clSUI
Last updated
Last updated
represents the cloned asset of SUI, allowing Solana traders exposure to Sui, a state-of-the-art blockchain designed for high throughput and low latency, without needing to leaving Solana. SUI's foundation is built on the Move programming language, which emphasizes security and flexibility, allowing developers to create sophisticated and safe decentralized applications (dApps). This blockchain is recognized for its ability to process transactions rapidly and efficiently, catering to the demands of next-generation decentralized applications by providing a scalable and developer-friendly platform.
The SUI token is central to the SUI ecosystem, serving various purposes such as transaction fee payments, staking, and participating in the network's governance. By introducing clSUI, Solana traders gain native access to the SUI token, marrying the innovative features of SUI's blockchain technology with the high-speed and low-cost transaction environment of Solana.
Cloned SUI can be minted at a 1:1 ratio by depositing , establishing a direct and stable link between clSUI and SUI values. This mechanism ensures that clSUI maintains its liquidity and stability within the Solana network. Through clSUI, Solana users can natively trade and use SUI, fostering a more interconnected and robust digital asset landscape.