across the Lorenzo Protocol ecosystem.

Let’s explore what’s new!

Lorenzo Hits $600M In TVL

Lorenzo Protocol Ecosystem Roundup — March 2025 image 0

We’ve officially crossed a major milestone — Lorenzo has now exceeded $600 million in Total Value Locked, with our latest all-time high reaching $637M, according to DeFiLlama.

This achievement is a testament to the trust our community has placed in us — and the momentum is only building.

Track our growth in real-time: Lorenzo on DeFiLlama

We’re just getting started. Let’s keep climbing!

enzoBTC and stBTC Go Live On Hemi Mainnet

We were excited to support our friends and partners at Hemi for their mainnet launch, with our enzoBTC and stBTC tokens going live on the chain for day 1 of launch.

Please note: The contracts are live, but functionality for the tokens are still to come. Stay tuned for future updates on activating your liquidity with Hemi!

Quietly Building

For team Lorenzo, March has been a month of quiet, intense work across all divisions.

We’re targeting significant expansion, new milestones, and exciting launches.

To everyone supporting us in the Lorenzo Nation, we thank you.

Final preparations are underway…

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

The Sui ecosystem has performed exceptionally well over the past six months, driven by a positive flywheel effect built on DeFi incentives, ecosystem partnerships, and support for high-quality projects. This cycle — subsidizing staking participation, boosting TVL and liquidity, empowering new projects with exposure and expanding its user base — has propelled Sui to the forefront. Currently, the market is speculating on a potential SUI ETF launch and anticipating another TVL milestone for the ecosystem. Recently launched Sui-based tokens, such as DEEP and WAL, have already been listed on Korea's leading exchange Upbit, demonstrating the strong backing and resources of the Sui Foundation. Additionally, an upcoming token unlock worth over $250 million has drawn further market attention. While large unlocks can trigger price concerns, as seen with Solana, SOL remains resilient, and many investors are optimistic about SUI's long-term price action. A post-unlock pullback could present an attractive entry point.

Bitget VIP•2025/05/02 04:24