Sui SUI Interest Rates: Lending, Staking & Live Prices

Price of Sui (SUI) Today

As of the latest data, Sui (SUI) is currently priced at $2.67 with a market capitalization of $9,680,733,631.31. The 24-hour trading volume stands at $1,885,753,123.00, The circulating supply of Sui is approximately 3625742933.075554. The cryptocurrency has seen a 0.1% increase in value over the past 24 hours.

Platform	Coin	Price
PrimeXBT	Sui (SUI)	1.98
YouHodler	Sui (SUI)	1.98
Binance	Sui (SUI)	1.98
BTSE	Sui (SUI)	1.98
Coinbase	Sui (SUI)	1.98
OKX	Sui (SUI)	1.98

Platform

Coin

Price

1.98

1.98

1.98

1.98

1.98

1.98

Latest Sui (SUI) Interest Rates

Sui (SUI) Lending Rates

Platform	Coin	Interest rate
Bitget	Sui (SUI)	Up to 2.5% APY

See all 5 lending rates

Sui (SUI) Staking Rewards

Platform	Coin	Staking rewards
Uphold	Sui (SUI)	Up to 1.7% APY
Ankr	Sui (SUI)	Up to 3.32% APY

See all 24 staking rewards

Sui (SUI) Borrowing Rates

Platform	Coin	Interest rate
Bitget	Sui (SUI)	From 28.12% APR

See all 1 borrowing rates

About Sui (SUI)

Sui (SUI) is an advanced blockchain designed to improve scalability and performance with its unique architecture. While details about its consensus mechanism and hashing algorithm remain undisclosed, Sui focuses on enabling high throughput and low-latency transactions, ideal for decentralized...

Sui (SUI) is set to address various applications across multiple sectors, utilizing its scalable blockchain to boost efficiency and user experience. A key application is in decentralized finance (DeFi), where Sui facilitates fast, secure transactions for lending, borrowing, and yield farming with...

The tokenomics of Sui (SUI) are structured to support its ecosystem through a well-defined supply mechanism and distribution model, though specific details on total supply and allocation percentages are not publicly disclosed.

Sui (SUI) features strong security measures designed to protect its network and ensure transaction integrity. While specifics about the consensus mechanism are not revealed, the platform is expected to employ advanced cryptographic techniques for data security and transaction validation.

The development roadmap for Sui (SUI) outlines strategic milestones aimed at enhancing its blockchain ecosystem. Key achievements include completing initial protocol designs and establishing foundational architecture, paving the way for future development phases.

How to Keep Your Sui (SUI) Safe?

To enhance the security of your Sui assets, consider using a hardware wallet, which provides a secure offline environment for storing private keys and reduces the risk of online hacks; reputable options include Ledger and Trezor. For private key management, ensure that your keys are stored in a secure location, such as a password manager or encrypted USB drive, and never share them with anyone. Be aware of common security risks, such as phishing attacks and malware, and mitigate these by enabling two-factor authentication (2FA) on all accounts and regularly updating your software. Implement multi-signature security options to require multiple approvals for transactions, adding an extra layer of protection. Lastly, establish a robust backup procedure by creating multiple copies of your wallet recovery phrases and storing them in secure, geographically diverse locations to safeguard against loss or theft.

How Sui (SUI) Works

Sui operates on a unique blockchain architecture designed for high throughput and low latency, leveraging a modular approach that separates the execution layer from the storage layer, allowing for efficient data management and scalability. Its consensus mechanism is based on a variant of Byzantine Fault Tolerance (BFT), which ensures that transactions are validated by a majority of nodes, enhancing resilience against malicious attacks. The transaction validation process involves a series of steps in which transactions are first proposed, then validated by the network nodes, and finally committed to the blockchain, ensuring that only legitimate transactions are recorded. Network security is reinforced through cryptographic techniques and decentralized governance, which collectively mitigate risks associated with centralization and enhance the integrity of the network. Unique technical features of Sui include its ability to support parallel transaction execution, significantly increasing processing speed, and its innovative use of stateful smart contracts that allow for more complex interactions and functionalities within the blockchain ecosystem.

Frequently Asked Questions About Sui (SUI)

What is Sui (SUI) and what are its main features?

Sui (SUI) is a layer-1 blockchain designed to provide high throughput and low latency for decentralized applications. Its key features include a unique Move programming language for secure smart contracts, scalability to handle large volumes of transactions, and an emphasis on user experience. Sui aims to enhance the performance of decentralized finance (DeFi) and gaming applications, making it a promising platform in the evolving blockchain ecosystem. Staying informed about Sui is essential as developments progress.

Sui Price (SUI)

Price of Sui (SUI) Today

Best Sui (SUI) Prices