Best Sui Projects 2025: Top DApps, NFTs and Wallets Revealed

By Dario

Last Updated: Oct 23, 2024

Co-author

By Anthony Clarke

Best Sui Projects

As we step into 2025, the Sui blockchain is starting to carve out its place in the crypto space. It might not be the largest ecosystem yet, but with its object-centric model and parallel execution, Sui is making a case for itself as a platform to watch.

The best Sui projects this year are a mix of decentralized applications (DApps), NFTs, and wallets that show off the potential of this emerging blockchain. The top Sui DApps today may not be revolutionary in concept, but they’re steadily building a foundation for what could be an exciting future on the revolutionary Sui blockchain. So, if you’re looking to explore decentralized applications or just need a secure wallet, this guide will walk you through the notable projects making waves on the Sui network.

Best Sui Projects 2025: Summary

In this article, we’ve uncovered the best Sui projects of 2025, showcasing top DApps, cutting-edge NFTs, and reliable wallets. This guide is your one-stop resource for navigating the evolving Sui ecosystem.

Sui DApps: Key Highlights

  • Sui is a Layer 1 blockchain making waves in the Web3 space with its innovative approach to speed, scalability, and security.
  • This comprehensive guide explores the top Sui projects across various sectors like DeFi, NFTs, Gaming, and more.
  • Discover the leading DApps revolutionizing finance on Sui, including platforms for lending, borrowing, and Decentralized Exchanges.
  • We’ll showcase the most promising NFT projects on Sui, from digital art to gaming, pushing the boundaries of digital asset ownership.
  • Learn about the safest and most user-friendly Sui Wallets to secure your assets in this exciting new ecosystem.
  • This guide provides insights into the future of Sui projects, predicting trends and highlighting upcoming opportunities within the Sui ecosystem.

Discovering the Top Sui DeFi Projects in 2025: A Comprehensive List

The world of DeFi on Price Volume in 24h Price 7d Buy Now! is still in its early stages, but a handful of projects are laying down the groundwork. Below, we’ve listed the top Sui DeFi projects that are helping to shape the future of decentralized finance on Sui.

  • NAVI is positioning itself as a liquidity hub on Sui, offering users access to a decentralized marketplace for asset exchange. It’s early days, but NAVI aims to create seamless and efficient liquidity solutions.
  • Suilend is a lending protocol focused on delivering decentralized lending and borrowing services. The project is designed to offer users the ability to collateralize their assets and access liquidity without relying on traditional financial institutions.
  • Cetus is one of Sui’s few automated market makers (AMMs), enabling users to trade tokens with low slippage. It’s still gaining traction, but its simplicity and focus on efficiency make it one to watch in 2025.
  • Scallop Lend, another lending platform on Sui, aims to make decentralized borrowing more accessible. While it’s not a game-changer just yet, its user-friendly interface and focus on accessibility give it potential for growth.
  • SuiNS provides blockchain-based identity solutions, allowing users to register human-readable names linked to their wallet addresses. It’s a small but practical tool that could become a staple for those looking to simplify their blockchain interactions.

Top DApps in The Sui Ecosystem: Reviewed

Below, we dive into a few of the top Sui DApps, reviewing their features, pros, and cons to give you a clear picture of what they bring to the table. The applications here aren’t reinventing the wheel, but they’re proving that Sui’s parallel execution and scalability can bring real benefits in improving on what their predecessors built on legacy blockchains.

As more developers start exploring what’s possible on Sui, expect this space to keep evolving. In the meantime, here’s a closer look at one of the top Sui DApps making waves.

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Top Sui DApp: NAVI Protocol

NAVI Protocol has positioned itself as one of the most robust DeFi platforms in the Sui ecosystem, offering more than just lending and borrowing. It supports collateralized lending for a variety of assets, including SUI, USDC, USDT, and wrapped versions of Ethereum and Bitcoin. NAVI introduces innovative features like isolated lending pools, flash loans, and cross-chain lending/borrowing, making it a dynamic player in the decentralized finance (DeFi) space on Sui.

Top SUI Dapp
Navi Homepage. Image Source: Navi

NAVI has gained notable traction, crossing $480 million in Total Value Locked (TVL)—a sign that the protocol is being embraced by users. What makes NAVI stand out is its nod to Aave, a DeFi pioneer, with a motto that reads, “Inspired by AAVE, Built for the Future.” But NAVI isn’t just mimicking what Aave did on Ethereum—it’s improving upon it with Sui’s advanced technology and security features. Here’s a breakdown of what NAVI brings to the table:

Key Features

  • Leveraged Vaults: Allows users to borrow assets at low APRs and farm rewards with higher yield strategies, such as Liquid Staked Assets and LP Tokens.
  • Isolation Mode: Ensures new assets are listed securely, with no systemic risk to the protocol. Assets must be approved by NAVI Governance for collateral use.
  • Versatility: NAVI offers a customizable interest rate curve and flexible asset support, backed by Sui Oracle partners and TWAP oracles. Integrations with DeepBook and AMMs ensure efficient liquidation.
  • Improved Liquidation Risk Control: NAVI can swiftly identify and handle liquidation events using diverse, high-quality price data, leveraging DeepBook’s open liquidation system.
  • Fortified Security & Capital Efficiency: Traders enjoy minimal fees and competitive interest rates while accessing yield-bearing tokens for higher returns—all within the secure Move ecosystem.

Pros:
  • Advanced features like leveraged vaults and isolated pools.
  • Strong focus on security, backed by audits from OtterSec and Movebit.
  • High TVL growth, showing strong user adoption.
  • Cross-chain support expands the protocol’s reach beyond just Sui.

Cons:
  • As with many emerging platforms, liquidity depth can be a challenge in the early stages.
  • Governance reliance means that users must trust in the approval process for new assets, which can slow down platform adaptability.

NAVI’s infrastructure is secured with supply limits and price oracles, minimizing exposure to asset volatility and mitigating liquidation risks. Partnerships with oracles like Supra and high-profile backers such as OKX Ventures and Dao5 only bolster NAVI’s credibility. NAVI Protocol offers a secure and high-performance platform that aligns perfectly with Sui’s future-forward ecosystem.

Suilend

Suilend is one of the first decentralized lending and borrowing protocols on the Sui blockchain, designed to offer a simple yet powerful way for users to access liquidity. By allowing users to collateralize their assets—whether it’s SUI, USDC, or other supported tokens—Suilend helps individuals and institutions tap into their digital holdings without selling them. It’s not just another DeFi protocol. Suilend aims to lower the barrier to entry for DeFi by making the process of borrowing and lending easy and accessible, all while maintaining Sui’s emphasis on speed and scalability.

Suilend Sui Dapp
Suilend Homepage. Image Source: Suilend

What makes Suilend stand out in the growing Sui DeFi space is its focus on simplicity and user control. It’s built for users who want to access liquidity without complicated interfaces or excessive fees. With a focus on providing a frictionless experience for new and experienced DeFi users alike, Suilend is positioned to grow as the Sui ecosystem matures.

Key Features

  • Collateralized Loans: Users can borrow against assets like SUI, USDC, and other supported tokens without selling their holdings.
  • Simple, User-Friendly Interface: Suilend is designed with accessibility in mind, making DeFi borrowing and lending easy for all users.
  • Low Fees: Competitive rates and low transaction costs, leveraging Sui’s high throughput to offer smooth and affordable transactions.
  • Decentralized Control: Users maintain full control over their assets, with borrowing and lending processes fully decentralized.

Pros:
  • Easy to use, even for DeFi newcomers, with a simple interface.
  • Competitive interest rates and low fees, thanks to Sui’s scalability.
  • Decentralized and transparent, keeping users in full control of their assets.
  • Fast and efficient, benefiting from Sui’s parallel execution for smooth transactions.

Cons:
  • Limited asset support compared to more established DeFi platforms.
  • Early-stage platform, so liquidity may still be growing.
  • Lacks some of the more advanced DeFi features that experienced users might expect.

With its focus on accessibility and user control, Suilend is a promising project in the Sui ecosystem. As Sui continues to grow, Suilend’s straightforward approach to decentralized lending and borrowing could make it an attractive option for users looking to tap into their digital assets without the complexity often found in DeFi platforms.

Cetus

When it comes to decentralized exchanges (DEXs) on Sui, Cetus leads the pack. With a Total Value Locked (TVL) of $255 million, Cetus stands out as a critical player in the Move-based ecosystem, which also includes Aptos. But Cetus isn’t just about volume—it’s about creating a more adaptable and robust liquidity network. This DEX focuses on making trading and liquidity provision easier and more efficient for users. Cetus is designed to deliver a smooth, permissionless trading experience with features that rival even some centralized exchanges (CEXs).

Cetus Sui AMM
Cetus Homepage. Image Source: Cetus

Cetus offers flexibility through its concentrated liquidity model, which allows users to deploy multiple trading strategies, including swaps, limit orders, and range orders. It’s programmable, composable, and sustainable—all with the goal of building a next-gen trading environment that’s easy to use and highly functional.

Key Features

  • Permissionless: All major tools and functionalities are permissionless, meaning other projects can build on top of the Cetus protocol.
  • Programmable: Cetus allows for customizable trading strategies like swaps, range orders, and limit orders, closely mirroring a CEX trading experience.
  • Composable: With “Liquidity As A Service,” Cetus makes it easy for developers to integrate its liquidity into their own platforms.
  • Sustainable: Cetus uses a dual-token model (CETUS and xCETUS) to maintain long-term incentivization, rewarding users for active participation.

Pros:

  • Permissionless and programmable, allowing for easy integration with other apps and custom trading strategies.
  • A concentrated liquidity model makes the trading experience efficient and adaptable.
  • Strong focus on sustainability with its dual-token system, which keeps incentives aligned with protocol growth.
  • Audited by OtterSec and Movebit, adding an extra layer of security.

Cons:

  • As an emerging platform, Cetus may face liquidity challenges in comparison to more established DEXs on larger blockchains.
  • The complexity of advanced features like range orders could make it slightly overwhelming for newcomers to DeFi.

Cetus has garnered backing from key players and continues to build out a comprehensive DeFi suite, including features like swap, earn pools, farms, and even a launchpad. For those looking to dive into decentralized trading on Sui, Cetus offers a blend of high performance and flexibility, all while maintaining the decentralized ethos of permissionless finance.

Scallop Lend

As one of the largest lending platforms in the Sui ecosystem, Scallop Lend boasts $244 million in Total Value Locked (TVL) at the time of writing. Scallop refers to itself as a “next-generation money market,” and it’s not just another standard DeFi platform. It emphasizes institutional-grade quality, composability, and top-tier security, positioning itself as a critical player in Sui’s blockchain ecosystem.

Scallop
Scallop Homepage. Image Source: Scallop

Scallop Lend’s unique architecture allows it to offer high scalability and low fees, making it a preferred choice for users looking to lend and borrow digital assets efficiently. Moreover, it was the first DeFi protocol to receive an official grant from the Sui Foundation, marking its importance in the growth of Sui. Scallop provides an innovative suite of tools that sets it apart from typical DeFi lending platforms.

What makes Scallop stand out is its ability to cater to both individual users and institutional clients, providing advanced features like Sui Programmable Transaction Blocks (PTxs) and a Scallop SDK for interacting with the protocol. For those seeking more flexibility in transactions, Scallop offers sCoins (Scallop Market Coins) to enable zero-cost flash loans—an appealing feature for DeFi enthusiasts.

Key Features

  • Institutional-Grade Lending Platform: Designed for high scalability, security, and composability, catering to both individual and institutional users.
  • Sui Integration: Offers tools like Sui Programmable Transaction Blocks (PTxs) and an SDK for developers to interact with the platform.
  • Zero-Cost Flash Loans: Facilitated by sCoins, offering flexibility and efficiency in DeFi transactions.
  • Scalable and Low Fees: The platform leverages Sui’s architecture to maintain low transaction costs, making it highly accessible.

Pros:
  • Leading TVL in Sui’s DeFi space, showcasing strong user confidence and adoption.
  • Innovative features like zero-cost flash loans and advanced SDKs for developers.
  • Institutional-grade security, making it reliable for larger players in the DeFi market.
  • Backed by a grant from the Sui Foundation, signaling its importance in the ecosystem.

Cons:
  • As a growing platform, liquidity depth might still need to expand to accommodate larger market demands.
  • Complex features such as the SDKs and programmable transaction blocks may be less intuitive for new DeFi users.

Scallop is playing a pivotal role in making the Sui ecosystem accessible to both developers and users. With future plans to reward its early users with its native token SCA, Scallop is fostering a community that values security, innovation, and growth.

SuiNS – Sui Naming Service

In the world of Web3, naming services are the new domain names, and Sui Naming Service (SuiNS) is leading the way for the Sui blockchain. Much like Ethereum Name Service (ENS) or Solana Naming Service, SuiNS simplifies the complexity of blockchain interactions. Imagine trying to send funds to a long, impossible-to-remember string of characters versus sending it to Bob.sui. The difference? A safer, smoother experience for users. This isn’t just a convenience; it’s a security upgrade.

SuiNS
SuiNS. Image Source: SuiNS

By allowing users to create human-readable names for blockchain addresses, SuiNS reduces the chance of mistakes and significantly lowers the risks of phishing scams or poisoned wallets. With SuiNS, sending and receiving cryptocurrencies becomes more accessible for everyday users, simplifying wallet management and transactions across the Sui ecosystem.

SuiNS, developed by Mysten Labs, goes beyond just wallet addresses. It’s also building a framework for unified digital identities across the Web3 ecosystem. This means one name can connect multiple blockchain addresses and decentralized websites, giving users control over their digital footprint.

Key Features

  • Simplified Wallet Addresses: Converts long, complex blockchain addresses into human-readable names, reducing errors and increasing security.
  • Unified Digital Identity: A single name can point to multiple blockchain addresses, streamlining wallet and identity management.
  • Decentralization: Operates on a decentralized network, giving users full ownership and control of their domains.
  • Interoperability: Built to integrate seamlessly with decentralized apps (DApps), wallets, and other blockchain services.
  • Enhanced Security: Blockchain-based DNS records offer more resistance to hacking and tampering than traditional systems.

Pros:
  • Simplifies transactions, making blockchain more accessible to everyday users.
  • Increases security by reducing the chance of address input errors and phishing attacks.
  • Decentralized ownership allows users full control over their domain names.
  • Highly interoperable across Web3 platforms, enhancing user experience.

Cons:
  • Still in early stages of adoption, so widespread use may take time.
  • Limited awareness compared to larger naming services like ENS.

As the Sui ecosystem grows, SuiNS is well-positioned to become the go-to naming service for users looking to simplify their blockchain interactions. With the potential to boost both security and ease of use, SuiNS is making Web3 more accessible for everyone.

Leading NFTs on Sui

The Sui blockchain may still be maturing, but its NFT ecosystem is already showing exciting growth. While it’s not yet competing with Ethereum or Solana in terms of sheer volume, Sui’s emphasis on scalability, speed, and low fees make it an attractive platform for non-fungible token (NFT) development. From art collections to gaming assets, the Sui network is steadily attracting NFT projects that leverage its unique features like parallel transaction execution and Move programming language.

In this section, we’ll dive into the top NFTs on Sui, focusing on the projects that are shaping the future of digital collectibles and decentralized art on this fast-emerging blockchain.

Fuddies

Fuddies is one of the standout NFT collections on the Sui blockchain, consisting of 10,000 animated owl avatars. Minted on the same day as the Sui mainnet launch, this project grabbed attention with its quirky approach, capitalizing on the widespread use of FUD memes during a meme-heavy period in the crypto community. The anonymous team behind Fuddies has embraced a fun, satirical marketing approach, which has helped propel the project into the spotlight.

Fuddies
Fuddies NFT collection. Image Source: BlueMove

Despite some community concerns about its pricing and floor price drops, Fuddies has built a strong following on social media, backed by Mysten Labs and the Clutchy marketplace. The project has established itself as one of the most prominent collections on Sui, thanks to its unique aesthetic and its ability to tap into meme culture. If you’re looking to get into the meme coin action on Sui, be sure to check out our Top Sui Meme Coins article.

Key Features

  • 10,000 Unique Owl Avatars: A distinct animated owl design for each avatar, creating a memorable and collectible PFP series.
  • FUD Meme Theme: Centered around FUD (Fear, Uncertainty, Doubt), leveraging crypto meme culture for its marketing.
  • Mysten Labs Backing: Supported by Sui’s leading development team and launched on the Clutchy marketplace.
  • Active Community: Over 46K Twitter followers and 26K Discord members, maintaining strong engagement despite price fluctuations.

Pros:
  • Early mover advantage: One of the first major NFT projects on Sui, launched alongside the Sui mainnet.
  • Memorable branding: Taps into popular crypto meme culture, making it relatable and fun for users.
  • Strong backers: Promoted by Mysten Labs and the Clutchy marketplace, giving it credibility within the Sui ecosystem.
  • Engaged community: A large following on Twitter and Discord helps foster long-term interest.

Cons:
  • Price drop: The floor price has dropped from the initial 300 SUI to 94 SUI, which has raised concerns within the community.
  • Anonymous team: While anonymity is common in the crypto space, it may cause hesitation for some potential investors.
  • Market fluctuations: Like many NFT projects, Fuddies has faced volatility in both its floor price and trading volume.

SuiFrens

Created by Mysten Labs, SuiFrens is an NFT collection that’s as much a statement about the Sui blockchain as it is a fun collectible. The collection features three distinct characters: Capybara, Narwhal, and Bullshark—each symbolizing different components of Sui’s architecture. Capybaras represent Sui Move, the programming language, Bullsharks symbolize Sui’s mempool, and Narwhals embody Sui’s consensus engine. These NFTs are designed to showcase Sui’s flexibility, scalability, and the combinability of digital assets.

SuiFrens
SuiFrens Homepage. Image Source: SuiFrens

One of the unique aspects of SuiFrens is the absence of ownership limits—users can own as many as they like, making it a highly accessible NFT collection. Despite the large supply, SuiFrens has managed to maintain a strong community presence, and the floor price has seen a significant rise since its initial mint, a testament to its growing popularity.

Key Features

  • Three Iconic Characters: Each character—Capybara, Narwhal, and Bullshark—represents a key component of Sui’s blockchain architecture.
  • Unlimited Ownership: Users can own and trade as many SuiFrens as they want, making it one of the most accessible collections on Sui.
  • Showcase for Sui Move: SuiFrens serves as a demonstration of the flexibility and scalability of assets on Sui’s platform.
  • Mysten Labs Creation: Backed by the developers behind Sui, giving it strong credibility in the ecosystem.

Pros:
  • Strong growth: Floor price has increased by 2.4x from its initial mint price.
  • Represents Sui’s architecture: Each character connects to a vital part of Sui’s blockchain, making it more than just a collectible.
  • No ownership limits: High accessibility for collectors.
  • Backed by Mysten Labs: Developed by the same team behind Sui, adding credibility and trust to the project.

Cons:
  • High quantity: With an unlimited supply, long-term liquidity could be a challenge as the NFT market saturates.
  • Community engagement: While there’s strong early interest, the project’s long-term appeal might depend on continued community engagement and new developments.

Sips

Sips is one of the freshest NFT collections on the Sui blockchain, offering a fun and vibrant array of 5,555 drink-themed images. Launched on May 31st exclusively through the Clutchy marketplace, Sips has quickly gained popularity among NFT enthusiasts. Each NFT in the collection showcases a colorful and expressive drink, making it a unique addition to the growing Sui NFT ecosystem.

Sips
Sips NFT Collection. Image Source: BlueMove

What makes Sips stand out is its impressive market performance. Starting with a mint price of just 0.1 SUI, the floor price has increased significantly, demonstrating strong demand. Although it doesn’t have backing from major names, Sips has partnered with Ethos, allowing users to buy and trade NFTs using Ethos wallets. Despite being a relatively new collection, Sips has proven to be profitable, but its long-term success will depend on continued user engagement and new developments.

Key Features

  • 5,555 Unique Drink-Themed NFTs: Colorful and expressive drink images, offering something fresh and fun in the Sui NFT space.
  • Exclusive Launch on Clutchy: Launched via Clutchy, Sui’s dedicated NFT marketplace.
  • Ethos Wallet Integration: Allows users to trade and purchase NFTs using Ethos wallets, expanding accessibility.
  • Strong Market Performance: The floor price has risen from 0.1 SUI to 3.42 SUI, showcasing substantial growth.

Pros:
  • Strong growth: Floor price has increased by 34.2x since the initial mint, indicating high profitability.
  • Fun and Unique Theme: The drink-themed artwork adds a playful element to the Sui NFT scene.
  • Ethos partnership: The integration with Ethos wallets makes trading and purchasing more accessible.
  • Engaged community: With nearly 9,000 Discord members and a strong Twitter following, Sips has a vibrant and active community.

Cons:
  • Lack of major backers: No significant partnerships or backers, which might impact long-term stability.
  • Potential decline: Without additional user benefits or ongoing updates, the project may struggle to maintain its current momentum.
  • Relatively new: As a newer collection, Sips still needs to prove its staying power in the long term.

Wallets

Navigating the Sui blockchain requires a secure, reliable wallet that supports Sui’s native tokens and assets. If you’re trading, staking, or managing NFTs, having the right wallet can make a world of difference. Below, we explore some of the best wallets for the Sui blockchain, from dedicated Sui-native wallets to multi-chain wallets that offer broad support.

Ethos Wallet

Ethos is a wallet built specifically for the Sui ecosystem, making it a must-have for anyone deeply involved in Sui. It’s designed with Web3 in mind, enabling users to easily interact with decentralized applications (DApps), trade NFTs, and stake SUI tokens. Ethos prioritizes ease of use, with a simple onboarding process and strong security features to protect users’ assets.

Key Features:

  • Native Sui support, optimized for Sui-based DApps and NFTs.
  • Built-in staking for SUI, allowing users to participate in the network.
  • Seamless integration with Sui’s NFT ecosystem, including projects like SuiFrens and Fuddies.

Ethos Wallet
Ethos Wallet Homepage. Image Source: Ethos

Suiet Wallet

Suiet Wallet is another native wallet built specifically for Sui, offering a streamlined experience for interacting with the Sui blockchain. It supports everything from Sui-based NFTs to token management, and it’s designed to handle the rapid transaction speeds that Sui offers.

Suiet Wallet
Suiet Wallet. Image Source: Suiet

For users looking for a wallet tightly integrated with the Sui ecosystem, Suiet is a top choice.

Key Features:

  • Full integration with Sui’s blockchain network, supporting tokens and NFTs.
  • User-friendly design with support for staking and DApp interaction.
  • Strong security features, protecting users from hacks and phishing attacks.

Sui Wallet

Sui Wallet is the official wallet developed by Mysten Labs, offering native support for all things Sui. It’s a lightweight, non-custodial wallet designed to interact smoothly with the entire Sui ecosystem.

Sui Wallet
Sui Wallet Homepage. Image Source: Sui Wallet

Whether you’re managing Sui-based assets or exploring Sui DApps, this wallet is built to provide seamless functionality. Users can stake their SUI tokens directly, trade NFTs, and more—all within a simple and secure interface.

Key Features:

  • Native support for Sui tokens, NFTs, and DApps.
  • Non-custodial with full control over your private keys.
  • Built-in staking and governance functionality for SUI token holders.

The wallet mentions above are Sui-specific wallets, if you are looking for a solid multi-chain wallet, below are our top picks:

Best Wallet
Type:
Hot Wallet + DEX
Exodus
Type:
Web wallet
Zengo
Type:
Mobile wallet & Exchange
Ellipal
Type:
Hardware Wallet
Trezor
Type:
Hardware wallet
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About Sui

Sui is a Layer 1 blockchain technology platform designed to deliver high scalability and low transaction latency, offering developers a versatile framework to build decentralized applications (DApps). Named after the Japanese word for “water,” Sui embodies adaptability and fluidity, much like its namesake. It focuses on optimizing the execution of smart contracts by leveraging several unique architectural features, making it a top contender in the crypto market.

Sui Homepage
Sui Homepage. Image Source: Sui

Sui’s main goal is to tackle the limitations of traditional blockchain networks by prioritizing parallel transaction execution and an innovative proof of stake consensus mechanism. This approach significantly reduces transaction processing time and ensures high throughput, making Sui ideal for applications requiring rapid and efficient liquidity protocols, liquidity pools, and other decentralized financial services.

A standout feature of Sui is its use of the Sui Move smart contract programming language, an enhanced version of the contract programming language originally developed for Facebook’s Diem project. Move is designed to be highly secure, flexible, and scalable, making it suitable for a wide range of use cases from gaming and NFTs to derivatives and DeFi platforms.

Sui also supports concentrated liquidity protocols, which provide more targeted and efficient ways for liquidity providers to operate, ensuring that capital can be allocated precisely where it’s needed. These features, combined with the platform’s low latency and focus on user experience, position Sui as a powerful force in the crypto industry.

Sui History

The story of Sui began with a team of experts from Mysten Labs, many of whom were involved in the development of Meta’s Diem project. When Diem was discontinued, this team—comprised of visionaries like Evan Cheng, Adeniyi Abiodun, Sam Blackshear, George Danezis, and Kostas Chalkias—set out to build a blockchain that could address the performance and scalability limitations seen in existing various blockchain networks.

It’s [Move Programming language] created to make sure that developers can focus on what they do best, which is building stuff, and delivering new products and new use cases, and not having to spend enormous cycles on auditing their code and looking for bugs that just distracts and makes it very inefficient. – Sui AMA

Launched in May 2023, Sui quickly significant growth in the crypto market, breaking into the top ten for DeFi Total Value Locked (TVL). Its growth was fueled by its innovative architecture, particularly its focus on parallel execution and the introduction of risk management tools like its unique consensus and security measures.

Sui’s development is backed by the Sui Foundation, which supports ecosystem growth through grants and developer resources. This network is designed not only for speed and scalability but also for fostering a thriving community of DApp developers, NFT creators, and decentralized finance innovators.

For a deeper dive into Sui’s architecture and growth trajectory, check out our in-depth Sui Review.

Sui Innovations
Sui Innovations. Image Source: Sui Website

The Future Landscape of Sui Projects

As the Sui blockchain continues to evolve, it’s clear that its combination of high scalability, low fees, and innovative architecture makes it a prime candidate for future decentralized applications (DApps). Developers and projects have already recognized Sui’s potential as a smart contract platform, and with continued support from Mysten Labs and the broader Sui community, we can expect to see new innovations emerge that push the boundaries of what’s possible in the blockchain space.

Predicting the Next Big Thing in Sui DApps

The Sui ecosystem has shown significant growth in recent months, and it’s becoming clear that the next big wave of development will likely focus on DeFi innovations and gaming ecosystems. Given Sui’s high transaction speeds and low latency, it’s a natural fit for perpetual markets and decentralized exchanges (DEXs) that require real-time processing and efficient capital allocation.

Expect to see more DApps that take advantage of Sui’s smart contract platform to build aggregators that simplify user experiences, bringing together different protocols into unified interfaces. Moreover, with Sui’s robust API infrastructure, developers will likely continue creating solutions that integrate seamlessly across various blockchain networks, further boosting Sui’s standing in the crypto industry.

Top 10 TVL
Top 10 TVL. Image Source: DefiLlama

Upcoming Projects to Watch on Sui

The Sui blockchain is set to become a hotbed for innovation, with developers using its speed and scalability to create projects that go beyond traditional DeFi and NFTs. Here are a few specific project ideas that could be game-changers in the near future:

Decentralized Derivatives Trading Platforms

With Sui’s low-latency architecture, we can expect to see the development of decentralized derivatives trading platforms. These platforms will allow users to trade perpetual markets, offering contracts without expiration dates. Sui’s ability to process transactions in parallel will enable real-time pricing and execution, which is crucial for derivatives trading. This could help establish Sui as a go-to chain for high-speed financial markets, competing directly with Ethereum and Solana-based platforms.

Cross-Chain Aggregators

The demand for cross-chain aggregators is growing as users seek simplified ways to manage their assets across multiple blockchains. Sui’s robust API support and interoperability make it an ideal environment for building a cross-chain aggregator that pulls together liquidity from different various blockchain networks. Imagine a platform where users can seamlessly trade assets from Sui, Ethereum, and Solana in one interface—this could significantly reduce friction in the crypto industry.

Gaming Ecosystems with NFT Integration

Sui’s high transaction throughput makes it perfect for gaming platforms that require fast, low-cost transactions. Developers can create fully immersive gaming ecosystems with in-game assets and NFTs stored on the Sui blockchain. These games could introduce play-to-earn models or complex gaming economies where players trade NFTs and tokens as part of the gameplay. Integrating liquidity protocols into these games would also allow players to earn real-world rewards.

Decentralized Identity Management

Another potential project on Sui could focus on decentralized identity solutions. These systems would enable users to own and control their digital identity across multiple platforms, all powered by the Sui blockchain. Users could register once on the Sui network and use their identity seamlessly across various applications, DApps, and even real-world services like healthcare or banking.

DeFi Lending with Enhanced Risk Management

As DeFi continues to expand, lending protocols on Sui could integrate advanced risk management tools. These protocols could offer dynamic collateral requirements based on market conditions, reducing the risk of liquidation during periods of volatility. Leveraging Sui’s high-speed smart contract platform, these systems could react in real time to market fluctuations, providing a more secure and responsive DeFi lending experience.

Where to Buy Sui

If you’re looking to purchase SUI, the native token of the Sui blockchain, there are several reputable platforms where you can do so. Sui is listed on a variety of centralized exchanges (CEXs) and decentralized exchanges (DEXs), making it easily accessible for both new and experienced users in the crypto market. We cover it briefly below but go into more detail in our How to Buy Sui Guide if you want a more thorough step-by-step process.

Binance

One of the largest cryptocurrency exchanges, Binance, supports the trading of SUI. Binance is known for its high liquidity and low fees, making it a popular option for purchasing cryptocurrencies. Users can easily buy SUI with USDT or other supported pairs. Binance also offers staking for SUI, allowing users to earn rewards while holding their tokens.

SUI/USDT
Binance SUI/USDT. Image Source: Binance
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Kraken

Kraken is a well-established exchange that has recently added support for SUI, providing users with another secure and reliable option to trade and hold Sui tokens. Kraken’s known for its high security standards, making it ideal for users who prioritize safety.

Kraken Sui/USD
Kraken Sui/USD. Image Source: Kraken
Visit Kraken

OKX

OKX is another top platform where users can buy and trade SUI. It’s known for its easy-to-use platform, and it frequently supports new blockchain projects like Sui. OKX also offers features like staking, where users can earn rewards for holding SUI.

OKX SUI/USDT
OKX SUI/USDT. Image Source: OKX
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Cetus (Decentralized Exchange)

For users who prefer decentralized exchanges, Cetus is a DEX native to the Sui ecosystem, allowing users to swap SUI without going through centralized platforms. Using a DEX can be a great option for those who want full control over their assets and wish to avoid centralized platforms. Cetus also integrates with Ethos Wallet, making it easy for users to purchase SUI tokens and interact with the Sui ecosystem.

Cetus Swap Interface
Cetus Swap Interface. Image Source: Cetus

Best Sui Projects: Conclusion

As we’ve explored throughout this article, Sui is carving its place in the crypto industry by focusing on scalability, speed, and security. From its unique smart contract platform to its use of the Sui Move programming language, this blockchain technology is designed to address the shortcomings of traditional blockchain networks while offering exciting possibilities for DApps, DeFi, and NFTs. With innovative features like concentrated liquidity protocols and liquidity pools, Sui has already seen significant growth in recent months, and it’s just getting started.

The future landscape of Sui projects looks incredibly promising, with developers creating more advanced DeFi platforms, gaming ecosystems, and aggregators that take full advantage of the blockchain’s low latency and robust infrastructure. As more cryptocurrencies and DApps integrate into Sui’s network, we can expect to see new and creative solutions emerge across various sectors, from perpetual markets to decentralized identity management.

With its powerful architecture and growing community, Sui is poised to play a pivotal role in the next phase of blockchain innovation.

Frequently Asked Questions

What Makes Sui Different from Other Blockchains?

How Do I Start Investing in Sui Projects?

Can NFTs on Sui Be Integrated with Other Blockchain Platforms?

What is Sui?

What are the Best Sui Coins?

References:

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Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.

Dario
Dario
Crypto Writer

Dario is a blockchain enthusiast with a journey that started in 2016. Initially diving into dual mining ETH and Sia coin, he has since worked with top exchanges, market makers, and institutional clients, gaining invaluable insights into the blockchain ecosystem.... Read More

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