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Sui Price Today

SUI
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Sui (SUI)

What is Sui?

Sui is a Layer 1 network from Mysten Labs (team roots in Meta’s Diem/Novi research) that leans on the Move language and an object-centric ledger: accounts and assets are modeled as objects with explicit ownership, which helps the chain execute transactions in parallel when they touch disjoint state—an approach aimed at high throughput without forcing every dapp into the same global ordering bottleneck.

SUI pays for gas, secures the network via staking, and participates in protocol-level incentives. Notable product ideas include zkLogin (easier onboarding with familiar identity providers, with trade-offs users should understand) and sponsored transactions (apps can subsidize fees). A storage fund ties long-lived on-chain data to ongoing validator incentives so state growth does not silently externalize costs.

Sui competes in a crowded L1 market: developer traction, wallet UX, and DeFi depth matter as much as raw TPS claims. Treat roadmap marketing skeptically and verify live metrics, decentralization assumptions, and contract risk for any app you use.

Key Facts & Snapshot

  • Symbol: SUI
  • CoinGecko id: sui
  • Market cap rank (CoinGecko): #31
  • Categories: Smart Contract Platform, Binance Launchpool, Layer 1 (L1), Sui Ecosystem, Coinbase Ventures Portfolio, Proof of Stake (PoS), Andreessen Horowitz (a16z) Portfolio, YZi Labs (Prev. Binance Labs) Portfolio, GMCI Layer 1 Index, Circle Ventures Portfolio, GMCI Index, Made in USA
  • Circulating supply (snapshot): 3,953,388,932
  • Total supply (snapshot): 10,000,000,000
  • Max supply (snapshot): 10,000,000,000
  • All-time high (USD, CoinGecko): $5.35 (Jan 4, 2025)
  • All-time low (USD, CoinGecko): $0.3648 (Oct 19, 2023)

Market (USD snapshot)

  • Market cap (USD, snapshot): $3.60B
  • 24h volume (USD, snapshot): $315.93M
  • Fully diluted valuation (USD, snapshot): $9.12B
  • 24h price change (snapshot): -2.43%

Community & code (CoinGecko)

  • GitHub stars (main repo, CoinGecko): 5,403
  • GitHub forks (main repo, CoinGecko): 12,286
  • GitHub commits (last ~4 weeks, CoinGecko): 219

Contract addresses (by platform)

  • sui: 0x0000000000000000000000000000000000000000000000000000000000000002::sui::SUI

Official & Community Links

Learn More

Frequently Asked Questions

What is Sui and what makes it different from other blockchains?
Sui is a Layer 1 smart contract platform that operates on a Proof of Stake consensus mechanism. It’s backed by major venture capital firms including Andreessen Horowitz, Binance Labs, Coinbase Ventures, and Circle Ventures, and was developed in the USA.
How much has Sui's price changed since its all-time low?
Sui reached an all-time low of $0.3648 on October 19, 2023, and hit an all-time high of $5.35 on January 4, 2025. The current price represents significant appreciation from its lowest point, though it recently declined 2.43% in the past 24 hours.
How many SUI tokens are currently in circulation?
There are currently 3,953,388,932 SUI tokens in circulation out of a total supply of 10 billion tokens. This means approximately 39.5% of the maximum supply has been released.
Is Sui risky as an investment given its token supply structure?
Sui has significant unlock risk with only 39.5% of its 10 billion token maximum supply currently circulating, meaning over 6 billion tokens could enter circulation over time and potentially dilute value. Additionally, it experienced a 2.43% price drop in 24 hours and remains subject to the volatility common in Layer 1 blockchain projects.
What is Sui's current market position among cryptocurrencies?
Sui ranks #31 by market capitalization with a market cap of $3.60 billion and $315.93 million in 24-hour trading volume. It’s included in major crypto indexes like GMCI Layer 1 Index and GMCI Index.

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