SuiSUI

A proof-of-stake blockchain from Mysten Labs, used for trading, lending, stablecoins and games.

Rank #30Since May 2023

Price on 31 Oct 2026

C$1.26 +31.5% since 31 Jul 2026 · 83.7% below its all-time high

The short version

Sui is a proof-of-stake blockchain built by Mysten Labs, a Palo Alto company founded by former Meta engineers; it is used for trading, lending, stablecoins and games. Only about 41% of the 10 billion SUI circulates; the rest is released monthly through 2030. On 31 Oct 2026 one SUI cost C$1.26. From 31 Jul 2026 to 31 Oct 2026 its price changed +31.5% in Canadian dollars, and it was 83.7% below its all-time high of C$7.72 set on 4 Jan 2025.^[1]

Checked 31 Oct 2026 · 15 sources · next update about 1 Dec 2026

Price, past year

Past year: high C$3.33 (2 Nov 2025) · low C$0.9005 (19 Aug 2026) · -61.8%^[1]

Month-end prices (table)

Date	C$	US$
31 Oct 2026	C$1.26	US$0.9031
30 Sep 2026	C$1.64	US$1.15
31 Aug 2026	C$0.9858	US$0.7109
31 Jul 2026	C$0.9705	US$0.6918
30 Jun 2026	C$0.9958	US$0.7010
31 May 2026	C$1.25	US$0.9092
30 Apr 2026	C$1.23	US$0.9072
31 Mar 2026	C$1.20	US$0.8628
28 Feb 2026	C$1.27	US$0.9265
31 Jan 2026	C$1.74	US$1.29
31 Dec 2025	C$1.96	US$1.43
30 Nov 2025	C$2.10	US$1.50

Daily prices from CoinGecko; C$ converted at the Bank of Canada daily rate. The latest point is live when available. Past prices, not a forecast.

Choose what to see

Key facts

Price, 31 Oct 2026: C$1.26^[1]
3-month change: +31.5% in C$ (31 Jul 2026 to 31 Oct 2026)^[1]
From its high: 83.7% below its high of C$7.72 (4 Jan 2025)^[1]
Market rank: #30, market value about C$5.2B^[1]
Kind: Native coin · Sui (its own network)
Started: May 2023

Checks: the same 9 questions for every coin

Facts, not a rating

Can an admin key create new coins?NoAll 10B SUI were minted at launch; releases follow a published schedule^[2]

Can anyone freeze or take coins from holders?YesValidators froze about US$162M of Cetus exploit funds in May 2025^[3]

Can the token's contract code be changed?Not applicableRuns on its own blockchain; its rules change only through network upgrades

Is the supply capped?Yes10B maximum^[2]

Any scheduled unlocks in the next 12 months?YesAbout 227.5M SUI, 5.5% of circulating, over 12 months^[4]

Does a team or foundation hold over 10% of supply?YesTeam, investors and Mysten treasury got about 44%; the foundation-run reserve 50%^[2]

Do network fees reach coin holders?YesGas fees go to stakers: US$0.67M of holder revenue in a year^[5]

Main network hacked or halted in the past 2 years?YesBlock production stopped about six hours on 14 Jan 2026 and three times on 28-29 May 2026^{[6, 7]}

Is a regulator or court case targeting the coin itself?NoNo enforcement found; three US spot SUI ETFs trade^[8]

Each answer is a fact with a source, not a score. What each check means.

Who controls it

Built by: Mysten Labs (Palo Alto), founded 2021 by ex-Meta engineers, CEO Evan Cheng; the Sui Foundation stewards the network^[9]
Funding: About US$336M: Series A led by a16z (2021) and Series B led by FTX Ventures (2022)^[9]
Allocation: Early contributors 20%, investors about 14%, Mysten treasury 10%, foundation-run community reserve 50%^[2]

Supply

In circulation: 4.12B SUI of a 10.00B maximum (41.2%)^[1]
Fully diluted value: 2.43 times its current market value^[1]
Circulating: 4.135B of 10B maximum (41.3%)^[4]
Unlocks: About 227.5M SUI (5.5% of circulating) over the next 12 months, in monthly releases through 2030^{[4, 10]}
Staking rewards: Paid mainly from a pre-minted subsidy pool releasing about 7M SUI a month, plus gas fees^[4]

Use and fees

Main use: DeFi (DeepBook order book, lending), stablecoins (US$437M), gaming and payments^{[5, 11]}
Network fees: US$2.86M in the past year, down from US$15.5M; apps took US$65.3M^{[12, 5]}
Who gets fees: Stakers; DefiLlama counts US$0.67M as holder revenue; there is no burn or buyback^{[5, 13]}

Trading

Daily trading: About C$777.6M a day on average, 31 Jul 2026 to 31 Oct 2026^[1]
Daily turnover: Typically 13.91% of its market value changes hands each day^[1]
20-week average: 9.0% above its 20-week average price^[1]
1-year change: -62.3% in C$^[1]^[14]

History

Not a forecast

Coins ranked 11-50 at this point in past cycles (12-14 months after a Bitcoin peak), one year later: 1,080 cases, 157 coins

46% were higher a year later^[15]

Typical result: Median -6% after a year; 61% higher after two years
Lost half or more: 25% within a year
Against Bitcoin: 12% did better than Bitcoin over the year

History, not a forecast.

Red flags and things to watch

3 red flags found

Red flag: Sui validators froze about US$162M of funds taken in the May 2025 Cetus exploit, showing they can block addresses.^[3]
Red flag: Insiders and the foundation-run community reserve were allocated about 94% of supply; 58.7% is still locked.^{[2, 4]}
Red flag: Sui's mainnet stopped producing blocks for about six hours on 14 Jan 2026 (consensus bug) and three times on 28-29 May 2026 (upgrade bugs); no funds were lost.^{[6, 7]}

About 20.4M SUI was due to unlock on 1 Nov 2026; monthly releases of 16-33M continue.^[4]
US spot SUI ETFs from 21Shares, Canary and Grayscale have traded since Feb 2026.^[8]

Checked: admin keys, contract upgrades, unlocks, insider supply, hacks, legal actions and claims against records.

Sources and dates

Facts as of 31 Oct 2026. Prices from CoinGecko in Canadian and US dollars; US$ figures without a C$ price are converted at 1.3976 C$ per US$.