February 4, 2024 | $500 million TVL reached Less than a year after Sui's Mainnet launch, DeFi protocols on the network help to reach $500 million TVL, putting Sui in the top 10 of blockchains. This rapid growth indicates how well Sui's environment fosters DeFi. |
USDY lands on Sui Ondo Finance puts its yield-bearing stablecoin alternative, USDY, on Sui, marking the first US dollar-linked token on the network. This move demonstrates confidence in Sui by financial institutions. | March 1, 2024 |
March 19, 2024 | Sui Gaming Summit During the Game Developers Conference in San Francisco, Sui held its own gaming event, showcasing upcoming titles and introducing game developers to the benefits of Web3. |
Move 2024 beta Under continuous development, the 2024 edition of the Move programming language adds many useful new features, including method syntax, positional fields, and loop labels. Builders could upgrade to explore its new capabilities. | April 3, 2024 |
April 10, 2024 | Sui Basecamp During Paris Blockchain Week, Sui holds Basecamp, its premier conference of the year. This two day event brings over 1,100 people from 65 countries together to learn about and celebrate the most innovative blockchain technology in the world. |
Sui Overflow Hackathon Although many Sui hackathons occurred previously, Overflow was the biggest yet, a global competition between builders lasting two months. Teams submitted 352 projects and 32 winners emerged from the hackathon's eight tracks. | April 21, 2024 |
May 3, 2024 | Sui Mainnet anniversary Celebrating its first anniversary as a global permissionless network, Sui can count impressive achievements. In its first year it introduced zkLogin and Deepbook, and posted metrics such as 65 million transactions in a single day. |
Walrus emerges Mysten Labs announces Walrus, a decentralized data storage network that uses Sui as a coordination layer. Walrus stands on its own in many ways, revolutionizing network data, but in many ways it's the jelly to Sui's peanut butter. | June 18, 2024 |
August 6, 2024 | Mysticeti announced Despite already offering breakthrough transaction processing, engineers launch Mysticeti, a new consensus mechanism for Sui that makes it even more performant. Ongoing research showed how Sui could process shared object transactions with even less latency. |
SuiPlay0X1 announced During Korea Blockchain Week, Sui announced SuiPlay0X1, the first ever mobile gaming device for Web3. SuiPlay0X1, available for preorders now, natively supports select Sui games, connecting players to their in-game assets and the most exciting gameplay. | September 2, 2024 |
September 5, 2024 | AUSD launch Agora's US dollar-backed stablecoin arrives on Sui, giving DeFi users a new option for token purchases and swaps. The advent of AUSD on Sui, which was previously launched on Ethereum and Avalanche, leads a growing list of native stablecoins. |
$1 billion TVL Thanks to the best DeFi protocols in Web3 and their engaged users, Sui reached $1 billion in TVL. This accomplishment shows users trust in Sui, and how its low gas fees and quick transactions make it a perfect environment for DeFi. | September 29, 2024 |
September 30, 2024 | Sui Bridge launch Innovation doesn't stop at Sui, as engineers built an entirely new native bridge. In this first iteration, users can swap SUI and ETH across their respective blockchains. With more assets and blockchains planned for the future, Sui is taking its place in the Web3 world. |
USDC launch One of the most popular stablecoins in Web3 comes to Sui with the USDC launch. Circle, USDC's backer, maintains a one-to-one value between the US dollar and its stablecoin. Adding native USDC to Sui opens new pathways for liquidity. | October 8, 2024 |
October 14, 2024 | DeepBook DEEP launch More than just a token launch, DEEP creates a new governance model for DeepBook, Sui's native liquidity layer. DEEP token holders participate in rule making around DeepBook, voting on such issues as staking requirements and trading fees. |
SuiNS decentralization Sui's name service, which translates difficult-to-read addresses into simple @name identifiers, went from a centralized service to a decentralized community-run organization. Along with this move, SuiNS launched its own NS token, used as a governance mechanism and internal liquidity. | November 14, 2024 |
November 20, 2024 | FDUSD launches First Digital Labs made its stablecoin, previously available on Ethereum and BNB Chain, native on Sui. As the fourth stablecoin or alt stablecoin to land on Sui in 2024, the FDUSD launch shows definitively how existing financial institutions have confidence in Sui as a major DeFi platform. |
