Wrapped SUI (uSUI) is a tokenized version of SUI that runs on multiple blockchains including Base, Polygon, and Arbitrum.
uSUI is an ERC-20 token, enabling it to be used in DeFi applications including lending, borrowing, and other financial applications.
uSUI is backed by SUI at a 1:1 ratio via a network of merchants, ensuring that its price is pegged to SUI at all times. The underlying SUI collateral is stored with Coinbase Prime.
Wrapped SUI (Universal) Price Analysis
As of January 13 2025 Wrapped SUI (Universal) has a marketcap of $3.9M.
This is {{percentagefromath}} from its all time high of $5.34.
In terms of its tokenomics, there's a total supply of 813K with 100% currently outstanding.
Keep in mind Wrapped SUI (Universal) has a fully diluted value of $3.9M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude