The emerging Move language-based blockchain Sui officially launched its mainnet on May 3, with SUI tokens now tradable on major exchanges like Binance, OKX, and Bybit. According to Binance data, SUI surged to $2 post-listing—a 2000% increase from its opening price.
1. Sui Blockchain Overview
Developed by Mysten Labs, Sui is a Layer1 public blockchain designed to address scalability issues in existing networks. Key innovations include:
- Instant transactions with high throughput (~297,000 TPS peak).
- Low latency and cost—ideal for mass adoption.
- Native asset (SUI) for staking, fees, and governance.
2. SUI Tokenomics
- Total Supply: 100 billion SUI.
Allocation:
- 50% Community Reserve
- 20% Early Contributors
- 14% Investors
- 10% Mysten Labs Treasury
- 6% Community Access Program
3. Post-Launch Performance
- Price: Peaked at $2 (1,460% avg. gain).
- Speed: Reached 18 TPS within 6 hours (vs. Ethereum’s 24 TPS).
- No Perpetual Contracts: Temporarily restricted by Sui’s team.
4. Where to Trade SUI
Here’s a verified list of exchanges offering SUI pairs:
| Exchange | Trading Pairs | Special Notes |
|----------------|------------------------|----------------------------|
| Binance | SUI/USDT, SUI/BNB | Launchpool rewards available|
| OKX | SUI/USDT | Supports IEO via JumpStart |
| Bybit | SUI/USDT | Whitelist认购机制 |
| Huobi | SUI/USDT | 提币延迟至次日20:00 |
| KuCoin | SUI/USDT | Excludes mainland users |
5. FAQs
Q: Is there a SUI airdrop?
A: No official airdrop—beware of scams. However, the Community Access Program allows qualifying users to buy SUI at $0.03.
Q: Why is Sui faster than Aptos?
A: Sui’s architecture optimizes for parallel transaction processing, achieving higher TPS (18 vs. Aptos’ 9 at launch).
Q: Which exchanges support SUI IEO?
A: OKX, Bybit, and KuCoin—with OKX being the only one accessible to mainland users.
Final Notes
Sui’s mainnet debut marks a milestone for scalable blockchain solutions. For traders, sticking to top-tier exchanges ensures security and liquidity. Stay updated as Sui’s ecosystem evolves!
🚀 Pro Tip: Use staking or IEO participation to maximize gains with lower risk.