Sui Network Overview
Sui is a decentralized Layer 1 blockchain designed for high-throughput applications, achieving instant finality and low transaction costs. Its current price is $2.9043, with a -2.03% 24-hour change.
Tokenomics
- Circulating Supply: 3,455,015,253 SUI (34.55% of max supply)
- Max Supply: 10,000,000,000 SUI
- Market Cap: $100.54B (Rank #12)
Price Performance
| Metric | Value | Change |
|---|---|---|
| All-Time High | $5.3681 | -45.90% (-$2.4638) |
| All-Time Low | $0.10000 | +2,804.29% (+$2.8043) |
Last updated: January 7, 2025 (UTC+8)
Key Features of Sui Network
- Horizontal Scalability: Processes parallel transactions via Narwhal/Bullshark consensus.
- Move Language: Secure smart contract development with asset-centric programming.
- Sponsored Transactions: Eliminates gas fees for end-users in dApps.
👉 Explore Sui DeFi opportunities with OKX
BTCFi Innovations on Sui
Projects like NAVI Protocol are pioneering BTCFi with:
- $188M+ TVL in BTC-backed assets
- Lending/borrowing without selling BTC
- Cross-chain xBTC integration
Address Security Alert
⚠️ Critical: Sui and Aptos addresses derived from the same seed phrase are incompatible. Transfers between these chains result in permanent loss due to differing key derivation logic. Always verify chain compatibility before transactions.
FAQs About Sui (SUI)
Q: What makes Sui different from other blockchains?
A: Sui’s object-centric model allows parallel execution, achieving 100K+ TPS compared to Ethereum’s ~15 TPS.
Q: How do I stake SUI tokens?
A: Use Sui Wallet or supported exchanges like OKX for delegated staking, earning ~7% APY.
Q: Is Sui EVM-compatible?
A: No, but projects like Wormhole enable cross-chain bridges for Ethereum interoperability.
Q: Where can I track Sui’s ecosystem growth?
A: Monitor SuiVision or MoveScan for real-time network analytics.