Sui
Blockchains
Web3 power with Web2 simplicity: Lightning-fast blockchain for the everyday world.
Founders
Evan Cheng (Co-founder & CEO)
Adeniyi Abiodun (Co-founder & CPO)
Sam Blackshear (Co-founder & CTO)
George Danezis (Co-founder & Chief Scientist)
Kostas Chalkias (Co-founder & Chief Cryptographer)
Launch Date
2022
Key Investors
Andreessen Horowitz
Redpoint
Lightspeed Venture Partners
Coinbase Ventures
Electric Capital
and more
About
Sui is a revolutionary Layer 1 blockchain delivering Web3 benefits with Web2 ease. Featuring unparalleled performance (297,000 TPS, ~400ms finality), it enables secure on-chain assets with instant settlement through its Move programming language. Sui excels in gaming, finance, and commerce with low, predictable fees and familiar user experiences via zkLogin. The Mysticeți consensus protocol ensures industry-leading latency while the ecosystem supports developers with comprehensive resources, funding, and community engagement across 44.7M active accounts and 8.3B transactions.
44M
total active accounts
8.3B
total transactions processed
Use Cases
- Seamless Web3 Gaming - Game developers can create web3 games with tradable in-game assets, leveraging zkLogin for easy player onboarding and Sui's low fees and near-instant transactions for smooth gameplay.
- Decentralized Finance Platform - Financial institutions can build DeFi applications with Sui's native central limit order book, low fees, and near-instant settlement to enable efficient trading and asset management.
- Digital Asset Marketplace - Brands can create marketplaces with customizable transfer policies using Kiosk, ensuring royalty payments while offering dynamic and composable digital assets that enhance customer engagement.
- Enterprise Authentication Solution - Businesses can implement zkLogin to allow users to authenticate with familiar web credentials (Google, Facebook), eliminating seed phrases while maintaining self-custody of digital assets.
Core Blockchain Features
- Sui employs a DAG-based consensus protocol called Mysticeti for low latency
- It uses Move, an inherently secure programming language for smart contracts
- Sui offers zkLogin for authentication using web credentials
- The platform supports customizable trade and transfer policies through Kiosk
- Sui achieves approximately 400ms average time to finality
Web3 and Crypto Use Cases
- Sui supports tradable in-game assets for gaming
- It facilitates low fees and near-instant settlement for finance applications
- Sui enables greater customer engagement and value for commerce
- The network has processed 8.3B total transactions
- Sui has 44.7M total active accounts
Trusted by
Alibaba, gumi, Franklin, Netmarble, Bluefin, gree, Xociety, Suilend, Aftermath, Oracle Red Bull Racing
You may also like
View All
Get in touch with our team
Stableguide Submission Form