Sui follows the industry's footsteps and has carried out a series of ecological activities.
November is the "warming period" of Web3, and the industry continues to show a growth trend.
Sui follows the industry's footsteps and has carried out a series of ecological activities. Among them, the Quest 3 game activity, which lasted for more than a month, ended successfully and rewards were announced. Move and Sui Ecological Hackathon & Exchange meetings were successfully held in multiple regions, as well as the Starship Program for Chinese community developer education, the NFT Growth Plan for startups, and ongoing popular science article output.
In addition, the continued launch of sponsorship programs, the upgrade of RPC 2.0, and the testing of the new feature Sui zkSend have further promoted the widespread application of Sui and driven the development of the ecosystem!
Here is a summary of Sui's recent growth journey:
Latest Network Developments
1. Sui Network Update
In November, the Sui mainnet underwent two important iterative updates. According to the network update schedule, developers can know the update frequency and time of the development network, test network, and mainnet in advance in order to quickly synchronize updates. Currently, the Sui network has been updated to development network V1.15.0, test network V1.15.0, and mainnet V1.14.2. For the key points of the recent version upgrades, please read this article.
2. BSCNews Report: Significant Increase in Sui Network Data
In mid-November, researchers from the well-known blockchain media BSCNews conducted in-depth research on the good development of the Sui mainnet ecosystem since its launch more than half a year ago, especially the achievements in the following areas: (1) TVL—breaking through 176 million USD; (2) trading volume—over 100 million USD in the past 7 days; (3) on-chain transaction count—accumulated over 2 billion times; (4) daily active addresses—over 17,000. Read more
3. Sui zkSend: Create Links to Directly Send SUI
Using zkSend to send SUI is much simpler than copying and pasting wallet addresses and then authorizing token transfers. The recipient doesn't even need a Web3 wallet. After clicking the zkSend link, the recipient can choose to use zkLogin to create an account, allowing anyone to interact with Sui using existing credentials from services such as Google or Twitch. Welcome all users to experience it! Read more
🌟 zkSend: http://zksend.com
4. Sui Releases RPC2.0 Beta
To address many known issues with the existing RPC, Sui is preparing to launch a new GraphQL-based RPC service, Sui RPC 2.0. GraphQL is an open-source data query and manipulation language designed to simplify APIs and services that require complex data queries. Users can currently access the beta version of read-only snapshots for the Sui mainnet and testnet. The current JSON-RPC will continue to serve as the primary RPC service until it is discontinued at the end of Q1 2024. Read more
5. Sui Browser Can View Verified Move Code
The Sui browser now supports viewing the source code of certain packages in the interface, including but not limited to: 0x1 | move-stdlib, 0x2 | sui-framework, 0x3 | sui-system, 0xdee9 | deepbook. This new feature allows Sui developers to easily find, read, understand, and share Move code, making it easier for development or auditing. Read more
6. Official Announcement of Collaboration with Space and Time
7. Sui Collaborates with Hub71 to Support Ecological Project Construction
At the end of November, the technology incubator Hub71 announced a collaboration with Mysten Labs and deepened interaction at the Abu Dhabi FinTech Week to support new projects on Sui. Projects participating in the incubation can not only receive technical expertise and support from Mysten Labs but also benefit from guidance, resources, and global network connections from Hub71 to expand their global influence. Read more
8. Sui Academic Research Award Announcement
The Sui Academic Research Award announced that nine projects have received a total of $225,000 in funding, including: Ari Juels—Hybrid Blockchain Games, Rabimba Karanjai and Weidong (Larry) Shi, George Giannopoulos, George Filis—Cryptokurtosis, James Hsin-yu Chiang, Hans-Arno Jacobsen, Meng Xu, Taesoo Kim, Petr Musilek. Read more
9. Sui Foundation's Seventh Round of Funding
The Sui Foundation is committed to funding developers, builders, educators, researchers, and other community members who promote and advance the development of the Sui ecosystem. Various funding programs include: Builder Grant Program, Developer Grant Program, Education Grant Program, and Academic Research Award Program. So far, nearly a hundred projects have successfully applied for over $5 million in funding. In November, the Sui Foundation announced the list of recipients for the seventh round of developer grants, with supported projects focusing on DeFi, payments, infrastructure, and oracle fields in the Sui ecosystem. View the list of recipients
Community Activities
Sui attaches great importance to the construction of the developer ecosystem and has launched multiple programs to support developers and community learners, such as the Starship Program for Chinese community developer education, the NFT Growth Plan for startups, and ongoing popular science article output. It also launched the reward activity themed on Quest 3 game, and successfully held Move and Sui Ecological Hackathon & Exchange meetings in multiple regions, offering generous rewards to attract more developers to participate in building the Sui ecosystem!
1. Quest 3 Concludes, 5 Million SUI Being Distributed
The final review stage of Quest 3 ended in the early morning of December 1st, Beijing time, and the award results were announced. The total prize pool for this event is 5 million SUI, and a total of 164,000 participants received rewards. The theme of Quest 3 was gaming, and during the event, millions of transactions were processed. Through everyone's efforts, the gameplay and participation significantly increased. To maintain integrity and fairness, and for the long-term development of Quest, five types of violations were explicitly restricted, resulting in disqualification from receiving rewards. Read more
2. Sui and SUMM3R Launch NFT Growth Plan
Sui Collaborates with SUMM3R on NFT Growth Plan
Sui's collaboration with SUMM3R on the NFT Growth Plan will provide six weeks of professional support and industry expert guidance to help drive the long-term development of the Sui ecosystem's NFTs. Graduating teams will receive funding of $50,000 per team from the Sui Foundation and also have the opportunity to showcase their projects to some well-known Web3 venture capital firms and funds. Read more
3. Sui Meetup in Thailand
The Sui Meetup in Thailand, hosted by the Sui Foundation and Contribution DAO, took place in Bangkok on November 11th from 14:00 to 20:00 local time. At the event, multiple Sui ecosystem projects, the Sui Thailand and surrounding communities, Sui supporters, and enthusiasts gathered to interact. Team members from KX, Inspex, Cryptomind, and Apetimism also participated in sharing their insights! Read more
4. Move & Sui Ecological Meetup in Turkey
Web3 practitioners from around the world gathered in Istanbul to participate in the Devconnect annual blockchain event, which of course included the presence of Move and Sui! The Sui Move Meetup in Istanbul was successfully held on November 17th. Several Move enthusiasts, Sui supporters, forward-thinking investors, blockchain pioneers, active communities, blockchain thought leaders, and Web3 enthusiasts came together for networking! Read more
5. MoveFunsDAO Starship Program
The Starship Program is a Chinese developer education program supported by the Sui Foundation, completely free, and dedicated to helping learners "Learn To Earn." The program has designed a clear learning path for learners, with multi-module learning including browser & wallet, token, on-chain game, DeFi, and has established a multi-level milestone reward program (from 10, 20, 333 SUI to iPhone 15), making it very beginner-friendly! Read more
6. European University Special Hackathon
At the hackathon co-organized by the Blockchain Student Association and Sui from October 21-22, over 100 students from more than 13 European universities participated. The winners built projects aimed at attracting new users and bridging the gap between blockchain technology and physical assets. Winners include SuiSeal, WabkaDEX, Trustlink, Sui Dutch Auction, and honorable mentions: DeFraud, LegID. Read more
7. Innovative Sui Projects Win Awards at Unfold Hackathon
More than 2500 people attended the comprehensive Web3 event Unfold 2023 hosted by CoinDCX in Bangalore, India. Sui co-sponsored the event, and multiple ecosystem projects received awards. Sui-Defi, DegenHive, DAO for A Cause, DeepBook Maxi, and OmniPort projects won awards in the City of Coin theme. Blockto, RetroArc, PlayVerse, ShiSUI Rewards, and Hyperland projects won awards in the Network Effect theme. Read more
8. Sui Participates in Builder DAO Series of Events
On November 30th, the Sui Foundation was invited to participate in an event hosted by Builder DAO, where they discussed with community partners how Sui can connect to the future, establish a secure, scalable, and creative blockchain ecosystem, and delve into its key role in blockchain technology. They also introduced the Move language, which is a programming language that redefines the way smart contracts are written, and discussed how the Move language injects new thinking into smart contracts, opens a new chapter in blockchain technology, and brings broader applications. Read more
Educational Content & Operation Tutorials
To help ordinary users quickly understand the knowledge of Sui and the Move language, Sui has been releasing practical articles to facilitate users' quick start.
1. Decoding Typus's Big Vector Feature
This data structure aims to alleviate the limitations of arrays and dynamic fields on Sui. The main goal of Big Vector is to explore its potential in applications requiring hyper-scalability within a single transaction, while keeping costs at a minimum. Read more
2. Setting up the Proof Service for zkLogin
Generating ZKP requires a lot of resources and may be slow on the client-side, so it is recommended to use a dedicated backend server for ZKP generation. The setup steps mainly involve downloading relevant files, setting up and running the corresponding program. Interested developers can read the full article to learn more.
3. Turbos Finance Provides Efficient Smart Routing
The Turbos team started learning and developing on Sui in 2022 and launched on the mainnet in May this year. As a DEX, Turbos provides exchange, liquidity pools with smart routing, and gamified features based on Sui DeFi, distinguishing itself from other DEXs through smart routing focused on the USDC stablecoin. Through the operation of the Grand Prix feature, it strengthens user education and supports ecosystem development. Read more
4. Kiosk: Returning Asset Rights to Builders
The characteristics of blockchain transform the digital world from a value extraction-based model to a value creation-based model. Sui has been redesigned from scratch to provide powerful infrastructure for building next-generation applications, products, and services. It natively integrates key features that unlock direct ownership and peer-to-peer value transfer (such as dynamic NFTs, Kiosk), without the friction and hassle of old blockchain interfaces. Read more
5. Multiple Protocols in the Sui Ecosystem Launch Liquidity Staking
Liquidity staking provides a means for DeFi users on Sui to increase rewards by leveraging staked assets. Aftermath, Haedal, and Volo from the Sui ecosystem have issued their LST, which not only earns staking rewards but also rewards from other DeFi activities! Read more
6. Discussing the Basic Knowledge Behind Sui DeFi's Continued Innovation
Sui's TVL has been steadily increasing over the past five months, surpassing $160 million in mid-November. Sui offers over 20 DeFi protocols including DEX and lending services, many of which are listed on DeFi Llama. DeFi users on Sui can participate in various activities such as providing liquidity, borrowing, and lending to earn substantial returns. Read more
7. Sui Weather Oracle Provides Real-Time Weather Data
Integrate weather data into apps using the Sui oracle, or use its uncertainty as a unique random number generator in various apps. The Sui Weather Oracle provides the latest weather information for over 1000 cities worldwide, consisting of three components: an external service OpenWeather API, an internal service backend for the weather oracle, and a Sui weather oracle contract. Read more
8. Fairer Gas Fee Measurement on Sui
The large-scale parallel processing on Sui requires a new approach to gas fees. Developers have developed a gas fee mechanism through the following broad steps to make gas fees lower on Sui: (1) Determine the optimal way to use computing resources; (2) Design a method for computing costs; (3) Analyze gas fee models based on different load assumptions. Read more
On-Chain Overview of Sui
1. Interview with EasyA Founder
Recently, we interviewed EasyA's founders Phil and Dom Kwok, where they discussed the past, present, and future as Web3 education entrepreneurs, as well as the importance of Sui learning challenges. Phil believes that inspiring inspiration is the only way to attract developers and ensure sustainable development, and combining Sui's founders with technology is a characteristic of inspiring developer inspiration. Applying the stories of the "Fantastic Five" founders from Mysten Labs in EazyA makes it easier for people to understand and resonate. Interview Review
2. Gamifying Fitness with Run Legends
Run Legends is a game deployed on the Sui chain. We recently interviewed its founder Jenny Xu to understand how she combines her love for running with a passion for gaming to help people enjoy exercise. The game uses sponsored transactions provided by Shinami, allowing players to play the game without paying any gas fees and choose whether to create a wallet like a Web3 user. Interview Review
On-Chain Overview of Sui
🌟 Network Versions:
DevNet: v1.15.0
TestNet: v1.15.0
MainNet: v1.14.2
🔗 On-Chain Metrics:
Network TPS (Peak 30D): 2562
Current Epoch: 239
Checkpoint: 20,311,456
Validator Count: 106
Total Addresses: 9.08M
Daily Active Addresses: 26.99K
Total Transactions: 2.04B
TVL: 171.9M USD (DeFiLlama)
Data Collection Time: 2023-12-08 14:30 (GMT+8)
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