BlockBeats News, May 8th, the Sui mainnet has officially achieved interoperable connection through the Axelar (AXL) cross-chain interoperability network. Asset issuers can seamlessly deploy native assets to the Sui network using Axelar's secure cross-chain token service (Interchain Token Service, ITS), providing users with a chain-agnostic interaction experience.
This integration comes as the on-chain DeFi activity on the Sui network has surged, with over 1.4 million daily active addresses driving over $11 billion in trading volume in the past 30 days.
Currently, several flagship projects in the Sui ecosystem, including Aftermath, AlphaFi, and Bluefin, have started leveraging Axelar's cross-chain capabilities, propelling Sui to become a DeFi infrastructure with global liquidity.
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