PANews reported on January 10 that Sui Foundation announced on January 8 that a total of 12 teams in the first Hydropower Accelerator Program completed eight weeks of project development. These projects cover DeFi, DePIN and RWA fields, including advertising networks, digital gift platforms and new liquidity staking tools. Participating teams include:
- 7k: The second largest transaction aggregator on Sui, providing a smart transaction ecosystem.
- AdToken: A peer-to-peer advertising network that pays based on advertising performance.
- CryptoMate: A stablecoin fintech operating system that supports low-code and AI functions.
- Gifted: A digital gifting platform that focuses on interactive experience.
- InsiDeX: DeFi analysis and trading platform on the Sui chain.
- Lotus Finance: Decentralized market maker and high-frequency trading infrastructure.
- Nativerse: A non-custodial liquidity staking tool that helps improve Bitcoin liquidity.
- Nemo Protocol: Sui’s native yield trading platform.
- Pomerene: DePIN Network for International Trade.
- Printr: A cross-chain tokenization and fundraising platform.
- Protocol Media Labs: An innovative news platform that supports independent media.
The twelfth team is in confidentiality mode and no information is released.