Sui is currently in the midst of a DeFi boom, with strong DEX trading volume and user activity, and has officially integrated with the cross-chain interoperability network Axelar. Through this integration, asset issuers can achieve cross-chain tokenization on the Layer-1 network Sui in a safer and simpler way, connecting the entire chain ecosystem.
Axelar has announced the completion of its integration with the Sui mainnet, further promoting global blockchain interoperability development. Sui, designed for large-scale applications as a high-performance chain, is working with Axelar to provide asset issuers with a smoother and more scalable deployment environment, making cross-chain operations easier and more efficient.
This integration comes at a time of heightened DeFi activity on the Sui chain: in the past 30 days, over 1.4 million daily active wallets facilitated more than $11 billion in DEX trading volume. Now, developers and project teams only need to deploy a smart contract in Axelar's Interchain Token Service (ITS) to quickly access the Sui network and enjoy the benefits brought by its growing liquidity and infrastructure.
In summary: "Connect once, access the entire chain, unleash infinite possibilities."
TLDR
· Axelar's developer toolkit includes features like the Interchain Token Service (ITS), ensuring a smooth and seamless user experience across multiple blockchains while providing secure and reliable cross-chain tokenization solutions.
· Sui optimizes user experience through its innovative parallel processing consensus mechanism, allowing users to interact more with applications rather than dealing with the blockchain, achieving new throughput highs and sub-second finality.
Christian Thompson, Managing Director of the Sui Foundation, stated: "Axelar's technology enables asset issuers to fully leverage Sui's industry-leading user experience and scalability, expanding into the entire crypto ecosystem. Sui and Axelar provide groundbreaking scalability solutions while ensuring top-notch security, and I look forward to this integration bringing more innovation to developers."
Chain Abstraction = "Web2" Style User Experience + Enterprise-Level Adoption
Internet users are accustomed to seamless experiences in applications that abstract the underlying infrastructure. In contrast, in today's multi-chain Web3 era, users often need to manually stitch together bridges, wallets, and gas tokens to smoothly use an application.
Axelar's Interchain Token Service (ITS) is designed to address this issue, helping asset issuers overcome fragmentation challenges. Axelar and Sui are committed to breaking down these barriers, allowing users to interact more with applications rather than focusing on the underlying blockchain technology.
Here is a practical case demonstrating how financial institutions can leverage Axelar ITS to build compliant products, connecting liquidity and access across different blockchains:
Through the Interchain Amplifier, institutions can easily connect to new private and compliant blockchains and communities, just like deploying a smart contract.
Through the Interchain Token Service (ITS), they can natively mint tokenized assets on these chains, maintaining consistent interchangeability and functionality.
With the integration of Sui and Axelar, institutions now have unlimited scalability, combining built-in compliance and auditing features, enterprise-level security, and simple user experience features (such as Sui's zkLogin to help guide user registration). Institutions can add these innovative features while avoiding complex usage barriers for customers.
Georgios Vlachos, Board Member of the Axelar Foundation and Co-Founder of the Axelar Protocol, stated: "Axelar provides faster connections for financial institutions and consensus innovators like Sui. Sui has made significant progress among institutions like Franklin Templeton, VanEck, and Grayscale; Axelar provides enterprise-grade secure connections for Deutsche Bank and JPMorgan's Kinexys. These institutions have recognized the powerful potential of interoperability and can offer compliant solutions at the Web3 liquidity and accessibility level."
Scalability = Next-Generation Consensus + Universal Interoperability
With the connection between Sui and Axelar, industry-leading performance and universal connectivity have finally merged—achieved only through Axelar. Sui has achieved sub-second finality through its Mysticeti protocol (powered by Bullshark, utilizing a novel decentralized acyclic graph (DAG) consensus mechanism) and has broken blockchain throughput records.
Without Axelar, such protocol-level innovations could become isolated, unable to fully integrate into the broader crypto ecosystem. Axelar simplifies smart contracts, abstracting the complexity of connecting advanced consensus mechanisms and issuing native cross-chain assets, making it all more achievable.
Sui + Axelar = Market Impact and Future Vision
Sui and Axelar's mainnet integration calls on developers to build unprecedented new applications for the Web3 era. Some developers have already begun planning and constructing the cross-chain layer for their dApps, including Sui's two largest projects, Aftermath and Bluefin.
Kevin Nelson, Co-Founder and CTO of Aftermath Finance, stated: "Sui's protocol-level features enable Aftermath to offer capabilities that cannot be achieved elsewhere—such as nearly zero slippage, optimal execution, and a fully on-chain CEX-like user experience. We have been looking forward to the connection with Axelar, which will allow Aftermath to extend these innovations to every asset in Web3, reaching all DeFi users."
Rabeel Jawaid, Co-Founder of Bluefin, said: "At Bluefin, our goal is to provide an on-chain trading experience comparable to Binance. Sui makes this goal possible. Axelar not only supports seamless bridging and user onboarding but will also help Bluefin connect liquidity across chains, accelerating our process of providing zero-compromise on-chain trading pairs for retail and institutional users."
By connecting Sui with the broader crypto ecosystem through Axelar, asset issuers and developers are provided with:
· A unified API to access all major blockchain networks.
· A developer toolkit that includes cross-chain token services, supporting rapid cross-chain tokenization.
· Easy connections to new blockchains through the cross-chain amplifier.
Axelar's connections are not limited to Sui. Axelar is accelerating connections with various blockchains, including Monad, Solana, TON, XRP Ledger, and dozens of L2 and application-specific blockchains, which have the potential to bring greater liquidity to the Sui blockchain.
Start building now and experience the speed of creating the Web3 future through Axelar and Sui:
· Deploy your tokens across multiple chains via the Axelar ITS network: docs.axelar.dev
· Apply to whitelist your tokens on the Squid Router: docs.squidrouter.com
· Explore Sui documentation: docs.sui.io
About Axelar
Axelar is a Web3 interoperability platform that provides the shortest path to scalability: an open stack that connects all blockchains. Adopters include Uniswap, Microsoft, and dozens of native cross-chain startups, with a total locked value exceeding $1 billion. Axelar supports a top-tier developer stack built on an open, scalable, and secure cross-chain layer. Supporters include Binance, Coinbase, Dragonfly, Galaxy, and Polychain. Learn more: axelar.network.
About the Axelar Foundation
The Axelar Foundation is a non-profit organization dedicated to supporting the growth and adoption of the Axelar network, a decentralized blockchain interoperability platform connecting multiple blockchain ecosystems.
Contact Information
Media
Karla Vilhelem, Director of Public Relations at MarketWaves
(754) 215-4315
This article is contributed and does not represent the views of BlockBeats.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
