Deepbook launches with a 7x surge, SuiNS TGE is imminent, and Walrus is also set to issue tokens?

Written by: Alex Liu, Foresight News

The Sui public chain is developed by Mysten Labs. Many team members at Mysten Labs are former employees of Facebook (Meta), Apple, and Microsoft, including founders:

• CEO: Evan Cheng
• CTO: Sam Blackshear, creator of the Move language
• CPO: Adeniyi Abiodun, the most active co-founder of Sui on social platforms
• Chief Cryptographer: Kostas Chalkias
• Chief Scientist: George Danezis

Mysten Labs aims to build "the internet of tomorrow," with the Sui public chain as its core product. In addition to the public chain, they have developed other protocols, such as airdrops to Sui ecosystem users, the decentralized order book protocol Deepbook, which surged 7 times in a week after launch, and other tools for institutions and users.

With such a strong wealth effect, let's take a look at the products available!

First and foremost is the Sui public chain, which will not be elaborated on here, followed by Deepbook.

Deepbook

Deepbook is a centralized order book protocol designed to enhance trading efficiency in DeFi and serve as the liquidity layer for Sui. Its distinguishing features include:

• High Throughput: Based on the Sui network, Deepbook can process thousands of transactions per second, enabling fast trading.
• Order Matching: Supports advanced matching algorithms for optimal trade execution, reducing slippage and improving liquidity.
• Transparency and Security: Ensures all transactions are on-chain, fostering trust and accountability within the ecosystem.
• Composable DeFi: Integrates with other DeFi protocols to promote innovation and expand user choices. Popular aggregators in the Sui ecosystem, such as Hop, Aftermath, Cetus, and 7K, are all integrated with Deepbook.

Deepbook recently launched its v3 version alongside the token, and the protocol's adoption rate is still in its early stages, with trading volumes significantly lower than mainstream DEXs like Cetus on Sui. However, its token DEEP reached a maximum FDV of over $900 million after launch, surpassing the combined FDV of the aforementioned DEXs and aligning with the current hot topic of Scroll, highlighting the significant backing from the "Mysten Labs team."

Enoki

Enoki is a platform aimed at enterprises, designed to enhance customer engagement through Web3 technology. Features include:

• Personalized Interaction: Utilizes blockchain to provide customized experiences for customers.
• Seamless Integration: Easily integrates with existing systems, allowing businesses to enhance customer experiences without major changes.
• Data Ownership: Empowers customers to control their own data, fostering trust and loyalty.
• Innovative Features: Uses decentralized tools for loyalty programs, rewards, and community-building activities.

For more details, it is recommended to read: Enoki: A Breakthrough for Sui to Enhance Enterprise Adoption and Achieve "Massive Adoption"? Mysten Labs has launched Enoki—a SaaS platform that helps enterprises seamlessly integrate blockchain.

Kiosk

Kiosk is a decentralized system serving commercial applications on Sui, featuring:

• Shared Ownership: Kiosk objects are owned by multiple parties, allowing them to store assets and list them for sale. Ownership remains with the seller until a purchase occurs.
• Customizable Trading Features: Supports various trading options, including auctions, enabling creators to flexibly design their sales processes.
• Customizable Strategies: Creators can set rules for each transaction, such as royalties or specific actions required during the transaction period.

Kiosk is natively integrated into the Sui framework, available for all developers looking to enhance their business applications.

SuiPlay

SuiPlay0X1 is the first handheld gaming device combining Web3 technology, heavily promoted by the Sui founding team, currently in pre-sale and expected to ship in the first half of next year.

Additionally, the OG meme coin FUD on Sui has announced an airdrop for the first batch of SuiPlay0X1 devices next year, with the official page indicating "exclusive rewards."

What other features does the device have, what are its specifications, and is it worth buying? Recommended reading: Priced at 599u, is the SuiPlay gaming handheld worth it?

SuiNS

SuiNS is a digital identity protocol on Sui, allowing you to link your avatar to a domain name and create an IPFS website. At the same time, SuiNS uses the @ symbol to replace the traditional .sui Web3 domain name format, such as using @google instead of google.sui, simplifying user recognition and promoting the adoption of subdomains, such as a company like Google being able to distribute subdomains like user1@google and user2@google after purchasing @google.

SuiNS has airdropped NFT vouchers to domain name holders that can be redeemed for tokens at TGE. If you qualify, you will see the above prompt in your Sui Wallet. With Deepbook's high valuation as a precedent, the price of the NS token is also full of potential.

If you acted on the information provided by the author in April, you could have obtained tens of thousands of tokens at most. (Article review: With the conference approaching, rumors are rising, is the Sui ecosystem welcoming a new round of airdrop season?)

Walrus

The decentralized storage network Arweave has launched its computing layer AO, successfully causing a rebound in the price, ecosystem, and popularity of AR tokens, marking a significant turnaround.

As a general-purpose computing chain, what waves will Sui's decentralized storage network Walrus create?

For detailed information, it is recommended to read: Interpreting Walrus, Sui's New Decentralized Storage Solution (Produced by the Sui development team, independent PoS chain, new governance token WAL, potential airdrop opportunities)

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