Documentation

What Is SUI Coin?

SUI is the native coin of the Sui blockchain.

On the network, you can use SUI to pay gas fees, execute on-chain transactions, and stake security for the network. Moreover, holders also gain the privilege to contribute to the project’s future governance.

Currently, SUI maintains a maximum supply of 10 billion, but only approximately 528 million tokens (5.28% of supply) circulate in the market.

When it comes to tokenomics, the Sui Foundation controls 50% of the token supply. While this sounds like a lot, the SUI Foundation uses these funds for delegation programs, grant programs, research and development, and validator subsidies. Then, a further 10% is allocated to Mysten Labs Treasury, 20% is distributed to early contributors, 14% of the supply is sold to raise funding, and the last 6% is used for a Community Access Program.