Overview
- The Sui Foundation confirmed that suiUSDe, also known as eSui Dollar, has launched on Sui Mainnet as the network’s first synthetic dollar.
- Integration with DeepBook Margin makes suiUSDe the first synthetic dollar supported by Sui’s onchain margin system for trading, lending and leveraged strategies.
- SUI Group Holdings seeded a permissionless vault with $10 million in suiUSDe; the Ember Protocol–operated, Bluefin-incubated vault has an initial capacity of $25 million and is open to retail and institutional users.
- Multiple Sui protocols now support the asset for trading and yield, including Aftermath, Bluefin, Cetus, Navi, Scallop, Suilend and others.
- Backed by Ethena’s synthetic-dollar design, suiUSDe is built to function inside onchain risk systems—integrating with margin, liquidation and rewards—to deliver more capital‑efficient dollar exposure on Sui.