what's suiUSDe?
suiUSDe is a native stablecoin on the Sui blockchain, launched through a partnership between Sui Group Holdings (SUIG), Ethena Labs, and the Sui Foundation. As the first income-generating digital dollar on a non-EVM chain, it functions as a synthetic dollar token that generates revenue from its backing mechanisms and protocol activities. This revenue is directed by the Sui Network and SUIG toward purchasing SUI tokens on the open market, creating a flywheel effect for ecosystem value accrual. suiUSDe integrates with Sui's high-performance infrastructure, enabling seamless use in DeFi applications, payments, and other on-chain activities within the Sui ecosystem.
SUI Foundation/Ethena launch SUIUSDE/USDI stablecoins; 90% revenue buys SUI tokens.
Reached circulating supply contributing to Ethena's white label stablecoins crossing $100M total and now sitting at $131M collectively across jupUSD, USDm, and suiUSDe.
Listed on Bluefin Spot exchange as of February 11, 2026.
Integrated across eight DeFi protocols on Sui: Aftermath, AlphaLend, Bluefin, Ember Protocol, Navi Protocol, Pyth Network, Scallop, and Suilend. Listed on Scallop lending pools as a supply asset on February 11, 2026, and on DeepBook with support across Cetus, Navi, Bluefin, and Scallop.
Integrated with DeepBook on Sui Mainnet for margin support via Abyss, Cetus Protocol, and DeepTrade, building a synthetic-dollar margin layer for autonomous AI trading systems on Sui Network.
Launched suiUSDe and USDI on Sui Network with SUI Foundation and Ethena on February 12, 2026, allocating 90% of revenue to SUI token purchases. Launched eSui Dollar vault.