SUI token supply and circulation
Sui Mainnet launched publicly on May 3, 2023. The network's native token, SUI, facilitates on-chain transactions, pays gas fees, secures the network, and provides on-chain liquidity. The SUI token supply is capped and has a long-run circulating supply of 10 billion tokens. At Mainnet launch, roughly 5% of all tokens were in circulation with the remainder being released on a proposed schedule, as shown in the graph below, to maintain network stability.
The total supply has been apportioned in a manner to support those who contributed to the launch of Sui Mainnet and ensure its ongoing health through a vibrant, active community.
SUI Circulating Supply
Learn more about Sui tokenomics
Frequently asked questions
The total supply of SUI tokens is set at 10 billion. This number ensures a stable tokenomics model to support the Sui network's health. However, not all SUI tokens are available yet. There will be SUI token releases occurring periodically in the future. The release schedule is determined by the needs of the network.
The chart above gives an estimate of when new tranches of SUI tokens will be released. However, the release schedule will revolve around how the Sui Foundation deploys its token allocation to support builders and the ecosystem.
This rest API offers two endpoints:
Circulation data for the current month (number format):
https://sui-circulation.suiexplorer.com/api/current_sui_circulation_numberCirculation data for the current month (JSON format):
https://sui-circulation.suiexplorer.com/api/current_month_sui_circulationCirculation data for all recorded months (number format):
https://sui-circulation.suiexplorer.com/api/total_sui_circulation_numberCirculation data for all recorded months (JSON format):
https://sui-circulation.suiexplorer.com/api/sui_circulation
Both endpoints can be invoked through a simple REST GET request or through a command line interface:
curl https://sui-circulation.suiexplorer.com/api/current_month_sui_circulation
The Sui Foundation is an independent organization dedicated to the growth and development of the Sui network. It allocates tokens through a variety of programs, including grants and education, to promote an active, healthy network.
The Community Reserve will be used across a variety of community programs including:
Delegation Program: The Foundation will help bootstrap community-run Validators and will promote an even stake distribution across network Validators by delegating its stake to aligned third parties.
Grant Programs: The Foundation will distribute tokens directly to developers, community ambassadors, and other participants who are building on Sui and creating the educational materials to make it easier for onboarding into Sui. Learn more about:
Education Grants
Developer Grants
Research and Development: The Foundation will support the further advancement of the Sui protocol, ensuring that its technological edge remains true even in the far future.
The Sui Community Access program allowed early contributors to the Sui ecosystem an opportunity to buy SUI tokens. These contributors needed SUI to run the apps and services they had been developing. Their early efforts before Mainnet launch showed their dedication to and interest in supporting Sui.
Mysten Labs is the original contributor behind Sui. Although Sui is open source and has a vibrant community of contributors, Mysten Labs created the original code as the network's initial contributor and received a portion of the SUI token supply regarded in the Sui Tokenomics as the Mysten Labs Treasury.