**[Magma Finance Secures $6 Million in Strategic Funding to Develop Adaptive Liquidity Engine on Sui Network]** DeFi protocol Magma Finance announced it has secured $6 million in strategic funding to build an adaptive liquidity engine on the Sui Network. This funding round was participated in by HashKey Capital, SNZ, SevenX Ventures, Puzzle Ventures, Topspin Ventures, among others, and received ecosystem support from Navi Protocol. Magma stated that it aims to address issues of capital inefficiency and liquidity fragmentation on Sui, providing better execution for traders and generating real returns for LPs. The project has already undergone security audits by Zellic and ThreeSigma.