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Aftermath Finance: Complete Guide to a Top Sui DeFi Protocol
The Sui DeFi ecosystem has experienced tremendous growth in 2024 and shows no signs of slowing down. Aftermath Finance has emerged as one of the top DeFi protocols on the Sui blockchain, currently ranking #5 with over $130 million in Total Value Locked (TVL) according to DefiLlama. It’s a one-stop-shop for all things DeFi on Sui.
With Aftermath Finance, users can swap tokens, liquid stake their $SUI, provide liquidity to earn yield, farm their rewards, bridge over crypto from other blockchains, and more. It’s a fully on-chain, user-friendly platform that consistently ships new features. For example, they recently announced that their Perpetuals Exchange is live on Testnet which will be huge for the Sui DeFi ecosystem! In this Aftermath Finance getting started guide, we’ll show you all the ways you can put your $SUI to work.
What is Aftermath Finance on Sui?
Aftermath Finance is building a next-generation on-chain trading platform that combines multiple DeFi products:
- DEX aggregator
- Liquid $SUI staking
- Liquidity pools
- Yield farming
- Cross-chain bridge
The protocol is audited by OtterSec, one of Web3’s leading security firms, and has partnered with Mysten Labs (core blockchain developer) among many other top builders in the Sui ecosystem.
Aftermath Finance Product Suite
Aftermath Finance users experience the ease of a centralized exchange without any of the censorship risks. Their product suite is designed to be a one-stop-shop for all things decentralized finance on Sui. Let’s take a closer look at each of the DeFi products you’ll find on the Aftermath Finance protocol.
1. Aftermath Finance DEX Aggregator
The core product for Aftermath Finance is its DEX aggregator, which searches across all the Sui ecosystem decentralized exchanges to find the best trading prices. The platform automatically routes trades through various DEX aggregators like Cetus, Hop, Momentum, and 7K to ensure optimal execution with Zero Fees. The DEX aggregator on Aftermath Finance allows users to compare quotes and ultimately save money.
2. On-Chain Dollar-Cost Averaging (DCA) DEX Aggregator via Aftermath Finance
Users can set up automated “dollar cost averaging” strategies to regularly purchase assets like $SUI and $DEEP using stablecoins, helping to reduce the impact of market volatility through systematic buying. It’s a great way to accumulate top Sui memecoins like $BLUB and $FUD if you believe they will go up in value overtime.
3. Aftermath Finance Sui Liquid Staking
Liquid staking is a great option on Sui and all other blockchains if you’re looking to maximize yield on your holdings. When users stake their $SUI on Aftermath Finance they receive afSUI in tokens in return. That $afSUI can then be put to work in liquidity pools such as afSUI/SUI and on crypto lending platforms to earn additional yield while also accumulating Sui blockchain staking rewards. Aftermath Finance is a great liquid staking solution for $SUI holders. Finally, they offer flexible un-staking abilities as well which is great.
4. Liquidity Pools & Farming on Aftermath Finance
Aftermath Finance offers multiple ways to earn yield such as:
- Provide liquidity to pools like Sui/afSui, NS/SUI, and USDC/SUI to earn a percentage of the trading fees.
- Stake LP tokens in farms on Aftermath Finance for for additional rewards.
For example, let’s say you have some $SUI and SuiNS ($NS) in your Sui Wallet (now Slush Wallet) and want maximize yield for holding both. On Aftermath Finance, you could supply liquidity to the NS/SUI pool. In return for entering the NS/SUI pool, you’ll earn yield based on the APR and you’ll also receive an LP token. You can think of LP tokens as receipts that prove you put your $NS and $SUI into the NS/SUI pool. Next, you can take that NS/SUI LP token, go to “Farms”, click on the “Sui/NS afLP farm, and stake it to earn even more rewards. It might take a little while to grasp the concept, but once it clicks, you’ll realize how powerful the Sui DeFi ecosystem on Aftermath Finance can be.
5. Sui Ecosystem Portfolio Management on Aftermath Finance
The Aftermath Finance platform includes a comprehensive portfolio dashboard that displays:
- Sui Phantom Wallet balances
- Staking positions
- Pool investments
- Farm positions
- DCA strategies
- Sui NFTs
Why Choose Aftermath Finance on Sui?
With the addition of their fully on-chain perpetuals exchange, Aftermath Finance truly has everything you need in one protocol to grow your $SUI bags. Their DEX aggregator is perfect for trading Sui meme coins. It ensures you’re swaps are taking the best routes and that you’re getting the best possible prices.
Aftermath Finance represents a significant step forward for DeFi on Sui, offering a comprehensive suite of tools for traders and yield farmers. With its growing TVL and increasing trading volume, it’s positioned as a key player in the Sui ecosystem. For users looking to participate in Sui DeFi, whether for trading meme coins, staking, or yield farming, Aftermath Finance provides a secure, efficient, and user-friendly platform to access these opportunities.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
