SUI token
Overview
SUI is the native token of the Sui blockchain, a Layer 1 smart contract platform built with the Move programming language. It is used to pay for transaction fees, secure the network through staking, and participate in on-chain governance. SUI also serves as the principal asset for DeFi applications and NFT marketplaces built on the Sui ecosystem.
Within the DeFi Intel graph, SUI connects to 2 tracked entities, most strongly to Sui, Sui.
Relations
Top connections in the DeFi Intel knowledge graph (confidence-weighted, 2 of 2 total).
| Relation | Connected entity | Confidence |
|---|---|---|
issued_by | Sui | 90% |
deployed_on | Sui | 85% |
Frequently asked questions
What is SUI?
SUI is the native token of the Sui blockchain, a Layer 1 smart contract platform built with the Move programming language.
What is SUI used for?
SUI is used to pay for transaction fees, secure the network through staking, and participate in on-chain governance.
What ecosystem does SUI support?
SUI serves as the principal asset for DeFi applications and NFT marketplaces built on the Sui ecosystem.