{"id":78229,"date":"2023-05-03T15:13:03","date_gmt":"2023-05-03T12:13:03","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=78229"},"modified":"2025-09-11T03:50:47","modified_gmt":"2025-09-11T00:50:47","slug":"sui-network-launches-its-mainnet","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sui-network-launches-its-mainnet\/","title":{"rendered":"Sui Network launches its mainnet"},"content":{"rendered":"<p>On 3 May at 15:00 (Kyiv\/Moscow time), the developers of the first-layer blockchain Sui Network carried out a successful mainnet launch.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">?After Devnet, multiple Testnet waves, Frenemies, <a href=\"https:\/\/twitter.com\/hashtag\/CapyHolidays?src=hash&#038;ref_src=twsrc%5Etfw\">#CapyHolidays<\/a>, Builder Houses, and much more \u2013 what a monumental moment for the Sui community: Sui Mainnet has launched!?<\/p>\n<p>Let\u2019s dive into what that means for all of you and why you should <a href=\"https:\/\/twitter.com\/hashtag\/BuildOnSui?src=hash&#038;ref_src=twsrc%5Etfw\">#BuildOnSui<\/a>!<\/p>\n<p>?? <a href=\"https:\/\/t.co\/KsfCMBP9nl\">pic.twitter.com\/KsfCMBP9nl<\/a><\/p>\n<p>\u2014 Sui (@SuiNetwork) <a href=\"https:\/\/twitter.com\/SuiNetwork\/status\/1653731940107956225?ref_src=twsrc%5Etfw\">May 3, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The team also unveiled a new blockchain explorer for the mainnet \u2014 <a href=\"https:\/\/suiexplorer.com\/\">Sui Explorer<\/a>.<\/p>\n<p>The cryptocurrency exchange Binance listed the native token SUI and opened trading.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&#038;ref_src=twsrc%5Etfw\">#Binance<\/a> lists <a href=\"https:\/\/twitter.com\/SuiNetwork?ref_src=twsrc%5Etfw\">@SuiNetwork<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24SUI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SUI<\/a>!<\/p>\n<p>Trading for <a href=\"https:\/\/twitter.com\/search?q=%24SUI&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$SUI<\/a> is now live \u2b07\ufe0f<\/p>\n<p>\u2014 Binance (@binance) <a href=\"https:\/\/twitter.com\/binance\/status\/1653732369021677569?ref_src=twsrc%5Etfw\">May 3, 2023<\/a><\/p><\/blockquote>\n<p> <script async=\"\" src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The asset opened at around $1.70, but after 15 minutes slid to $1.30. At the time of writing, SUI is trading at $1.25.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" decoding=\"\" width=\"1024\" height=\"569\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-1024x569.png\" alt=\"Snimok-ekrana-2023-05-03-v-15.24.40\" class=\"wp-image-206118\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-1024x569.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-300x167.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-768x427.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-1536x854.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2023-05-03-v-15.24.40-2048x1138.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>Minute chart of SUI\/USDT on the Binance exchange. Data: <a href=\"https:\/\/www.binance.com\/en\/trade\/SUI_USDT?af_force_deeplink=true&#038;af_xp=custom&#038;c=Sui%20Listing%20-%20Trade&#038;deep_link_value=bnc%3A%2F%2Fapp.binance.com%2Ftrade%2Ftrade%3Fat%3Dspot%26symbol%3Dsuiusdt&#038;pid=GlobalSocial&#038;ref=AZTKZ9XS&#038;shortlink=luwjrexz&#038;source_caller=ui&#038;theme=dark&#038;type=spot&#038;utm_campaign=GlobalSocial&#038;utm_medium=GlobalSocial&#038;utm_source=BinanceTwitter\">Binance<\/a>.<\/figcaption><\/figure>\n<p>Also about the listing of the coin <a href=\"https:\/\/forklog.com\/en\/news\/kucoin-okx-and-bybit-announce-listing-of-sui-token\">announced<\/a> on OKX, Bybit and KuCoin.<\/p>\n<p>On May 1, Binance added SUI support to the launchpad for BNB and TUSD holders. The initiative aims to provide liquidity for tokens of new crypto projects.<\/p>\n<p>According to Decrypt, users have locked in more than $4 billion for SUI farming ahead of the mainnet launch. However, due to liquidity pool congestion, one invested dollar is equivalent to about 0.016 SUI.<\/p>\n<p>In total, Binance will distribute 40 million SUI, of which 80% will go to BNB stakers, and the remainder to TUSD holders.<\/p>\n<p>Back in November 2022, the Mysten Labs team <a href=\"https:\/\/forklog.com\/en\/news\/sui-network-team-launches-testnet\">launched<\/a> the first testnet Wave 1. In March 2023 it implemented <a href=\"https:\/\/forklog.com\/en\/news\/sui-network-team-launches-permanent-testnet-for-the-project\">&#8216;permanent&#8217; test network<\/a> for Sui Network, which will continue to operate after the protocol launch.<\/p>\n<p>According to Sui Foundation&#8217;s plans, more than 50% <a href=\"https:\/\/forklog.com\/en\/news\/sui-network-team-reveals-details-of-native-token-distribution\">will be directed toward developing the project<\/a> after the mainnet launch.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On May 3 at 15:00 (Kyiv\/Moscow time), the developers of the first-layer blockchain Sui Network carried out a successful mainnet launch.<\/p>\n","protected":false},"author":1,"featured_media":78230,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1651],"class_list":["post-78229","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-sui-sui"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78229","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=78229"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78229\/revisions"}],"predecessor-version":[{"id":78231,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/78229\/revisions\/78231"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/78230"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=78229"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=78229"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=78229"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}