Hot Topics | Sui Mainnet Launch, What Information Can Be Followed? (Continuously Updated)
Its mainnet ecological project scope covers DeFi, NFT platforms, games, Launchpad, wallets, infrastructure, and more.Organizer: flowie, ChainCatcher
On the evening of May 3, the highly anticipated star public chain Sui Network officially launched its mainnet, and its native token SUI began trading after the mainnet went live.
Like Aptos, Sui Network is also one of the public chain challengers backed by numerous well-known capital firms. According to the crypto data platform RootData, Sui Network has previously raised a total of $336 million in funding, with investors including a16z, Coinbase Ventures, Jump Crypto, Binance Labs, and other prominent investment institutions.
Unlike many star projects such as Aptos, Sui Network did not create an airdrop "feast" to incentivize early users before the mainnet launch. Instead, it granted priority subscription rights to some members of the Sui community and early contributors who participated in the Sui testnet, and directly sold its native token SUI through public offerings / IEOs on OKX, Kucoin, ByBit, and CoinList.
Currently, in terms of ecological progress, many projects that have completed debugging and integration on the Sui testnet are now live on the mainnet. This article will continue to track and organize some new developments after the launch of Sui Network.
OKX: SUI cancellation issue has been fully resolved, withdrawals are now open
On May 4, OKX tweeted that the SUI cancellation issue has been fully resolved and withdrawals are now open. All affected users can operate normally, and the data verification for affected users has been mostly completed, with detailed compensation plans to be announced shortly. (Source link)
On May 4, Xu Mingxing tweeted that the Sui team temporarily proposed to change the listing time yesterday, causing developers to forget to update the listing time for certain trading modules, resulting in a subtle error in the system. This bug caused some orders to appear valid and un-cancellable, and the team took some time to identify and fix the issue. OKX is currently analyzing data to formulate a compensation plan for affected users, with more details to be released later.
This morning's news, Xu Mingxing tweeted that all customers who could not cancel orders and purchased SUI at a price above 1.3 USDT will receive compensation. Specific details will be released soon. (Source link)
Bitget will launch SUI 1-50x USDT perpetual contracts today
On May 4, Bitget announced that it will launch SUI 1-50x USDT perpetual contracts today, with a new SUI/USDT trading pair for spot leverage, with full margin 5X and isolated margin 3X now open.
In addition, Pogai (POGAI) has launched on Bitget's innovation zone and Meme zone, with the deposit channel now open, and the trading channel will open at 19:00 (UTC+8) on May 4, 2023. (Source link)
Binance has launched SUI 1-50x USDT perpetual contracts
On May 4, Binance launched SUI 1-50x USDT perpetual contracts, supporting a multi-asset model, allowing users to use assets other than USDT as margin for perpetual contracts (including valuation discounts).
Previous report, the SUI official team requested partner exchanges (Binance, OKX, Bybit, KuCoin, etc.) not to launch perpetual contracts when the SUI token goes live. Binance went live with SUI yesterday at 20:00. (Source link)
Mysten Labs launches Sui Wallet and Sui Explorer
On May 4, Sui development company Mysten Labs launched two Sui-based products: Sui Wallet and Sui Explorer. The former, Sui Wallet, is an open-source, self-custody wallet that helps users access and interact with Sui; the latter, Sui Explorer, allows users to query the latest information on the Sui mainnet. (Source link)
Sui token cross-chain bridge is now live
On May 3, the Sui token cross-chain bridge went live, allowing any Wormhole-supported assets on-chain to be directly transferred to the Sui network. (Source link)
Sui mainnet officially launched, introducing the ecological project listing platform "Sui Directory"
On May 3, Sui Network announced that the Sui mainnet has officially launched. At the same time, Sui introduced the ecological project listing platform "Sui Directory" to help users search for Sui ecological projects and explore the Sui ecosystem in depth. The Sui Explorer domain address is "https://suiexplorer.com/".. Currently, Sui Network has 41,976 testnet and development nodes from 84 countries. In addition, Sui has also released the V1.0.0 version update. (Source link)
Ecological Situation
Sui Network mainnet is live, how is the experience?
Since the Sui mainnet has just launched, many ecological projects have not yet gone live on the mainnet, and all initial token distributions of Sui are within centralized exchanges (CEX), rather than on-chain. Most centralized exchanges have not yet opened withdrawals, affecting user enthusiasm on-chain. However, the current experience of using on-chain applications is relatively smooth.
Sui ecological DEX MovEX receives investment from Mysten Labs
On May 4, Sui ecological DEX MovEX announced that it has received investment from Sui development company Mysten Labs. MovEX will continue to build on-chain finance on Sui. (Source link)
Review of the first batch of 31 projects launched on the Sui mainnet
On May 3, after the official launch of the Sui mainnet, it was announced that the mainnet ecological project scope covers DeFi, NFT platforms & games, Launchpad, wallets, infrastructure, and more. Additionally, the ecological project listing platform "Sui Directory" launched by Sui can help users easily search for Sui ecological projects and explore the Sui ecosystem in depth. Learn more
