Sui timeline

Sui moves fast, and in case you miss it, we've got you covered!

Built for the Sui community, this timeline is your go-to guide for major milestones and key moments shaping the ecosystem’s journey.

Happy scrolling!

May 2023

May 3

Sui Mainnet goes live!

With over 100 Validators and 400+ nodes, Sui is ready for builders to unleash their creativity.

July 2023

July 12

DeepBook launches as Sui’s native liquidity layer. This always-on infrastructure provides seamless support for market and limit swaps, making it a game-changer for DeFi builders on Sui.

July 15

In just over two months since launch, Sui celebrates reaching one million active accounts!

July 26

Sui processes over 65 million transactions in a single day, showcasing its impressive scalability. The network also achieves 5,414 transactions per second in its first three months without causing a gas fee spike.

Read about Sui's low, predictable, and stable gas fees here.

August 2023

August 15

Just one month after hitting one million active accounts, Sui’s momentum shows no signs of slowing—now surpassing three million active accounts.

September 2023

September 13

October 2023

October 19

DeFi on Sui sees explosive growth, with Total Value Locked up 341% and trading volume increasing 229% over the past three months.

Read more about Sui's DeFi surge.

November 2023

November 2

Built using zkLogin tech, zkSend (now Stashed) launches in beta, enabling seamless token transfers—even to recipients who aren’t on Sui yet.

November 3

As a new user milestone, Sui records seven million active accounts.

November 8

In just six months since Mainnet launch, Sui’s Total Value Locked surpasses $100 million—reflecting an impressive 700% growth over the last four months.

January 2024

January 17

Move, Sui's native programming language, sees continual development from the community, with the Move 2024 edition introducing crucial new features.

February 2024

February 4

Sui’s Total Value Locked surges past $500 million, only three months after crossing the $100 million mark.

February 15

In the past 30 days, DeFi users bridged nearly $500 million from Ethereum—with 64% of that value flowing to Sui, more than all other chains combined.

March 2024

March 20

Sui unveils Pilotfish, an innovation in consensus that optimizes transaction execution by reducing latency and maintaining high throughput through horizontal scaling.

Learn more about Pilotfish here.

April 2024

April 10-11

Capping off a year filled with events around the world, Sui hosts Basecamp, a summit which hosted over 1,000 attendees, 44 sessions, and over a 100 speakers.

At this event, Sui announced many releases such as the Sui0x1play, Mysticeti and Enoki. 

You can watch the sessions here.

April 10

Sui original contributor Mysten Labs releases Enoki, a service platform combining technologies to make onboarding users easier than ever.

April 10

Revealed at Sui Basecamp, Mysticeti introduces a redesigned consensus engine that takes Sui’s speed to the next level, delivering even greater transaction speeds and reduced latency.

April 11

First Digital Labs chooses Sui as its first non-Ethereum venue for the FDUSD stablecoin, giving DeFi users a non-volatile value store.

April 17

BytePlus, the tech arm of ByteDance (the company behind TikTok), partners with Sui, bringing advanced data warehousing and content tools for Web3 gaming and socialFi.

April 21

Sui launches the Overflow Hackathon, its biggest competitive coding event ever, giving participants six weeks to build and a $1 million prize pool.

Learn more about the 32 winners from the 352 projects that participated.

April 30

Sui partners with Google Cloud. Together, they’ll enhance security, scalability, developer tools, and more across Web3 and AI-powered applications on the Sui Network.

May 2024

May 9

zkLogin expands with multi-signature recovery and Apple credential support, enhancing account recovery options and onboarding flexibility for users. These updates make Sui’s social login feature even more accessible and secure.

May 20

Sui crosses one million daily active wallets! This major milestone highlights the community’s growth, with special thanks to Wave wallet for driving momentum.

May 21

Sui’s consensus is now the fastest among all blockchains! Mysticeti is officially on Testnet, bringing consensus latency down to 390 ms—5x faster than Narwhal-Bullshark’s 2000 ms.

May 21

Sui reaches a new all-time high of $750 million in Total Value Locked, marking another major milestone and continued growth across the network.

May 31

SuiLink.io goes live! SuiLink allows users to link identities across Sui, Ethereum, and Solana for cross-chain rewards. SuiLinks are soulbound NFTs that verify ownership securely without compromising private keys.

June 2024

June 11

Sui Bridge launches on Testnet, enabling secure transfers of ETH, wBTC, USDC, and USDT between Ethereum and Sui. This native bridge enhances interoperability, liquidity, and accessibility across networks as Sui’s DeFi ecosystem grows.

June 13

Secure onchain randomness is now live on Sui Testnet! Powered by Sui validators, this feature enables developers to bring fairness and unpredictability to apps like games, NFTs, and governance. Read more here.

June 17

SuiNS introduces the @ naming standard, allowing users to adopt a familiar Web2 convention across Web3. With SuiNS, you can now drop the dot and use the more intuitive @ prefix for your onchain identity. Learn more here.

June 21

SuiNS launches Subnames, empowering users to create nested identities under a primary name, perfect for fostering community and organizational structures.

Learn more here.

July 2024

July 1

Sui has the largest and fastest-growing Move developer community according to ElectricCapital’s report.

Since the last update in January, Sui has:

• 219% monthly active devs

• 145% full-time devs

• 125% total commits

• 84% total repos

Dive into the report here.

July 2

Sui releases its first edition of the State of Sui Defi Report! Check it out here.

July 9

Sui introduces the Sui Indexing Framework, offering developers customizable access to onchain data for real-time blockchain event responses and efficient data management.

July 12

Mysten Labs open-sources the Sui Gas Pool. This service simplifies onboarding by covering transaction fees, enhancing accessibility for new Web3 users. Visit the Github repository to learn more.

July 24

Sui surprasses 15 million total active accounts!

July 25

Mysticeti launches on Sui Mainnet, achieving 390 ms consensus and setting a new standard for transaction speed and efficiency across the network.

July 29

The Sui community launches Sui Guardians, an initiative led by Suiet to combat scams and enhance user security. Sui Guardians maintains a repository of flagged domains and assets, helping to protect users from phishing and malicious activities across the ecosystem.

Learn more here.

August 2024

August 7

Grayscale launches the Grayscale Sui Trust, providing investors with direct exposure to $SUI as part of its expanding crypto investment product lineup.

August 9

SuiNS announces it will become a decentralized protocol!

August 21

DeepBook V3 launches on Testnet, bringing the lowest trading fees, a 60% reduction in gas costs, and unmatched onchain execution. V3 introduces the DEEP token, offering discounted fees, market maker incentives, and governance access.

Suitember 2024

Are you ready? Cause Suitember is about to begin.

September 2

Sui’s secure randomness goes live on Mainnet!

September 3

At KBW, Adeniyi announces that pre-orders for the SuiPlay0X1 are now live! 

Within just one day, over 1,500 devices were sold.

September 17

At Sui Builder House in Singapore, there were five major announcements.

• Circle announces that native USDC is coming to Sui.

• The Walrus Whitepaper drops, with the WAL token playing a vital role in powering the Walrus protocol.

• Decrypt, a well known Web3 media outlet, announces it will be storing its entire content library on Walrus.

• DeLorean Labs is building on Sui and will be offering the chance to mint DeLorean time capsules.

• ONE Championship joins Sui to enhance fan engagement with a manga series, games, and phygital collectibles powered by Walrus.

View the sessions here.

September 19

Sui’s Total Value Locked (TVL) hits $800 million, more than doubling from $350 million in August.

September 22

And 3 days later, Sui’s Total Value Locked surpasses $900 million, now ranking #8 among all chains for TVL. This marks a remarkable 3,285% increase over the past year.

September 25

DeepBook surpasses $5 billion in all-time trading volume!

September 29

With Suitember almost over, Sui crosses $1 billion in Total Value Locked, ending the month on a high note.

September 30

Sui Bridge goes live on Mainnet! This native bridge enables seamless swaps between SUI and ETH, breaking down barriers between Web3 ecosystems. More assets and blockchains are coming soon.

October 2024

October 3 

• Axelar’s Mobius Development Stack (MDS) is coming to Sui, unlocking new levels of cross-chain interoperability for developers.
• Sui becomes the first Layer-1 to run SCION on Testnet, enhancing network security and resilience. SCION protects Sui validators from rerouting and DDoS attacks, ensuring reliable consensus and improved performance across the network. Learn more here.

October 8

Native $USDC launches on Sui mainnet, marking it as the first Move-based Layer-1 to partner with Circle.

October 11

DeloreanLabs partners with Sui to open the next mint window for Time Capsule NFTs, featuring Doc Brown’s iconic return in a new video. Users can mint the Time Capsule for a chance to win a Delorean EV, a SuiPlay0X1 and other prizes.

October 14

• DEEP and DeepBook V3 launch on Sui Mainnet, introducing the most performant order book in DeFi.
• Sui crosses another massive DeFi milestone as it surpasses $21 billion in volume thanks to the incredible DEXes on the network!

October 15

Mysticeti will be getting an upgrade with Mahi Mahi, Sui’s new asynchronously secure consensus protocol! It is an iteration of Mysticeti which has sub-second latency and a throughput of 400,000 TPS.

More on Mahi Mahi.

October 16

Mysten Labs wins the ACM CCS Best Paper Award for Sui-Lutris! 🎉

Read the paper here.

October 17

Walrus Testnet goes live! Featuring deletable blob support, a Walrus explorer, and a staking app by Mysten Labs. The Testnet rolls out a complete WAL tokenomics ecosystem with staking, rewards, and a developer faucet.

October 18

Sui reaches 6 billion transactions!

If you’re interested in the latest Sui stats, we’d recommend giving ToreroRomero a follow on X. 

October 22

Sui integrates with Google Cloud through ZettaBlock, allowing users to access real-time Sui data from Google Cloud Platform.

October 24

Sui celebrates the global debut of SuiHub in Dubai! Set within the UAE’s growing tech ecosystem, SuiHub Dubai will offer blockchain founders workshops, technical support, and funding to build on Sui’s infrastructure.

October 28

MLS comes to Sui, bringing football fans collectible Key Play Medallions with MLS highlights.

November 2024

November 7

Sui surpasses $100 million in native USDC just two months after its launch.

Track live USDC stats here.

November 13

VanEck launches a new product representing SUI.

Read the announcement here.

November 14

The SuiNS token goes live!

November 15

Sui’s Total Value Locked (TVL) crossed $1.4 billion and just four hours later, it surged past $1.5 billion.

November 20

FDUSD goes live on Sui, making it the first blockchain FDUSD has expanded to since its launch last summer!

November 21

The Sui network experiences its first outage—a 2-hour downtime caused by a bug in transaction scheduling logic. Thanks to swift action by Sui validators, the issue was resolved, and the network was back up and running smoothly.

Did this slow Sui down? Not at all.

November 22

Sui hits a new all-time high with 298 million transactions processed in a single day—showcasing the unmatched scalability of the network!

November 22

Sui partners with Franklin Templeton Digital Assets!

November 24

Sui reaches 35 million active accounts, more than doubling its total since hitting 15 million in July 2024!

November 25

Bitcoin is coming to Sui! Through a partnership with Babylon Labs and Lombard Finance, BTC holders will soon be able to stake their Bitcoin and receive $LBTC natively minted on Sui.

December 2024

December 5

SuiNS is leveling up! New infrastructure powered by SuiNS is set to launch in 2025, introducing encrypted messaging and community-building tools.

Get ready to take on-chain identity to the next level!

December 5

Phantom is coming to Sui! Soon, you’ll be able to explore everything Sui has to offer with the wallet trusted by millions.

* Resources used: Sui blog, X