Bitget Announces Upcoming Listing of NAVI Protocol (NAVX) in its Innovation and DeFi Zone

Bitget Announces Upcoming Listing of NAVI Protocol (NAVX) in its Innovation and DeFi Zone

The world’s top Web3 firm and cryptocurrency exchange, Bitget, is thrilled to announce that NAVI Protocol (NAVX) will soon be listed in its Innovation and DeFi Zone. The first Native One-Stop Liquidity Protocol on Sui, known as NAVI Protocol, is poised to transform DeFi in the Sui Ecosystem.

The NAVI Protocol is the first Native One-Stop Liquidity Protocol on Sui, and it was created to enable users to participate in the Sui Ecosystem as either borrowers or producers of liquidity. Providers of liquidity provide assets to the market and receive yields as a passive income stream; borrowers can obtain loans for a range of assets. With an emphasis on offering crucial DeFi infrastructure, NAVI Protocol hopes to establish itself as a pillar in the quickly changing DeFi environment inside the Sui Ecosystem.

With cutting-edge features like Isolation Mode and Automatic Leverage Vaults, NAVX gives customers the ability to leverage their assets and take advantage of new trading opportunities while lowering risk. The protocol prioritizes protecting user funds and reducing systemic risks while supporting digital assets at varying risk levels. The original Indian language for NAVI Protocol means “Be Kind to People,” which reflects the team’s dedication to promoting widespread DeFi adoption through the ease of use and security provided by the Move programming language.

Bitget has been steadily increasing its market share among centralized exchanges for both spot and futures trading. In order to give consumers the chance to invest in well-liked and worthwhile initiatives, Bitget is constantly increasing the range of digital assets available on its spot market. The portal includes more than 350 fresh postings as of 2023. In the meantime, Bitget Wallet supports more than 250,000 coins and more than 100 mainnets. Cross-chain trading between 40 mainnets is made possible by Bitget Swap, its on-chain trading feature.

Users will have access to state-of-the-art DeFi solutions with the launch of NAVI Protocol (NAVX) for trading on Bitget’s Innovation and DeFi Zone.

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