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About SUI

Sui (SUI) is a cryptocurrency launched in 2022. SUI has a current supply of 10.00Bn with 1.30Bn in circulation. The last known price of SUI is 1.40 USD and is 0.062976513704 over the last 24 hours. It is currently trading on active market(s) with $192.83M traded over the last 24 hours. More information can be found at https://sui.io/#.

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SUI Price Statistics
SUI’s Price Today
24h Price Change
+$0.0629765137044.72%
24h Volume
$192.83M33.32%
24h Low / 24h High
$0.66991483 / $0.69202563
Volume / Market Cap
0.106550257489
Market Dominance
0.08%
Market Rank
#65
SUI Market Cap
Market Cap
$1.81Bn
Fully Diluted Market Cap
$13.97Bn
SUI Price History
7d Low / 7d High
$0.63015643 / $0.7575034
All-Time High
$1.72May 03, 2023
All-Time Low
$0.55799785Jun 10, 2023
SUI Supply
Circulating Supply
1.30Bn
Total Supply
10.00Bn
Max Supply
10.00Bn
Updated Apr 21, 2024 6:54 pm
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SUI
Sui
$1.40
$0.062976513704(+4.72%)
Mkt Cap $1.81Bn
There's nothing here for now
Token Unlocks Reveal $224 Million Release for DYDX, SUI, GAL, and Others
Token Unlocks Reveal $224 Million Release for DYDX, SUI, GAL, and Others
According to PANews, data from Token Unlocks indicates that this week, tokens such as DYDX, SUI, and GAL will experience a significant one-time unlocking, with a total release value of $224 million. The details are as follows: On April 1 at 8 a.m., 33.33 million DYDX tokens will be unlocked, valued at approximately $112.67 million, accounting for 11.35% of the circulating supply. On April 3 at 8 a.m., 34.62 million SUI tokens will be unlocked, valued at approximately $65.08 million, accounting for 2.81% of the circulating supply. On April 5 at 8 a.m., 3 million GAL tokens will be unlocked, valued at approximately $14.51 million, accounting for 3.34% of the circulating supply. On April 1 at 8 a.m., 5.29 million ZETA tokens will be unlocked, valued at approximately $11.01 million, accounting for 2.24% of the circulating supply. On April 7 at 8 a.m., 13.62 million HFT tokens will be unlocked, valued at approximately $6 million, accounting for 3.56% of the circulating supply. On April 1 at 7:59 a.m., 1.87 million MANTA tokens will be unlocked, valued at approximately $5.45 million, accounting for 0.75% of the circulating supply. On April 1 at 3 p.m., 27.43 million ACA tokens will be unlocked, valued at approximately $5.3 million, accounting for 2.85% of the circulating supply. On April 5 at 8 a.m., 657,350 LQTY tokens will be unlocked, valued at approximately $1.02 million, accounting for 0.69% of the circulating supply.
Apr 01, 2024 7:53 am
Grayscale Launches Dynamic Income Fund Focused on Proof-of-Stake Crypto Assets
Grayscale Launches Dynamic Income Fund Focused on Proof-of-Stake Crypto Assets
According to CryptoPotato, Grayscale announced the launch of its Grayscale Dynamic Income Fund (GDIF) on March 29. The new fund is the company's first actively managed investment product, aiming to optimize income through staking rewards associated with proof-of-stake crypto assets. This move comes as the world's largest crypto asset manager seeks to retain clients and capital after a significant exodus from its flagship product, Grayscale Bitcoin Trust (GBTC), and its conversion to a spot Bitcoin ETF. Grayscale's GDIF will invest capital across a portfolio of proof-of-stake tokens, using qualitative and quantitative factors. The fund plans to monetize token rewards into cash on a weekly basis, distribute earnings to investors quarterly, and rebalance tokens to optimize income. The disclosed holdings of the fund include 24% in Osmosis token (OSMO), 20% in Solana (SOL), and 14% in Polkadot (DOT), with the remaining 43% labeled as 'other.' Notably, there was no mention of Ethereum, the world's largest proof-of-stake token. The GDIF is managed by Portfolio Manager Matt Maximo and is only available to high-net-worth individuals with assets under management of more than $1.1 million or a net worth of more than $2.2 million. The fund also has a 10% performance fee. Meanwhile, Grayscale's GBTC has lost 46% of its value, or $20 billion, since converting to a spot ETF in January. Competing products from BlackRock and Fidelity have gained more, reversing a trend of outflows for Bitcoin ETFs. The global staking market capitalization is around $355 billion, with Ethereum leading the way with $110 billion worth staked, followed by Solana with $72 billion staked, and SUI, Aptos, and Cardano each having around $15 billion worth staked.
Mar 31, 2024 9:54 am

Frequently Asked Questions

  • What Is Sui (SUI)?

    Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the bottom up to make digital asset ownership fast, private, secure, and accessible to everyone. Its object-centric model, based on the Move programming language, enables parallel execution, sub-second finality, and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unrivaled speed at low cost. Sui is a step-function advancement in blockchain and a platform on which creators and developers can build amazing, user-friendly experiences.

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  • Who Are the Founders of Sui?

    Mysten Labs, the original contributor to Sui, was founded by by former executives/lead architects of Meta’s Novi Research (the team responsible for Diem blockchain and Move programming language): Evan Cheng; Adeniyi Abiodun; Sam Blackshear; George Danezis; Kostas Chalkias.

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  • What Makes Sui Unique?

    Through features such as horizontal scaling, composability, sparse replay, and on-chain storage, Sui’s architecture solves pain points common to first generation blockchains.

    Horizontal Scaling

    On the Sui network, each group of transactions process in parallel, as opposed to the bottlenecking that occurs in some earlier blockchains due to any lack of distinction between the various objects, resources, accounts, and other components.

    Composability

    In Sui, unlike most other blockchains, one can directly pass an asset (such as an NFT), directly into a function argument. Sui’s object-centric approach also allows for more esoteric data structures, and the ability to store assets inside such data structures, or in an asset itself.

    Sparse Replay

    Naturally, a blockchain provides a ledger of every single transaction. For a Sui-specific example, game builders don’t need to track transactions interacting with unrelated dApps. Because querying on-chain data can be expensive, products on Sui will be able to follow the evolution of the objects in this game, without digging out the data from the Merkle tree.

    On-Chain Storage

    Because assets are directly stored as objects on the Sui blockchain, they are never subject to Merkle tree indexing. Storing assets directly on-chain is used in tandem with conventional means, such as IPFS, to scale the problem of on-chain storage, as it is much cheaper to directly update assets on-chain.

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  • How Many Sui (SUI) Coins Are There in Circulation?

    Sui is yet to release details about its native SUI token, which is to go live upon the mainnetlaunch. It will be used for gas fees and to pay for the storage fund. This fund compensates future validators for the costs of previously stored on-chain data. With this upfront-payment model, higher rewards are paid out to validators when the demand for storage is high.

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  • How Is the Sui Network Secured?

    At launch, Tusk and Narwhal were the default consensus algorithms used by Sui, although Bullshark replaced Tusk as the primary option in August 2022. The move was made to reduce latency issues, and to ensure that validators with lower processing speeds would still be able to contribute to the project. Tusk can still be used via updating the source, however. In short, Narwhal is used as a mempool to ensure that the data submitted to the consensus is available, and Bullshark (or Tusk) then sets the standard for arranging that data so the consensus engine can read it. This is part of the directed acyclic graph (DAG) mempool, which is yet another innovation Sui offers. Coupled with its innovative scaling solution, it will presumably allow the blockchain to reach transaction speeds of over 297,000 transactions per second.

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  • Where Can You Buy Sui (SUI)?

    Sui Mainnet will launch on May 3, 2023.

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  • What is the all-time high price of Sui (SUI)?

    The all-time high of SUI was 1.72 USD on 2023-05-03, from which the coin is now down 18.6046511627907%. The all-time high price of Sui (SUI) is 1.72. The current price of SUI is down 18.6046511627907% from its all-time high.

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  • How much Sui (SUI) is there in circulation?

    As of , there is currently 1.30Bn SUI in circulation. SUI has a maximum supply of 10.00Bn.

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  • What is the market cap of Sui (SUI)?

    The current market cap of SUI is 1.81Bn. It is calculated by multiplying the current supply of SUI by its real-time market price of 1.40.

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  • What is the all-time low price of Sui (SUI)?

    The all-time low of SUI was 0.55799785 , from which the coin is now up 150.89702406559448%. The all-time low price of Sui (SUI) is 0.55799785. The current price of SUI is up 150.89702406559448% from its all-time low.

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  • Is Sui (SUI) a good investment?

    Sui (SUI) has a market capitalization of $1.81Bn and is ranked #65 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Sui (SUI) price trends and patterns to find the best time to purchase SUI.

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