Sui
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What is Sui?
SUI is the native utility token of the Layer-1 Sui blockchain developed by Mysten Labs. Sui leverages the Move smart contract language and an object-centric data model to address inefficiencies prevalent in existing blockchain architectures. Beyond gas fees, SUI is used for staking in its Delegated Proof-of-Stake consensus mechanism and for governance, allowing holders to participate in network decisions.Disclaimer: Prices displayed are for informational purposes only. Actual price quotes may differ.
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