Navi Protocol is a native one-stop liquidity protocol built on the Sui blockchain, functioning as a core component of its decentralized finance (DeFi) ecosystem. It allows users to participate as liquidity suppliers or borrowers. Suppliers can deposit a range of crypto assets, including SUI, USDC, USDT, ETH, and WBTC, into the protocol's pools to earn passive income through variable interest rates. These supplied assets form the liquidity that is available for others to borrow. Users can also borrow assets by providing collateral, enabling them to gain access to liquidity without selling their holdings. A key feature of Navi Protocol is its support for Liquid Staking Derivatives (LSDs), such as vSUI. This allows users to maintain capital efficiency by using their staked assets as collateral for borrowing or other DeFi activities, while still earning staking rewards. This integration addresses a growing demand for maximizing yield potential within proof-of-stake networks. The protocol has its own native governance token, NAVX, which grants holders the ability to vote on proposals and participate in the decision-making process regarding the protocol's future development and parameter updates. Built on Sui, Navi Protocol benefits from the network's high scalability and low transaction fees, facilitating a smooth and cost-effective user experience. For core functions like liquidations, the protocol integrates with native Sui infrastructure like DeepBook, ensuring efficient and decentralized processes. By offering these fundamental money market services, Navi Protocol serves as a foundational liquidity layer for users and other applications within the Sui ecosystem.