Overview
Sui is a Layer 1 blockchain developed by Mysten Labs. It is designed to offer high throughput, low latency, and horizontal scalability through its use of the Move programming language and an object-centric data model. Sui supports parallel transaction execution and is optimized for applications such as gaming, finance, and other high-performance decentralized applications (dApps).
Sui's distinctive architecture sets it apart from other blockchains in these ways:
- Object-Centric Data Model: Unlike many blockchains that operate on an "account-based" model, Sui focuses on "objects." Every asset on Sui (whether it's a token, an NFT, or a piece of data) is an independent, programmable object. This allows for direct ownership and enables parallel processing of transactions.
- Parallel Transaction Execution: Sui can process many independent transactions simultaneously, rather than sequentially. For transactions involving distinct objects, Sui bypasses traditional consensus mechanisms, achieving near-instant finality. This dramatically boosts throughput and reduces latency, making it suitable for applications requiring real-time interactions.
- Horizontal Scalability: Sui's design allows it to scale horizontally. As demand for the network grows, more validators can be added, increasing processing capacity without compromising performance.
You can learn more about Sui, its architecture, and its use cases here.
Note:
The smallest transferable amount in Sui is 0.000001. Fireblocks does not support any transfer below that amount.
Explorers
Supported features on Fireblocks
Fireblocks provides a comprehensive and secure platform for interacting with the Sui blockchain, enabling institutions and businesses to manage their Sui assets and leverage the network's capabilities. By integrating with Fireblocks, your team can confidently manage Sui assets and engage with the vibrant Sui ecosystem, leveraging institutional-grade security, operational efficiency, and a streamlined user experience.
| Feature | Supported? | Comments |
| Wallet creation | ✅ | Create and manage segregated MPC wallets for Sui and Sui-based tokens |
| Token support | ✅ | Full support for native Sui token and other Sui Coin Standard tokens, as well as USDC, DEEP, WAL, and FDUSD on Sui |
| Sweep | ✅ | Automatically consolidate Sui and Sui-based tokens from multiple Vault accounts into a designated central account for liquidity management |
| Detailed fee structure | ✅ | Flexible preset and custom fee levels to enhance lending probability |
| Tx Time-to-live / Timeout | ✅ | "Time-to-live" or Timeout for transactions ensures unconfirmed transactions do not remain pending indefinitely; Fireblocks manages this automatically |
| Confirmation policy | ✅ | The number of network confirmations/blocks an incoming transaction must receive to be considered final; fixed at 1 to align with Sui's deterministic finality |
| AML | ✅ | Includes the ability to freeze specific objects in transactions that fail your AML screening policies. |
| WalletConnect | ✅ | Lets you directly connect your Fireblocks wallet addresses to Web3 dApps |
| Exchanges | ❌ | Coming soon, to help you with digital asset management on exchange platforms |
| Recovery tool support | ❌ | Coming soon, to protect you with our native backup and recovery solution |
| Memo support | ❌ | Sui native transactions do not include memos |
| Boost & drop support | ❌ | Sui does not support boosting or dropping transactions |
| Deactivating account | ❌ | Sui does not support deactivating accounts; accounts are a permanent part of the network's state |
| Typed Message support | ❌ | Sui does not have a defined Typed Message standard |
| Objects selection | ❌ | Sui serializes transactions with specific object sets to provide granular control over the assets being used or modified by a smart contract; we do not currently support user-facing capabilities to select individual objects for serialization |
| Token self-listing | ❌ | Token self-listing lets you add new tokens to the system; we do not currently support self-listing on Sui |
| Tokenization | ❌ | Our Tokenization solution provides an end-to-end platform to mint, custody, distribute, and manage tokenized assets; we do not currently support Tokenization on Sui |
| Contract calls | ❌ | We do not support directly initiating generic contract call transaction capabilities on Sui |
| Fireblocks DeFi Extension | ❌ | Our DeFi browser extension lets you access dApps while protecting your trading operations with our built-in MPC wallet security, policies, and DeFi threat detection; we do not currently support DeFi browser extension capabilities on Sui |
| NFT | ❌ | Our NFT solution lets you store and view NFTs within your Vault accounts; we do not currently support NFT management on Sui |
| Staking | ❌ | Our Staking solution lets you stake and manage rewards through institutional validators, and our SDKs let you embed staking services directly in your app; we do not currently support native staking capabilities on Sui |
| Embedded Wallets | ❌ | Our Embedded Wallets solution lets you integrate non-custodial MPC wallets into your mobile and web apps; we do not currently support Embedded Wallets on Sui |