Layer 1 · Object-centric · Live since 2023

SuiNATIVE ASSET · SUI

A Layer 1 blockchain built by Mysten Labs around an object-centric data model, where state is held as distinct owned objects rather than one global account ledger. That design lets the network run many transactions in parallel, with simple transfers settling on a fast path in well under a second.

In the Zypto App Accepted as payment Not yet in the Zypto App Parallel execution

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ConsensusDPoSDAG-based ordering
Native assetSUIPays fees & staking
Max supply10B10,000,000,000 SUI
FinalitySub-secondOn the fast path
LanguageMoveAssets as objects
Mainnet2023Built by Mysten Labs
How it works

State as objects, run in parallel.

Sui organizes state as distinct objects instead of one global ledger. Because transactions that touch different objects do not conflict, the network can process many of them at once, and the simplest ones skip full ordering entirely. Four ideas make that work.

The object model

Every coin, token and asset on Sui is a distinct object with an owner and a unique ID, rather than a number in one shared account ledger. This is the defining design choice.

Parallel execution

Transactions touching different objects don't conflict, so Sui runs many of them at the same time. Throughput grows with the work, instead of forcing every transaction through one queue.

A fast path for simple sends

A transfer that only touches single-owner objects can take a fast path that skips full consensus ordering. That gives very low latency, with sub-second finality for common transactions.

Move smart contracts

Contracts are written in Sui Move, a language that treats assets as first-class typed objects. It is built for safer handling of digital assets, making accidental loss or duplication harder to express.

How a transaction settles
1

Broadcast

You sign a transaction that names the objects it touches and broadcast it to the validators. Naming the objects up front is what lets the network see whether it can run in parallel.

2

Fast path or consensus

If it only touches single-owner objects it takes the fast path, validated directly without full ordering. If it touches shared objects it goes through the DAG-based consensus to be ordered against others.

3

Finalize

Once enough validators confirm, the result is final and the objects are updated. On the fast path this happens in well under a second, with no long wait for confirmations.

The layers under the hood
Base layer
Objects, owners and IDs
State lives as distinct objects, each with an owner and a unique ID. Coins, tokens and NFTs are all objects, which is what lets the network reason about which transactions can run side by side.
Consensus
Delegated Proof of Stake, DAG ordering
Validators are chosen by stake delegated to them and order shared-object transactions through a DAG-based protocol in the Narwhal and Bullshark lineage, later upgraded to Mysticeti. Single-owner transfers can skip this step.
Contracts
Sui Move
Smart contracts are written in Move, where assets are first-class typed objects. The language is designed for safer handling of digital assets and powers apps from DeFi to gaming and NFTs.
What it supports natively
  • Fast transfers, single-owner sends on the low-latency path
  • Move contracts, with assets modeled as typed objects
  • Parallel execution, throughput that scales with workload
  • Delegated staking, securing the network and earning rewards

Sui builds the object model and parallel execution into the protocol, so consumer apps, gaming, DeFi, NFTs and payments stay fast even as activity grows.

Adoption & usage

How Sui is secured.

The qualities that describe Sui's design and how it is secured, the model, agreement and finality behind it, rather than the price.

View on suiscan.xyz
Network design
ExecutionParallelNon-conflicting txns
Fast-path finalitySub-secondSingle-owner sends
Data modelObject-centricOwned objects
Contract languageMoveSui Move
Network activity · since mainnetGrowing

A young, active network. Sui launched its mainnet in 2023 and has built out apps across DeFi, gaming, NFTs and payments since, with activity rising as more apps shipped.

Built byMysten Labs

A team that includes engineers who previously worked on the Diem and Libra projects and on the Move language.

Security · Delegated Proof of Stake
Validator selectionBy stakeDelegated to them
OrderingDAG-basedMysticeti
Native assetSUIStaked & delegated
Max supply10B10,000,000,000 SUI
Reliability
Running on mainnet since 2023
Validators chosen by delegated stake order shared-object transactions through a DAG-based consensus, while single-owner transfers settle on a faster path. Together they keep the network producing finalized transactions continuously.
Design noteSui splits transactions into two paths. The simplest, single-owner transfers, can settle without full consensus ordering for very low latency, while transactions that touch shared objects go through consensus so they stay correctly ordered against one another.
Ecosystem

What Sui is used for.

The object model and parallel execution suit apps that move a lot of state quickly. Here is where Sui is actually used, and how it reaches into the wider crypto economy.

sui.io

DeFi

Trading, lending and liquidity apps built in Move use the object model and parallel execution to handle activity without forcing everything through one queue.

Gaming & consumer apps

Low latency and assets as typed objects suit games and consumer apps, where many small interactions need to settle quickly and feel responsive.

NFTs

Because every asset is already an object with an owner and an ID, NFTs are a natural fit on Sui rather than a separate contract pattern bolted on.

Payments

Sub-second fast-path finality makes simple transfers quick and predictable, which suits everyday payments and sending value between people.

Where activity sits on the network
1DeFi on SuiTrading & liquidityLargest
2$Stablecoins on SuiIssued assetsActive
3GGaming & consumerObject-based appsGrowing
4NNFTsAssets as objectsActive
5PPaymentsFast-path transfersGrowing

A protocol built around objects

Unlike chains that track one global account ledger, Sui holds state as owned objects and runs non-conflicting transactions in parallel. Learn the basics in our crypto basics guides.

Network at a glance
Max supply10B10,000,000,000 SUI
Mainnet2023Built by Mysten Labs
In the Zypto App

Hold, send and spend SUI.

Sui is integrated. Self-custody SUI, send it in seconds on the fast path, swap to any supported asset, and spend SUI through Zypto Pay.

Available in the Zypto App · native asset & Sui tokens

SuiSUI$2.40+1.2%
Sui stablecoinsIssued on network
Sui tokensMove-based assets

Sui's native asset is SUI. Tokens and stablecoins on the network are Move-based objects and are held in self-custody, your keys, your coins.

Get SUI in Zypto App

Be the reason Sui ships next.

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Accepted as Payment

Pay bills, top-ups and 24,000+ products with SUI through Zypto Pay. Simple transfers settle in seconds on the fast path.

Swap & convert

CChangeNow LLetsExchange SSwapKit ZIn-app swap
Native Layer 1 settlement SUI settles natively on Sui. Simple single-owner transfers take the fast path for sub-second finality, while shared-object transactions go through the network's consensus to stay correctly ordered.

Swap SUI to any supported asset in seconds. Zypto routes the best path automatically across these providers and the in-app swap.

History & FAQ

A new Layer 1, plainly told.

Key milestones
2021
Mysten Labs founded
A team that includes engineers from the Diem and Libra projects and the Move language sets out to build a new Layer 1 around an object-centric model.
2022
Devnet and testnet
Sui's early networks open to developers, who start building Move apps and testing the object model and parallel execution ahead of launch.
2023
Mainnet launch
Sui goes live in May 2023 with SUI as its native asset, Delegated Proof of Stake security and a maximum supply of 10 billion SUI.
2024
Consensus upgrade
The network upgrades its DAG-based consensus toward Mysticeti, in the Narwhal and Bullshark lineage, improving how shared-object transactions are ordered.
2025
Ecosystem growth
Apps across DeFi, gaming, NFTs and payments continue to build on Sui, using the object model and parallel execution.
Key facts
Launched2023
Native assetSUI
ConsensusDelegated Proof of Stake
OrderingDAG-based (Mysticeti)
FinalitySub-second on fast path
Max supply10,000,000,000 SUI
LanguageMove (Sui Move)
Data modelObject-centric
Layer 1Object modelMoveParallel executionDPoS
What is Sui in one sentence?
Sui is a Layer 1 blockchain built by Mysten Labs around an object-centric data model, where state is held as distinct owned objects so non-conflicting transactions can run in parallel, with sub-second finality on the fast path and SUI as its native asset.
What makes Sui's object model different?
Instead of tracking one global account ledger, Sui organizes state as distinct objects, each with an owner and a unique ID. Because transactions that touch different objects don't conflict, the network can process many of them at the same time, which is the defining design choice behind Sui.
How does Sui reach such low latency?
Simple transfers that only touch single-owner objects take a fast path that skips full consensus ordering, giving very low latency. Transactions that touch shared objects go through the network's DAG-based consensus so they stay correctly ordered against one another.
What language are Sui contracts written in?
Smart contracts on Sui are written in Move, in a version called Sui Move. Move treats assets as first-class typed objects, which is aimed at safer handling of digital assets and makes it harder to accidentally lose or duplicate them.
Is Sui available in the Zypto App?
Yes. You can hold and self-custody SUI, send it in seconds, swap it, and spend it through Zypto Pay. For live prices and charts, see the SUI price page.
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