Coin98 Wallet has become the official supporter of the Sui blockchain, and the latter is available to operate native $SUI swaps and all the token in the ecosystem in the wallet. This release will make use of the SwapX feature, which will provide safe, fast and convenient swapping experience, with the integration of the OKX DEX. It eliminates the necessity of external platforms so that users have a smooth point of entry into DeFi.
Sui Blockchain
Sui is an extreme scale, low latency Layer 1 blockchain built by Mysten Labs. It implements an object-centric model of data, and Move programming language simultaneously processes transactions. In its 2023 whitepaper, Sui supports up to 120,000 TPS in the best-case scenario, and is much faster than Ethereum (1530 TPS) or even Solana (156,000 TPS), though it does not actively advertise this capacity. The technology makes Sui a competent candidate of real-time DeFi and NFT implementations.
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