Birdeye’s Crypto Trading Data Expands to Sui Network

Alongside our coverage of Solana and major EVM chains, Birdeye is thrilled to announce the addition of Sui Network to our growing list of supported blockchains! Known for its high transaction speeds and scalable Layer-1 architecture, Sui represents the next frontier in blockchain performance.

This integration not only expands Birdeye’s reach but also connects our 17M+ crypto traders to a rapidly growing DeFi ecosystem powered by Sui’s advanced technology.

In this blog, we’ll cover why Sui Network stands out, and introduce our DEX partners that make this integration possible.

Why we chose Sui Network

1. Introduction of Sui Network

Sui Network is a Layer-1 (L1) blockchain designed with the unique Move programming language. It is capable of running tasks concurrently, which significantly enhances transaction speed and cost efficiency. Moreover, Sui Network’s infrastructure allows for the scalability of data processing and storage, which is crucial for Birdeye’s data for Sui Network to run smoothly. 

Sui has quickly become a fast-growing and innovative network:

• Between January and February 2024, data from Wormhole revealed that more than US$300 million was transferred from Ethereum to Sui. This influx of assets has placed Sui consistently in the top 10 chains vicinity, ranked by DefiLlama. 
• We believe Sui’s future growth is largely based on its commitment to forge and expand partnerships that will bolster user trust and convenience. Notable collaborations include joining forces with Stork, an oracle provider, to deliver real-time token pricing data infrastructure. Additionally, Sui has partnered with Banxa, a payment infrastructure provider, to enhance the fiat-to-crypto onramping function of its native Sui Wallet. Onramping allows users to purchase cryptocurrency directly with their local currency, improving user experience and convenience significantly. 

Sui has a large potential for growth. Birdeye’s presence will hopefully bring a lot more benefits for both parties for the time to come.

2. Benefits for Birdeye and Sui Network users

Expansion to Sui is a strategic move for Birdeye to tap into a new network with even further growth potential. For Birdeye users, they can now access trading data of highly desirable tokens on Sui. 

With the presence of Birdeye in the Sui network’s ecosystem, we’ll help bring in the 17M+ users we’ve served so far to the network and boost trading activities on the chain further, ultimately building its growth even further. Sui users will now also have access to precise on-chain crypto trading data for their favorite chain in a unified interface.

Our DEX and DEX aggregator partners on Sui Network

To ensure deep liquidity and accurate trading data, Birdeye integrates with leading Sui DEXes and aggregators that power the ecosystem’s swaps and recent trade functions:

• Aftermath: Full DeFi suite offering trading, staking, and yield aggregation with Sui’s native speed.
• Cetus Protocol: Concentrated liquidity DEX with 1M+ users, US$110M+ TVL, and US$5.3B+ total volume.
• FlowX Finance: Community-driven DEX featuring multi-token swaps, governance, and upcoming CLMM and Aggregator V2.
• KriyaDEX: One-stop DeFi hub offering swaps, limit orders, and yield vaults with US$60M TVL.
• Turbos Finance: Backed by Jump Crypto and Mysten Labs; US$25M TVL and US$500M monthly volume.
• DeepBook: Privacy-centric DEX with encrypted trading and a social interface; US$150M TVL.
• Suiswap: Fast, low-fee DEX with US$300M TVL and vibrant liquidity pools.
• BlueMove: Cross-chain DEX operating on Sui and Aptos, featuring US$200M TVL and cross-chain swaps.
  

Powering the future of on-chain trading

The integration between Birdeye and Sui Network marks a major step forward in multi-chain trading analytics. By combining Sui’s cutting-edge Layer-1 technology with Birdeye’s on-chain intelligence platform, we’re empowering traders to access precise data, deeper liquidity insights, and seamless cross-chain functionality. All in one unified dashboard.