SUI

Built with the Move programming language, Sui offers high throughput, low latency, and enhanced composability. It’s designed to power fast, secure, and scalable applications with a focus on user-centric experiences. Its speed, low fees, and developer-friendly model make it ideal for building consumer-grade apps.

Understanding Sui

Sui’s architecture introduces a novel approach to blockchain design by organizing on-chain assets as objects. These objects can be owned, transferred, or mutated, making the platform particularly developer-friendly for building gaming, social, and commerce applications.

At the heart of SUI is the Move language. Move allows for safer and more precise asset management, reducing common bugs and vulnerabilities in smart contracts.

4 Key Features of Sui

1. Object-Centric Model: Assets and smart contracts are treated as programmable objects, streamlining development and user interactions.

2. Parallel Execution: SUI can process many transactions concurrently, drastically reducing bottlenecks and enabling high throughput.

3. Fast Finality and Low Fees: Transactions are finalized in under a second with near-zero fees, making SUI ideal for consumer-scale dApps, such as games, social apps, and marketplaces.

4. Mysticeti consensus engine speeds up shared object transactions by reducing latency and improving throughput — making it easier for apps with high interaction volume to scale smoothly.

The Sui Ecosystem

Since its mainnet launch in May 2023, Sui has attracted a vibrant and rapidly growing ecosystem. Notable projects include:

• Slush Wallet – A wallet and onboarding solution for new users

• Suilend - Highest TVL + most used borrow/lend platform on Sui

• Aftermath Protocol - Leading Sui DEX Protocol

• Tradeport - Largest Sui NFT Marketplace

The network’s focus on usability and performance has positioned it as a leading chain for consumer applications.

Accounting on Sui is challenging

For finance teams, Sui introduces new accounting complexities:

• Object-based token tracking makes reconciliation across wallets and smart contracts more nuanced.

• Parallel transaction execution means block ordering may not align with financial expectations around FIFO/LIFO tracking.

• Frequent micro transactions due to low fees can overwhelm traditional tools and require automated classification.

Integral solves this by ingesting Sui transaction data, enriching it with context, and categorizing each movement for clean, auditable records — from protocol revenue to gas costs to developer reimbursements.