AlphaFi: Days 200–300 Recap and What’s Coming Next!
TL;DR
- 34 new vaults launched in the past 100 days
- Governance is now live with two major proposals passed
- 60% of all platform fees now go back to ALPHA stakers (50% ALPHA buybacks + 10% stSUI)
- 520,000 ALPHA from the reserve will be strategically distributed over the next 100 days to support vault growth and the upcoming product release
- Over $12M in stSUI is currently being utilized across the Sui DeFi ecosystem outside of AlphaFi, highlighting real user adoption
- Our new product will be announced shortly — targeting $20M in TVL within the first 2 weeks and $50M+ by Day 400
- This release will act as a foundational infrastructure layer for Sui DeFi, advancing AlphaFi’s mission of capital efficiency, frictionless UX, and innovative yield strategies — while laying the groundwork for a unified DeFi suite that delivers sustainable, capital-efficient strategies and growing protocol fees for ALPHA stakers and holders.
Reflecting on the Last 100 Days
Thank you to our community for continuing to support AlphaFi through another chapter of growth. While the past 100 days didn’t unfold exactly as we envisioned, your belief in what we’re building has only pushed us to work harder.
We’ve been building intensely behind the scenes, and we’re now entering the most exciting phase of AlphaFi’s evolution. In the coming days, we’ll unveil a major new product that furthers our mission to drive capital efficiency, reduce friction for DeFi users, introduce new yield strategies — and most importantly, generate growing protocol fees that directly benefit ALPHA stakers and holders.
AlphaFi Protocol Analytics (Days 200–300)
While overall TVL decreased during this period, the drop was largely in line with the broader contraction in Sui DeFi TVL. A significant portion of the decline was due to the unwinding of our original SUI loop vault, which became unsustainable following Navi’s protocol update that enforced a 0.3% borrow fee — a change that directly impacted the capital efficiency of the strategy.
Despite this, core vault usage, staking participation, and product adoption remained steady, and we’re excited to relaunch an optimized loop strategy alongside our new product in the upcoming cycle.
Key protocol metrics:
- TVL Breakdown
AlphaFi Total Value Locked at Day 300
2. Revenue, Airdrops & Reserve
Protocol revenue and reserve balances remain strong
3. stSUI Performance
stSUI continues to attract long-term stakers and outperform validators
Governance Is Live
AlphaFi Governance officially launched this cycle, enabling ALPHA stakers to shape protocol direction via on-chain votes.
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Review past proposals at: alphafi.xyz/vote
Two major proposals passed:
- stSUI Airdrop Integration
10% of all protocol fees will now be converted to stSUI and airdropped to ALPHA stakers — alongside 50% used to buy and distribute ALPHA.
→ 60% of total fees now flow back to ALPHA stakers. - Reserve Fund Incentives
520,000 ALPHA from the reserve will be strategically distributed when needed over the next 100 days to support vault growth, user adoption, and incentives tied to the new product release.
Progress on Day 200–300 Initiatives
In our last update, we outlined a roadmap of features and expansions planned for this cycle. While our focus shifted heavily toward preparing for our upcoming product launch, we’ve still made meaningful progress — and more importantly, laid a strong foundation for major releases in the next 100 days.
Leveraged Yield Strategies
While some of our more advanced yield strategies were delayed, the infrastructure needed to support them is nearly complete. We’re preparing to reintroduce looping and capital-efficient vaults in a new, optimized format that enhances yield potential and user experience.
BUCK Minting with LPs
We successfully enabled BUCK minting against the stSUI–SUI LP, but user demand was tempered by external borrow conditions. That said, over $10M in stSUI (and over $2M on other protocols) is currently being used as collateral on Bucket to mint BUCK directly — a strong signal of long-term potential and user trust in the product.
Advanced User Analytics Dashboard
Development of the dashboard was temporarily paused as engineering resources shifted to the new product build. We plan to resume development shortly, providing users with deep, position-level insights into P&L, vault performance, and strategy-specific metrics.
Enhanced User Experience
Our one-click Zap In / Zap Out feature was paused during this build phase, but remains on track to return with broader support across vaults. We also plan to release Dark Mode and introduce further UI/UX refinements in the next product cycle.
Ecosystem Expansion
We launched 34 new vaults during this period and will soon be integrating Momentum vaults, with more to come as top protocols deploy on Sui. Our approach remains simple: as new opportunities appear, AlphaFi will continue building on top of them quickly and effectively.
What’s Coming Next (Days 300–400)
We’re entering the next major chapter of AlphaFi. Our upcoming product launch will:
- Unlock new capital-efficient strategies
- Deliver frictionless UX for users
- Introduce innovative yield-generation opportunities
- And most importantly — drive fee growth that rewards ALPHA holders and stakers
This marks a strategic step in building a synergistic suite of DeFi products that integrate seamlessly with each other — delivering some of the most sustainable and capital-efficient strategies on Sui, and across DeFi as a whole.
Key Targets
- $20M+ TVL for the new product within the first 2 weeks of launch
- $50M+ TVL for the new product by Day 400
- Relaunch SUI loop strategies in an optimized format
- ️Deploy leveraged yield farming vaults
- Release the Advanced Analytics Dashboard for user-level performance tracking
- Enable Zap In / Zap Out features to simplify DeFi interactions
- Launch Dark Mode and roll out broader UI/UX enhancements
- Expand AlphaFi integrations — including Momentum vaults, deeper Bluefin features, and additional protocol partners
Thank You
To every AlphaFi user, staker, builder, and supporter: thank you. This community continues to push us to deliver, and we’re more energized than ever.
The next 100 days will mark a major step forward — and we’re just getting started.
For more updates and insights, follow some of our team members on X:
