Sui Network’s native token, SUI, is injecting around $15.4 million worth of new tokens into circulation daily this week, contributing to a significant wave of token releases totaling approximately $81.66 million led by artist-token platform Audiera (BEAT).
Steady SUI Unlocks Contrast with BEAT’s Cliff Release
Unlike BEAT, which is unlocking a lump sum of $74.9 million on August 1 equal to 2.12% of its circulating supply, SUI opts for gradual daily token releases. Developed by Mysten Labs, SUI’s vesting schedule distributes tokens across community reserves, early contributors, and the company’s treasury over several days instead of a single event. For example, on August 1 alone, about 13.72 million SUI tokens will hit the market, split between 4 million for the community reserve, 7.65 million for early contributors, and 2.07 million allocated to Mysten Labs treasury. This ongoing release is part of a capped supply totaling 10 billion tokens, with roughly 4.05 billion already in circulation and priced at $0.69 as of July 29, which values the network near $2.78 billion market cap.
Unlock Waves Impact Market Liquidity and Price
Token unlocks often trigger market reactions by increasing sellable supply, a fact traders watch closely. Beyond SUI and BEAT, several projects including EigenLayer’s EIGEN and Kite AI’s KITE are also releasing tokens this week in amounts between $6 million and $7.65 million, adding to the overall supply pressure. Market participants need to monitor how these staggered or cliff unlocks might influence price volatility and liquidity in the short term.
This material is informational and not financial advice.
