SuiSUI
Market snapshot
Sui (SUI) ranks #29 by market capitalization, with a total market value of $4.1B. Over the past 24 hours its price rose 0.11%, trading between $0.9672 and $1.00, with $546.23M in trading volume. 4.12B SUI are in circulation — 41.2% of the maximum supply of 10B. The price is 81.4% below its all-time high of $5.35.
This summary is generated automatically from the live figures on this page and is not investment advice.
Market stats
- Market Cap
- $4.1B
- 24h Volume
- $546.23M
- 24h high
- $1.00
- 24h low
- $0.9672
- Circulating supply
- 4.12B SUI
- Max supply
- 10B SUI
- All-time high
- $5.35
- All-time low
- $0.3648
About Sui
Sui s a Layer 1 blockchain developed by Mysten Labs, a team founded by former lead engineers from Meta’s blockchain research division. It is designed for global adoption by providing a secure, high-speed environment for digital asset ownership and removing technical barriers for Web3 applications. The platform utilizes the Move programming language to create a safe framework and supports horizontal scaling to keep fees stable and speeds high as the network grows. Significant institutional support comes from major venture capital firms including Andreessen Horowitz, Coinbase Ventures, Circle Ventures, and YZi Labs.
The system functions by organizing data into independent objects rather than a single ledger of accounts. This object-centric data model enables parallel execution, allowing the network to process many transactions simultaneously instead of waiting for one to finish before starting the next. This architecture is built for rapid transaction finalization to ensure near-instant results. To maintain long-term stability, the network collects fees into a storage fund that rewards validators for keeping data on the network indefinitely.
Sui offers several advanced tools including zkLogin for easier account access and sponsored transactions that allow users to interact with apps without managing complex wallets or immediate fees. Developers can also create tailored object types that work across the entire network, which encourages innovation and deep composability. These features are designed to create a more user-friendly experience for interacting with decentralized applications and digital games.
The SUI token is central to the ecosystem, serving as the primary asset for transaction fees and on-chain utility within decentralized exchanges and lending platforms. Users participate in a proof-of-stake mechanism by locking their tokens to support validators and secure the blockchain in exchange for rewards. Additionally, token holders have a role in governance, allowing them to participate in voting on network rules and future protocol upgrades. Value moves through the system through these staking rewards and transaction fees to ensure the platform scales sustainably
Description courtesy of CoinGecko.
Key facts & links
- Categories
- Smart Contract PlatformBinance LaunchpoolLayer 1 (L1)Sui EcosystemCoinbase Ventures PortfolioProof of Stake (PoS)Andreessen Horowitz (a16z) PortfolioYZi Labs (Prev. Binance Labs) Portfolio
Official links
Understand these numbers
Market data by CoinGecko · Prices are for information only and are not investment advice.