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Sui is a high-performance Layer-1 blockchain designed to offer unparalleled scalability and low latency for decentralized applications, utilizing its native SUI token for network staking and transaction fees.
In April 2023, the project successfully completed a public allocation event on the OKX Jumpstart launchpad. The event generated a total of $23.25 million in funding. This raise was split between a general sale offering 225 million SUI at $0.10 per token and a specialized recognition sale distributing 25 million SUI at $0.03 for allowlisted ecosystem contributors. The general sale tokens followed a strict vesting schedule, with an initial 1/13 unlocked at the May 3, 2023 mainnet launch, followed by 1/13 unlocking monthly over a 12-month period.
CoinLaunch Score:
Last update:
High
04 Aug 2026
Sui - IEO on OKX Jumpstart Overview
start date:
23 Apr 2023
end date:
24 Apr 2023
price:
$0.093
tokens for sale:
250,000,000
Raise:
$23,250,000
Min. Buy:
N/A
Max. Buy:
$1,000
Industry:
Blockchain Infrastructure
Lock-up:
Launchpad
1/13 initial unlock at mainnet launch, followed by 1/13 monthly over 12 months
OKX Jumpstart
How to join Sui - IEO on OKX Jumpstart?
To participate in the Sui IEO on OKX Jumpstart, users were required to fulfill specific exchange requirements and hold OKB tokens. The subscription period ran from April 23, 2023 to April 24, 2023, utilizing a lottery-based allocation system. Participants needed to complete advanced KYC2 identity verification and reside in eligible, non-restricted jurisdictions.
During the snapshot period, users generated lottery tickets based on their average OKB holdings across funding, trading, and earn accounts, with 4 tickets awarded per 1 OKB held. The general sale allowed a maximum individual purchase of 10,000 SUI - equivalent to a $1,000 allocation - while individual winning tickets were capped at a value of 100 SUI each. Users who did not win the randomized draw were fully refunded their OKB commitments.
Step-by-step Guide
Register an account on the OKX exchange and complete standard KYC2 identity verification.
Maintain a minimum average balance of OKB tokens during the multi-day snapshot period.
Access the OKX Jumpstart platform during the active subscription window and commit your OKB to generate lottery tickets.
Wait for the randomized draw on April 24, 2023 to determine your final winning ticket allocation.
Claim your initial unlocked SUI tokens upon the official mainnet launch event on May 3, 2023.
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