The Sui blockchain has rapidly emerged as a high-performance Layer 1 network, attracting growing attention from DeFi users and yield farmers. With official incentive programs fueling ecosystem growth, interest in Sui-based yield strategies—especially mining on leading protocols like Navi and Cetus—has surged.
This comprehensive guide breaks down beginner-friendly mining strategies on Sui, focusing on real, actionable steps to generate strong annual percentage yields (APYs). Whether you're new to Sui or an experienced DeFi participant, this article provides clear insights into optimizing returns while managing risk.
We'll cover:
- Profitable Sui mining strategies
- Step-by-step tutorial for using Navi Protocol
- Key risks and best practices
Let’s dive in.
🔍 Why Mine on Sui? Understanding the Opportunity
Sui is designed for speed, scalability, and low transaction costs, making it ideal for DeFi applications. As the ecosystem expands, major protocols are offering generous incentives to attract liquidity providers and borrowers.
Two standout platforms driving this growth are:
- Navi Protocol: One of the top lending protocols on Sui with strong community anticipation for a potential token airdrop. Currently running an interest-boosting campaign in partnership with OKX.
- Cetus: The largest decentralized exchange (DEX) on Sui by total value locked (TVL), already with its own token listed on major exchanges including OKX.
These fundamentals create fertile ground for yield farming opportunities—especially when combining lending and liquidity provision across both platforms.
👉 Discover how to start earning high APYs on Sui today.
💡 Top Sui Ecosystem Mining Strategies
Here are proven strategies that users are leveraging to generate attractive returns—some exceeding 30% APY—using Navi and Cetus.
Strategy 1: wETH Collateralized Borrowing + Stablecoin LP (APY ~18.2%+)
This strategy uses wrapped Ethereum (wETH) as collateral to borrow stablecoins, then provides liquidity on Cetus for additional yield.
Step-by-Step Process:
Bridge wETH to Sui Network
- Use Wormhole as the only currently supported cross-chain bridge.
- Visit wormholebridge.com to transfer your wETH from Ethereum or other supported chains to Sui.
Deposit wETH and Borrow Stablecoins on Navi
- Go to app.navi.io/lend
- Deposit your wETH as collateral.
- Borrow USDT and/or USDC at approximately -7% borrow APY (effectively paid to you).
- Keep Loan-to-Value (LTV) around 65% for safety; do not exceed 75%.
Provide Liquidity on Cetus
- Head to app.cetus.zone/pool
- Create or add to the USDT-USDC liquidity pool.
- Current APR: ~28.14%
- Your net yield:
0.65 (collateral ratio) × 0.2814 (LP APR) ≈ 18.2% APY on wETH
This strategy generates passive income from both borrowing incentives and liquidity mining—with minimal exposure to Sui’s price volatility.
Strategy 2: Sui Perpetual Futures Basis Trading + Single-Asset Staking
For more advanced users comfortable with derivatives:
Perform Basis Arbitrage on Aicoin
- Take advantage of price differences between Sui’s spot and futures markets.
- Estimated annualized return: ~8.7%
Stake SUI via OKX Web3 DeFi Products
- Use OKX’s integrated DeFi vaults to single-asset stake SUI.
- Earn over 20% APY with automated compounding and rebalancing.
Combining these two can push total returns beyond 30% APY, though they require closer monitoring and market understanding.
Strategy 3: Native SUI Collateral Mining (APY Up to 267%)
A higher-risk, higher-reward approach using native SUI tokens.
Steps:
Deposit SUI on Navi
- Stake SUI as collateral (earning ~10.7% APY).
- Borrow USDC and USDT at ~7% borrow APR with 60% LTV.
Liquidity Provision on Cetus
- Deposit borrowed USDC/USDT into the stablecoin pool on Cetus.
- Earn ~28.14% APR.
Alternatively, use wETH to borrow SUI + USDC, then deposit into the SUI-USDC pool on Cetus. Due to deep liquidity mining incentives, this pool has seen reported APYs as high as 267%—but comes with significant impermanent loss risk due to SUI price volatility.
👉 Maximize your yield with secure, high-return DeFi strategies on OKX.
🧑💻 Beginner’s Guide to Using Navi Protocol
New to Sui or DeFi? Follow this simple walkthrough.
Step 1: Set Up a Compatible Wallet
Sui does not use the EVM standard, so traditional wallets like MetaMask won’t work natively.
Supported wallets include:
- OneKey Wallet
- OKX Wallet
- Sui Wallet (official browser extension)
Download one of these, create a secure wallet, and back up your recovery phrase.
⚠️ Important: Never share your private keys or recovery phrase.
Step 2: Bridge Assets to Sui
Currently, Wormhole is the primary bridge for transferring assets like ETH, wETH, USDT, and USDC to the Sui network.
- Visit wormholebridge.com
- Connect your wallet
- Select the asset and chain you’re bridging from
- Choose Sui as the destination
- Confirm and wait for the transfer (usually under 5 minutes)
Once completed, your assets will appear in your Sui wallet.
Step 3: Use Navi Protocol
- Go to app.navi.io
- Connect your wallet
- Select “Borrow” or “Lend” depending on your goal
Choose your asset:
- Supported: SUI, wETH, USDT, USDC, CETUS
- Deposit collateral or supply/borrow assets accordingly
- Monitor your LTV ratio to avoid liquidation
Navi offers real-time health indicators and easy rebalancing tools—ideal for beginners.
⚠️ Key Risks and Best Practices
While high APYs are tempting, always consider the risks:
- Liquidation Risk: If your collateral value drops, you may be liquidated. Always keep LTV below 75%, ideally under 65%.
- Impermanent Loss: Providing liquidity in volatile pairs (like SUI-USDC) can result in losses if prices shift dramatically.
- Smart Contract Risk: Although Navi and Cetus are audited, no protocol is 100% immune to bugs or exploits.
- Bridge Risk: Wormhole has had past incidents; use only verified bridges and verify transaction confirmations.
Best Practices:
- Start small to test the process
- Diversify across strategies
- Regularly monitor positions
- Withdraw profits periodically
❓ Frequently Asked Questions (FAQ)
Q: Can I use MetaMask to interact with Sui?
A: No. Sui uses the Move programming language and a non-EVM architecture. You must use a Sui-native wallet like OKX Wallet or OneKey.
Q: Is there a Navi token? When will it launch?
A: As of now, Navi has not launched its token, but there is strong community expectation for a potential airdrop in Q1 2025. Participation in borrowing/lending may qualify users.
Q: What is the safest mining strategy on Sui for beginners?
A: The wETH-to-stablecoin borrowing strategy is safest due to low volatility exposure and predictable yields.
Q: How do I claim rewards from Cetus or Navi?
A: Rewards are typically auto-compounded or claimable directly in-app. Check the “Rewards” section on each platform’s interface.
Q: Are there gas fees on Sui?
A: Yes, but they are extremely low—usually less than $0.01 per transaction.
Q: Can I unstake anytime?
A: Most assets on Navi and Cetus are liquid; you can withdraw or repay loans instantly without lock-up periods.
Final Thoughts
The Sui ecosystem presents exciting opportunities for yield seekers in 2025. By leveraging protocols like Navi and Cetus, even beginners can access sophisticated DeFi strategies with strong returns.
Focus on safety, start conservatively, and let compounding grow your portfolio over time.
👉 Begin your high-yield DeFi journey on a trusted platform today.