The current real-time price of SSUI is $1.84. In the past 24 hours, SSUI has traded between $1.83 and $1.96, showing strong market activity. The all-time high of SSUI is $18.79, and the all-time low is $1.35.
From a short-term perspective, the price change of SSUI over the past 1 hour is , over the past 24 hours is +0.73%, and over the past 7 days is -3.24%. These figures provide a quick overview of the latest price trends and market dynamics of SSUI on LBank.-0.40%
The live price of SSUI today is $1.84, with a current market cap of $15.264M. The 24-hour trading volume is 1K. The price of SSUI to USD is updated in real time.
Before deciding whether to buy or sell SSUI, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SSUI technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SSUI.
How much will SSUI be worth tomorrow, next week, or next month in ? What about your SSUI assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SSUI Price Prediction
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
sui | 0x0ea8...40a92a  | 100.000K | 1.21% |
sui | 0x02c1...4a1fdd | 32,547 | 0.39% |
sui | 0xc624...4a7694 | 31,508 | 0.38% |
sui | 0xadaa...a13d3b | 17,927 | 0.22% |
sui | 0xb16f...e772cf | 16,608 | 0.2% |
Other | 8.097M | 97.61% |
Spring Staked SUI (sSUI) is a liquid staking token (LST) developed by Suilend on the Sui blockchain. It functions as a representation of staked SUI tokens, enabling users to earn staking rewards while retaining asset liquidity. As the inaugural LST under the SpringSui Standard, sSUI provides a flexible way to participate in SUI staking without locking up assets, integrating seamlessly with the broader Sui network ecosystem.
When users stake SUI through the SpringSui protocol, they receive sSUI tokens. These sSUI represent the original staked SUI plus continuously accumulating rewards. The SUI is then delegated to network validators. As rewards accrue, the value of sSUI against SUI progressively increases. This design allows users to freely trade their sSUI or redeem it for the underlying SUI and its earned rewards, providing flexibility and liquidity to staked assets.
sSUI offers several key benefits. It provides liquidity for staked SUI, allowing users to engage with DeFi applications or trade without traditional staking's unbonding periods. A notable feature is instant unstaking, enabling quick redemption of sSUI for SUI, enhancing safety and convenience. Holders continuously earn SUI staking rewards, automatically reflected in the token's value. Furthermore, sSUI can be integrated into various DeFi platforms, like lending or liquidity pools, to potentially earn additional yields.
Using sSUI involves several risks. Smart contract risk exists due to potential bugs or hacks in the LST contract, which could affect redemption or value. Validator risk arises from poor performance or slashing of underlying validators, potentially reducing yield or threatening the sSUI peg. Liquidity risk means that under extreme market conditions, redemption liquidity might be strained. Adoption risk relates to sSUI's utility and performance relying on its broader usage within the Sui ecosystem. Lastly, market risks from external factors like regulation or overall market downturns can impact its value.
sSUI staking rewards, reflected in its Annual Percentage Rate (APR), are primarily derived from the native staking rewards generated by the Sui network. These rewards are dynamically influenced by several factors. Key determinants include the total quantity of SUI tokens actively staked across the network, the Sui network's current inflation rate, and the individual performance and efficiency of the validators with whom the underlying SUI is staked.
No, sSUI does not follow a traditional token model with a fixed supply, pre-mines, or initial coin offerings. Instead, its total supply is dynamic. New sSUI tokens are minted on-demand each time users stake their SUI through the Spring protocol. This means the circulating supply of sSUI directly correlates with, and is entirely driven by, the aggregate amount of SUI currently staked within the system.
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