Sui SUI

1. Summary

Ranks

Liquidity

99

Developer

99

Social

99

Momentum (beta)

39

Stack Rank™

87

Price

$0.78 +3.1%

Market Cap

$1.96B (#45)

Supply

2.34B / 10.00B

Tags

Smart Contracts Binance Launchpool Layer 1 (L1) Sui Ecosystem Coinbase Ventures Portfolio Andreessen Horowitz (a16z) Portfolio Binance Labs Portfolio

More Metrics

Price
52W High price	$2.09
52W High date	28th Mar 2024 (3 months ago)
All Time High (ATH) Date	27th Mar 2024 (3 months ago)
ATH Price	$2.17
% From ATH	-54.77%
All Time Low (ATL) Date	19th Oct 2023 (9 months ago)
ATL Price	$0.36
% From ATL	169.16%

Supply & Trading Volume
Trading Volume (24h)	$109.05M
Total Supply	10.00B
Max Supply	10.00B
Circulating Supply	2.34B

Less Metrics

Description

Object-Centric Design

Read More

Object-Centric Design

Sui uses objects as its basic unit of data storage rather than accounts. These programmable objects represent user-level assets and have distinct attributes, including ownership, whose values can be updated based on the governing logic of the smart contract that created them. Objects and their attributes are stored directly on-chain.

Owned and Shared Objects

Most assets on Sui are owned by a single address. Transferring ownership simply requires a change of that value. Transactions that are independent of any other action being performed on the network, such as an asset transfer, are considered simple or “single-writer” transactions and can be processed without going through consensus. Some assets have shared ownership, meaning multiple accounts must authenticate a transaction that changes data related to the object. These transactions are considered complex and must be validated through consensus.

Composable Objects

Objects on Sui can own other objects, allowing them to combine into a whole new asset, often referred to as composable assets.

Programmable Transaction Blocks

Sui uses Programmable Transaction Blocks, which are heterogeneous and can access any public on-chain Move function across all smart contracts. Within a single Programmable Transaction Block, typed outputs from earlier on-chain Move calls can be chained as typed inputs to later on-chain Move calls. These types can be arbitrary Sui objects that carry a rich set of attributes and properties.

Atomic Guarantee

Chained transactions in a Programmable Transaction Block execute and fail atomically, meaning they cannot be partially processed. This provides a convenient and intuitive programming model, as well as strong guarantees for payment or finance-oriented applications.

Coin Management

Programmable Transaction Blocks leverage gas smashing to simplify coin management. Dust coins, remainder amounts of negligible value, are merged at the end of execution before transaction results are returned.

Parallel Processing

Most blockchain transactions are simple transactions, such as asset transfers, peer-to-peer payments, and minting NFTs. Sui uses an algorithm known as “Byzantine Consistent Broadcast” to process these transactions in parallel, maintaining low latency and high throughput without requiring global consensus.

Horizontal Scalability

Sui is horizontally scalable to support a wide range of application development with unrivaled speed at low cost.

Show Less