Inventory of 20 noteworthy projects in the Sui ecosystem, 8 of which have entered the testing phase

Author: Shiwen, Odaily Planet Daily

Recently, Mysten Labs, the parent company of the new public chain Sui, announced the completion of a $300 million financing round, led by FTX Ventures. In December last year, Mysten Labs had already completed a $36 million Series A financing round led by a16z. With this, Mysten Labs' total historical funding has reached $336 million, nearing Aptos, another Move-based public chain, which has raised $350 million this year.

As Mysten Labs' public chain project, Sui is highly anticipated in the new L1 track. In early August, Sui announced the opening of registration for its incentivized testnet, allowing validators, developers, and Sui enthusiasts to apply for participation. Subsequently, on August 25, Sui stated that it had received 28,000 validator node applications from over 80 countries and accepted 500 full node operators. Each full node operator will receive a reward of 200 SUI, and each validator will receive a reward of 2,000 SUI.

Although Sui is still in the testnet phase, the ecosystem built on Sui has already begun to take shape, with some projects currently in testing. Below, Odaily Planet Daily reviews some noteworthy projects in the Sui ecosystem.

DeFi:

MovEX: AMM + Order Book Hybrid Liquidity DEX

Twitter: https://twitter.com/joinMovEX

Official Website: https://www.movex.exchange/

Current Status: Not Open

MovEX is the first AMM + order book hybrid liquidity DEX on Sui, combining the advantages of AMM and order books to provide a liquidity trading experience for everyone by creating hybrid liquidity pools. Internally, MovEX has a settlement engine that allocates orders between AMM and order books, ensuring minimal slippage for traders while guaranteeing fairness for liquidity providers. Liquidity providers can also customize price ranges to provide unilateral liquidity, effectively managing impermanent loss.

In addition, MovEX offers smart liquidity management services. This service helps project creators avoid the complexities of manually adjusting liquidity, improving their capital efficiency and market-making returns. The liquidity management engine of MovEX runs an optimizer that generates mathematically proven optimal liquidity management under specific utility functions and automatically adjusts liquidity for users in a decentralized and non-custodial manner.

MovEX has created an initial liquidity issuance method called "MovEX ILO." MovEX ILO provides a customized token sale experience, allowing project creators to choose the time period, price range, and auction algorithm for the initial token sale to maximize fundraising opportunities. After the token sale event, the collected stablecoins or native tokens of the public chain will automatically pair with the project tokens to form a liquidity pool.

Users can now click "Request Demo" on the official website to fill out the waitlist and await news about using MovEX.

KX.finance: DEX Aggregator

Twitter: https://twitter.com/KXfinance

Official Website: https://www.kx.finance/

Status: Not Open

KX.finance is a DEX aggregator on Sui. Users can trade in various ways and earn KX tokens on KX.finance. KX.finance also offers trading of new asset types, such as bonds, leverage, SFT, EIP-3525 (semi-fungible tokens with capabilities like splitting, merging, and partial transfer). With an optimized liquidity rebalancing algorithm, KX.finance can provide higher capital utilization efficiency and reduce trading costs.

SuiSwap: DEX on Sui

Twitter: https://twitter.com/SuiSwap

Status: Not Open

SuiSwap is a DEX built on Uniswap V2, and its website has not disclosed much information yet.

OmniBTC: Decentralized Full-Chain Financial Platform

Twitter: https://twitter.com/OmniBTC

Official Website: https://app.omnibtc.finance/swap

Status: OmniBridge Beta is now open, currently supporting Ethereum, BNB Chain, Avalanche, Polygon, Arbitrum, and Optimism.

OmniBTC has designed a new lending architecture based on LayerZero and Chainx, and has pioneered a new path called OmniLending, where users can deposit assets as collateral on ChainA (Ethereum), borrow assets on ChainB (Aptos), and finally repay loans on ChainC (Sui). The core part of the protocol lies in its settlement system and cross-chain interoperability protocol. The settlement system is on Chainx, which serves the entire OmniLending chain.

The first cross-chain interoperability protocol integrated into OmniLending is LayerZero. Based on these two points, OmniBTC can successfully achieve cross-chain and custody of BTC, with the mirrored asset XBTC easily flowing between EVM chains and Aptos and Sui.

Additionally, the OmniLending protocol consists of Pool/BridgeAdapter/PoolManage. Pools distributed across each chain maintain assets, helping users deposit/withdraw/borrow/repay/cross-chain. The BridgeAdapter is used to call the interfaces of cross-chain protocols. PoolManage is the brain of the protocol, responsible for updating states, sorting tokens, managing liquidity, community governance, and more.

OmniBTC officially stated that it will complete the code deployment for the Bitcoin testnet, ChainX testnet, and Aptos testnet in the next two weeks. At that time, users can experience and contribute to OmniBridge Beta.

Wallets

Ethos: Wallet that can be registered with an email

Twitter: https://twitter.com/EthosWalletXYZ

Official Website: https://ethoswallet.xyz/

Status: Email registration for Ethos Wallet is now available, and the browser extension version of Ethos Wallet has not yet been launched; users can join the waitlist on the official website.

Ethos Wallet is an easy-to-integrate, self-custodial dapp wallet on Sui that can be registered simply with an email. Additionally, Ethos supports the import of Sui Test Wallet. Developers can also integrate the Ethos Wallet API in seconds to provide users with a good experience. Ethos Wallet plans to introduce more use cases, such as NFT ticketing or accessing more Dapps within the wallet.

Suiet: Wallet that does not collect user personal data

Twitter: https://twitter.com/suiet_wallet

Official Website: https://suiet.app/

Status: Internal Testing Phase

Suiet is a wallet on Sui that emphasizes data privacy, returning data rights to users and promising not to track any personal data.

Suiet has currently opened internal testing for the wallet, and users can log onto the official website to fill out the testing application. By the end of August, Suiet stated that it had received over 1,000 beta testing applications.

Sui Wallet: Important wallet supporting the Sui ecosystem

Official Website: https://docs.sui.io/build/devnet

Status: Testnet Phase

Sui Wallet is a Chrome browser extension wallet. Initially, Sui Wallet was intended for testing by Sui developers. Currently, many projects in the Sui ecosystem have links to Sui Wallet. When interacting with Sui Wallet, users can claim test tokens in Discord, which can be used to pay gas on the Sui test network. Note: Test tokens have no economic value and will disappear each time Sui resets the network.

Domain Services

Sui Names Service: Decentralized Digital Identity Service in the Sui Ecosystem

Twitter: https://twitter.com/SuiNames

Official Website: https://sui-names.com/

Status: Testnet Phase

Sui Name Service is a decentralized digital identity service in the Sui ecosystem.

Sui Name Service is currently in the public beta phase. Since the Sui network resets every few days, domain names registered during this time will disappear periodically. However, Sui Name Service has stated in a tweet that it plans to thank early adopters.

NFT

BlueMove: Multi-Chain NFT Marketplace on Sui

Twitter: https://twitter.com/BlueMoveNFT

Official Website: https://sui.bluemove.net/

Status: Testnet Phase

BlueMove is the first NFT marketplace on Sui. Its smart contracts are customized within a modular system, allowing for the introduction of new features over time without compromising security, thanks to standardized signatures that clearly define execution scopes. For example:

• Collection bids, providing bids covering all NFTs in the selected collection;

• Feature bids, offering to purchase any NFT in the collection with specific features;

• Multiple cancellations, allowing multiple pending orders to be canceled in a single transaction.

Additionally, BlueMove has announced the MOVE token economics and has opened product testing. Users participating in the testing have the opportunity to earn BlueMove rewards. For example:

• Earning rewards, users who buy or sell any NFT on BlueMove can earn MOVE tokens;

• Staking MOVE can share platform trading fees;

• Creators earn royalties when their NFTs are sold.

Sui Gallery: NFT Marketplace

Twitter: https://twitter.com/GallerySui

Official Website: https://www.sui.gallery/

Status: Not Open

Sui Gallery is also an NFT marketplace on Sui. However, official information is limited. You can follow Sui Gallery on Twitter to apply for early participation.

Sui Punks: The First NFT Collection on Sui

Twitter: https://twitter.com/theSuiPunks

Official Website: https://suipunks.xyz/

Status: Sold Out

Sui Punks consists of 2,992 SuiPunks PFP collections, all of which have been sold out. According to its roadmap, Sui Punks will have NFT customization and airdrop activities next.

Sui Droplets: Original Art NFTs on Sui

Twitter: https://twitter.com/suidroplets

Status: Not Open

The first native NFT collection with original art on the Sui blockchain. Sales have not yet started; you can join the Discord to apply for the whitelist.

Sui Birds: The First Bird MEME NFT on Sui

Twitter: https://twitter.com/SuiBirds

Status: Not Open

Sui Birds is the first bird NFT on Sui, and sales have not yet started. You can keep an eye on Twitter for opportunities to obtain the whitelist.

Doge SUI: The First Doge Meme on Sui

Twitter: https://twitter.com/TheSuiDoge

Status: Not Open

The first Doge meme on Sui, and sales have not yet started. You can keep an eye on Twitter for opportunities to obtain the whitelist.

SocialFi

ComingChat: Full-Chain Ecosystem on Sui

Twitter: https://twitter.com/ComingChatApp

Official Website: https://coming.chat/

Status: Available on mobile and PC versions.

ComingChat is a Web3.0 application supporting a full-chain ecosystem, combining encrypted communication, social networking, wallets, NFTs, decentralized digital identities, full-chain exchanges, Bitcoin lending, and more. ComingChat has also launched the NFT Marketplace Comfuture beta, where users can purchase NFT artworks, collectibles, and other digital goods, as well as the ComingChat Threshold Wallet, a digital wallet based on Schnorr signatures + MAST Merkle tree technology, upgraded by Taproot. It uses multi-signatures to simplify the cumbersome signature process in transactions, making asset trading for ComingChat users safer, more private, and with lower transaction fees.

In ComingChat, each user will have a unique CID (Coming ID) instead of a phone number. CID is a decentralized identity in the form of 1-12 digit numbers, stored as an NFT on the MiniX open alliance chain.

ComingChat is currently available for download and use, supporting both mobile and computer versions.

Askmex: Web3 Paid Q&A System

Twitter: https://twitter.com/AMA_web3

Official Website: https://askmex.io/

Status: Not Open

Askmex provides peer-to-peer expert consultations across various fields globally, aiming to create a Web3 professional think tank primarily connected by social networks for knowledge monetization. The application uses Twitter accounts for login and is expected to open beta testing in the fourth quarter.

The main process is as follows:

• User Behavior: Users stake tokens to ask questions to experts.

• Asking Questions: Users promise to gift tokens and pose questions to experts.

• Answering: Experts provide answers to the questions and receive the staked tokens for that question after answering.

• Listening: Users spend tokens to watch others' answers.

• Helper: A helping answer function. As long as the majority of users accept the helper's answer, they can be paid.

GameFi

F1 Dog: Greyhound Racing Game

Twitter: https://twitter.com/F1Dog_Official

Status: Not Open

F1 Dog is a racing game belonging to the GameFi series, digitizing the traditional greyhound racing industry. Players can own dogs, train them, breed them, and use them to participate in races without needing prior knowledge of traditional greyhound racing or extensive gaming skills, earning rewards in the process.

The races are presented from a 3D perspective, allowing players to view all tracks simultaneously and track the races in real-time. Players must own NFT racing dogs to participate in the races and can also assemble their own racing dogs and equipment.

Sui Monstars: Pet Simulation Game

Official Website: https://sui.io/monstar/#developer

Status: Not Open

Sui Monstars is a pet simulation game where players can feed, dress up pets, and decorate farms, leveling up pets and farms through gameplay and interaction. In the game, pets, farms, and accessories are all NFTs.

Basic Tools and Facilities

ChainX: Layer2 Bitcoin Network

Twitter: https://twitter.com/chainx_org

Official Website: https://linktr.ee/ComingChat_Web3

Status: Mainnet Launched

ChainX is a BTC Layer2 network based on Substrate, supporting both EVM and Move ecosystems, aiming to make Bitcoin widely available in these ecosystems.

Shinami: Sui API and Node Services for Developers

Twitter: https://twitter.com/ShinamiCorp

Official Website: https://www.shinami.com/

Status: Testnet Phase, requires joining the waitlist

Shinami is a Sui API and node service for developers. Shinami's Sui API allows applications to interact with the Sui network in a high-performance, dynamically scalable manner. Developers can build development documentation on Sui without needing to run and maintain nodes.