Sui token
Overview
Sui is a Layer 1 blockchain and smart-contract platform developed by Mysten Labs. It uses a delegated proof-of-stake consensus and the Move programming language, designed for high throughput and low latency. The native token SUI is used for transaction fees, staking, and on-chain governance.
Within the DeFi Intel graph, Sui connects to 2 tracked entities, most strongly to Sui, Bucket Protocol BUCK Stablecoin.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
supports_token | Sui | 95% |
backed_by | Bucket Protocol BUCK Stablecoin | 90% |
Frequently asked questions
What is Sui?
Sui is a Layer 1 blockchain and smart-contract platform developed by Mysten Labs, using delegated proof-of-stake consensus and the Move programming language for high throughput and low latency.
What is the native token of Sui used for?
The native token SUI is used for transaction fees, staking, and on-chain governance.
What stablecoin is backed by Sui?
The Bucket Protocol BUCK Stablecoin is backed by Sui.