Bitget Introduces NAVI Protocol (NAVX) to the Innovation and DeFi Zone

Chainwire

Published on Feb 7, 2024 at 2:32 PM Updated on Feb 8, 2024 at 8:53 AM

Victoria, Seychelles, February 7th, 2024, Chainwire

Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to announce the upcoming listing of NAVI Protocol (NAVX) in its Innovation and DeFi Zone. NAVI Protocol, the first Native One-Stop Liquidity Protocol on Sui, is set to revolutionize DeFi within the Sui Ecosystem.

NAVI Protocol stands as the pioneering Native One-Stop Liquidity Protocol on Sui, designed to empower users to engage as liquidity providers or borrowers within the Sui Ecosystem. Liquidity providers contribute assets to the market, earning passive income through yields, while borrowers have the flexibility to access loans for various assets. With a focus on providing essential DeFi infrastructure, NAVI Protocol aims to become a cornerstone in the rapidly evolving DeFi landscape within the Sui Ecosystem.

NAVX introduces innovative features such as Automatic Leverage Vaults and Isolation Mode, enabling users to leverage their assets and access novel trading opportunities with minimized risks. The protocol supports digital assets at different risk levels, all while prioritizing user fund protection and mitigating systemic risks. NAVI Protocol’s name derives from the original Indian language, signifying “Be Kind to People,” reflecting the team’s commitment to fostering mass adoption of DeFi through the simplicity and security offered by the Move programming language.

Bitget has been consistently expanding its market share in both spot and derivatives trading among centralized exchanges. Bitget aims to provide opportunities for users to invest in popular and valuable projects and is actively expanding the variety of digital assets in its spot market. In 2023, the platform has added over 350 new listings. Meanwhile, Bitget Wallet supports over 100 mainnets and 250,000+ tokens. Its on-chain trading function Bitget Swap enables cross-chain trading between 40 mainnets.

NAVI Protocol (NAVX) will be available for trading on Bitget’s Innovation and DeFi Zone, providing users with access to cutting-edge DeFi solutions. For more information, please visit

https://www.bitget.com/support/articles/12560603805171

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 20 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.