NAVX Price today

NNAVI Protocol is the first native one-stop liquidity protocol on the Sui blockchain. NAVI Protocol users can provide liquidity to earn passive income or borrow assets using collateral. The protocol leverages shared liquidity pools and advanced features such as automatic leverage vaults to enhance capital efficiency and reduce risk.

According to DefiLlama, Navi Protocol is one of the leading projects on the Sui blockchain, with a total value locked (TVL) of $345.55 million. Navi Protocol successfully raised $2 million in a funding round led by OKX Ventures, Hashed Fund, and dao5. The round also saw participation from several prominent funds, including Arche Fund, ViaBTC Capital, and Mechanism Capital.

NAVX is a native coin of the NAVI Protocol ecosystem, operating on Sui and can be used to:

• Token holders can vote on essential protocol decisions, such as interest rates, new assets and other vital changes that will shape the platform’s future.
• NAVX also incentivizes liquidity providers, and offers staking rewards to encourage active participation.

Specifications

• Name: NAVI Protocol
• Symbol: NAVX
• Platform: Sui
• Type: Utility, Governance
• Smart Contract Address: 0xa99b8952d4f7d947ea77fe0ecdcc9e5fc0bcab2841d6e2a5aa00c3044e5544b5::navx::NAVX
• Total supply: 1,000,000,000 NAVX