-
bitcoin $83417.370145 USD
-0.28% - ethereum
$2504.252015 USD
-0.89% - tether
$0.998878 USD
0.01% - bnb
$741.846592 USD
-0.31% - xrp
$1.368996 USD
-0.30% - usd-coin
$0.999809 USD
-0.01% - solana
$107.306571 USD
-0.74% - tron
$0.331208 USD
0.54% - zcash
$1253.021393 USD
3.27% - hyperliquid
$81.900125 USD
-1.27% - dogecoin
$0.084656 USD
-0.06% - monero
$548.963026 USD
1.80% - chainlink
$12.891974 USD
-1.09% - cardano
$0.235303 USD
-1.48% - unus-sed-leo
$9.020010 USD
1.36%
What is the issuance and circulation of SUI coins?
As of March 2023, the circulating supply of SUI coins stands at approximately 150 million, with more tokens expected to be mined and enter circulation over time.
Oct 17, 2024 at 11:24 am
- Initial Distribution:
- SUI coins were initially distributed through an airdrop to Sui testnet participants in September 2022.
- Approximately 120 million SUI tokens (15% of the total supply) were distributed to eligible users.
- Genesis Block:
- On September 22, 2022, the Sui mainnet launched with the issuance of the genesis block.
- The genesis block contained 20 million SUI tokens.
- Proof-of-Work Mining:
- Soon after the mainnet launch, SUI tokens became available for mining through a Proof-of-Work (PoW) mechanism.
- PoW mining rewards miners with newly minted SUI coins.
As of March 2023, approximately 150 million SUI tokens are in circulation:
- Initial Distribution: 120 million SUI
- Genesis Block: 20 million SUI
- Proof-of-Work Mining: Approximately 10 million SUI
The circulating supply of SUI tokens is expected to gradually increase over time as more tokens are mined. The total supply of SUI coins is capped at 2 billion tokens.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
- Starknet's Bold Leap: Eyeing Layer 1 Independence and Quantum-Resistant Cryptography by 2027
- 2026-10-15 08:45:01
- Strive Asset Management Accelerates Bitcoin Acquisition Strategy, Boosting Treasury Holdings
- 2026-10-15 08:45:01
- Solana Deepens China Market Engagement with Shanghai Office and Accelerate Tour
- 2026-10-15 04:55:01
- Bitcoin Price Today, Whale Moves $377.6M, Pepeto Buyers: Early Bird Catches the Crypto Worm
- 2026-10-15 04:45:01
- Silver Price Prediction, Silver Analyst, Silver Market Trends: Experts Split on Metal's Next Move
- 2026-10-15 04:50:01
- CryptoQuant Insights: Is 'Uptober' Brewing a Cautious Bitcoin Optimism?
- 2026-10-15 04:55:01
Related knowledge
What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design
Sep 19,2026 at 04:39pm
Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...
What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem
Sep 17,2026 at 05:59pm
Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...
What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets
Sep 11,2026 at 07:40pm
Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...
What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem
Sep 19,2026 at 10:20am
Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...
What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network
Sep 12,2026 at 11:39am
Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...
What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem
Sep 11,2026 at 04:40pm
Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...
What Is Solana SOL? A Complete Guide to Its Speed, Fees and Network Design
Sep 19,2026 at 04:39pm
Core Architecture and Consensus Innovation1. Solana employs a hybrid consensus model combining Proof of Stake (PoS) with Proof of History (PoH), a cry...
What Is Shiba Inu SHIB Used For? Understanding SHIB, Shibarium and Its Ecosystem
Sep 17,2026 at 05:59pm
Core Utility of SHIB Token1. SHIB serves as the foundational asset within the Shiba Inu ecosystem, functioning as a transferable ERC-20 token on Ether...
What Is Avalanche AVAX Used For? Understanding Staking and Avalanche Subnets
Sep 11,2026 at 07:40pm
Core Utility Functions of AVAX1. AVAX serves as the primary medium for settling transaction fees across all three native chains—X-Chain, C-Chain, and ...
What Is Cardano ADA Used For? Understanding Staking and the Cardano Ecosystem
Sep 19,2026 at 10:20am
Core Utility of ADA Tokens1. ADA serves as the native asset of the Cardano blockchain, functioning as the sole medium for settling transaction fees ac...
What Is Hyperliquid HYPE Used For? Understanding Its Token and Trading Network
Sep 12,2026 at 11:39am
Core Utility of HYPE Token1. HYPE serves as the native governance token of the Hyperliquid protocol, granting holders voting rights on critical upgrad...
What Is SUI Used For? Understanding SUI Staking and the Sui Ecosystem
Sep 11,2026 at 04:40pm
Bitcoin Halving Mechanics1. Bitcoin’s protocol enforces a fixed issuance schedule where block rewards are cut in half approximately every 210,000 bloc...
See all articles
