The brief

Analyst view

• Sui third-largest non-EVM blockchain: 2.6B+ TVL, 160M+ daily transactions.
• 75M+ non-vote transactions daily with 2.5M+ daily active users in 2026.
• Founded 2021 by Meta engineers: Evan Cheng (CEO), Sam Blackshear (CTO), Abiodun, Danezis. Raised $336M total.

Technical approach

As reported

Move language

Move programming language

Sui uses Move, a smart contract language developed at Meta, designed for asset-oriented programming and better security than Solidity.

Consensus

High-speed proof-of-stake

Combines Delegated Proof-of-Stake with Narwhal-Bullshark consensus to achieve sub-second finality and high throughput.

Parallel execution

Object-based model and parallel execution

Unlike account-based blockchains, Sui uses an object model that enables parallel transaction execution, dramatically increasing throughput.

Applications

Gaming and consumer focus

Designed for games, payments, and consumer apps that require low latency and low cost per transaction.

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