Orca Crypto
Layer 1

Sui

An object based chain where simple transfers skip consensus entirely.

Updated 2026-08-305 min readReference
The short answer

An object based chain where simple transfers skip consensus entirely. Sui models everything as objects. If a transaction only touches things you own, it does not need global ordering, so it confirms almost instantly.

Live market data

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What Sui is for

Sui models everything as objects. If a transaction only touches things you own, it does not need global ordering, so it confirms almost instantly.

Technical summary

PropertyValue
LayerLayer 1
Launched2023
ConsensusMysticeti proof of stake
ThroughputVery high
FinalityUnder half a second
Native tokenSUI pays gas, is staked, and covers storage

Block explorers

An explorer lets you verify any transaction, address or contract on this network yourself. Learning to read one is the fastest way to stop taking anyone's word for anything.

How to read a block explorer

Wallets that support it

What to be aware of

  • Validator concentration varies widely between layer 1s and is worth checking rather than assuming.
  • Newer chains have shorter track records under real adversarial pressure.
  • Crypto assets are volatile. Drawdowns of seventy percent or more have happened on every network in this list, including the largest.
  • Sending to an address on the wrong network can lose funds permanently. Always send a small test amount first.

Nothing on this page is investment advice. We describe how networks work, not whether you should buy anything.

Where to go next

New to Sui?

We can get you set up with the right wallet, funded, and through a first transaction on this network in about an hour, on a screen share.