| Full Currency Name | /SUI |
| Currency Code | SUI |
| Coin Intro | "SUIs price today is $0.61358, with a 24-hour trading volume of $222.954 million. SUI has decreased by 17% in the last 24 hours. Its market cap is currently $755.271 million USD. There are 1,230.91 million SUI in circulation, out of a total supply of 1,000.000 million SUI." |
| Issue Date | |
| All-Time High | $2.1811639 |
| All-Time Low | $0.36346285 |
| Total Supply | 10000000000 |
| Circulating Supply | 1230916717.7942 |
| Circulating Supply Percentage | 0.12309167177942 |
| Market Cap | 1971339288404 |
| Fully Diluted Market Cap | $6.1358421e-11 |
| Mkt Cap (Float) | $755271062 |
| Circulating Market Cap % of Global Total | 0.00038312586090214276 |
| Listed on Exchanges | 36 |
| Official Link | https://sui.io/ |
| Whitepaper | https://docs.sui.io/ |
| Blockchain Explorer | "https://suiscan.xyz/devnet/home" |
| Telegram | |
| Github | https://github.com/mystenlabs/mystenlabs |
| https://twitter.com/mysten_labs | |
Sui is a permissionless Layer 1 blockchain designed from the ground up, enabling creators and developers to build experiences that cater to the next billion web3 users. Sui is horizontally scalable, supporting a broad range of application development with unmatched speed and low costs.
Total supply: 10 billion, allocated among the founding team, investors, public sale, Sui Foundation, and future releases.
Token utilities: Staking/protecting the network; transaction fees; governance; account units/transaction intermediation.
(Projects related to Meta such as Aptos, Sui, and Linera share significant similarities in terms of background, technology, and capital.)
Roles:
Users: Engage in transactions on the Sui platform to create, modify, and transfer digital assets or interact with complex applications based on smart contracts, interoperability, and composability;
SUI token holders: Can choose to delegate their tokens to validators and participate in the Proof-of-Stake (PoS) mechanism. SUI owners also have the right to participate in Sui governance;
Validators: Conduct transaction processing and execution on the Sui public chain.
Five core components:
The SUI token is the native asset of the Sui platform.
All network operations incur gas fees, which reward participants in the Proof-of-Stake mechanism, prevent spam, and deter denial-of-service attacks.
The Sui Storage Fund facilitates the transfer of staking rewards over time and compensates future validators for the storage costs of previously stored on-chain data.
Proof-of-Stake (PoS) is used to select, incentivize, and reward honest behavior by operators of the Sui platform, including validators and SUI delegators.
On-chain voting is used for governance and protocol upgrades.
Funding
Mysten Labs announced in December 2021 that it had completed a $36 million Series A funding round, led by a16z, with participation from Coinbase Ventures, NFX, Slow Ventures, Scribble Ventures, Samsung NEXT, Lux Capital, and others.
Currently seeking at least $200 million in Series B funding at a valuation of $2 billion, led by FTX Ventures. The project has already secured $140 million in this round.
