NAVI launches institutional lending on Sui

• NAVI Protocol has launched NAVI Prime, a lending framework for institutions on Sui.
• NAVI manages about $124.6 million in total value locked across its products.
• The new framework gives professional investors more control over onchain lending.

NAVI Protocol launched NAVI Prime, a lending framework for institutional capital on Sui (CRYPTO:SUI).

The framework targets funds seeking clearer control and visibility over their lending activity.

NAVI Prime extends NAVI’s existing lending services, which let users supply assets or borrow against collateral.

The platform supports assets including SUI, USDC, USDT, wrapped Ether and wrapped Bitcoin.

DefiLlama tracked about $124.6 million in total value locked across NAVI Protocol on August 17.

Active loans stood at about $65.8 million, while NAVI generated about $404,300 in fees during the previous 30 days.

NAVI also supports stablecoin lending on Sui, while US investors can access SUI through regulated CME futures contracts.

At the time of reporting, Sui price was $0.6699.