Skip to main content

Sui (SUI)

What is Sui?​

Sui is a Layer 1 blockchain built for fast transactions, smart contracts, decentralized applications, and digital assets. Its native asset is SUI, which is used for transaction fees, staking, and network participation.

Here are 5 key points about Sui:

  • SUI is the native asset used to pay network fees and interact with the Sui network.

  • Sui uses the Move programming language for smart contracts and digital assets.

  • Sui can process independent transactions in parallel, helping the network deliver fast transaction finality.

  • Sui supports programmable assets and decentralized applications across DeFi, gaming, and other Web3 use cases.

  • SUI holders can stake their assets with validators to help secure the network and earn rewards.

tip

Learn more about Sui by reading the Gem Wallet Learn article: What Is the Sui Blockchain?

Sui on Gem Wallet​

Gem Wallet has the following features enabled for Sui:

Sui on Gem Wallet SUI Price on Gem Wallet

How to Get Sui (SUI)?​

Here are some ways to get Sui (SUI):

  • Buy Sui (SUI) directly on the Gem Wallet app.
  • Receive SUI with your Sui address in Gem Wallet.
  • Swap supported assets into SUI using Gem Wallet.

Buy SUI on Gem Wallet Received SUI Transaction on Gem Wallet

note

Send only Sui network assets to your Sui address. Assets sent on the wrong chain may not appear in your wallet.

What are Sui Coins?​

Sui tokens are assets issued on the Sui network using its Coin standard. The standard provides a common way for wallets, exchanges, and applications to manage fungible assets on Sui.

  • Supported Sui tokens can be enabled from Manage Tokens in Gem Wallet.

  • Your Sui address is used for both SUI and supported Sui tokens.

  • You need enough SUI to pay network fees when sending Sui tokens.

Manage Sui Tokens on Gem Wallet Sui Token on Gem Wallet

tip

Learn more from the Sui Coin standard documentation.

Transaction Fees on the Sui Network​

The fees on Sui are summarized as follows:

  • Sui transactions require fees paid in SUI.

  • Transfers of tokens on Sui also require SUI for network fees.

  • A Sui transaction can include computation fees and storage fees for the objects it creates or changes.

  • Gem Wallet shows the estimated network fee before you confirm a transaction.

Send SUI on Gem Wallet SUI Network Fee on Gem Wallet

Can I Swap SUI and Sui Tokens on Gem Wallet?​

Yes. Gem Wallet supports swaps for Sui network assets:

  • Swap SUI for supported Sui tokens, and swap supported Sui tokens back to SUI.

Swap SUI to Sui Tokens on Gem Wallet SUI Token Swap Details on Gem Wallet

  • Use Cross-Chain Swap to swap supported assets from other blockchains into SUI.

Cross-Chain Swap SUI on Gem Wallet SUI Cross-Chain Swap Details on Gem Wallet

note

You need enough of the source network's native asset to pay network fees when making a cross-chain swap into SUI.

Can I Stake SUI on Gem Wallet?​

Yes. Gem Wallet supports SUI staking.

  • Stake SUI to earn rewards and help secure the Sui network.

  • Sui staking uses validators. You can choose a validator before confirming the stake transaction.

  • Staked SUI and the current estimated APR are shown in the Sui wallet screen.

  • You can learn more in the SUI staking guide.

Stake SUI on Gem Wallet SUI Staking Details on Gem Wallet

note

Staking rewards and APR can change based on network conditions and validator performance.

How to Check Sui (SUI) Balance?​

Gem Wallet connects to Sui to show your SUI balance. Tap the 3 dots at the upper right corner, then tap View address on Suiscan.

tip

Suiscan is the default Sui explorer of Gem Wallet. You can manually check balances and transactions by going to Suiscan and searching for your Sui address.

Open Suiscan on Gem Wallet SUI Balance on Suiscan

Why Choose Gem Wallet for Sui?​

  • Self-Custody & Security: Gem Wallet gives you full control over your private keys and Sui assets.

  • SUI and Token Support: Send, receive, buy, swap, and manage SUI and supported Sui tokens.

  • Swap and Cross-Chain Support: Gem Wallet supports Sui token swaps and cross-chain swaps into SUI.

  • Native Staking: Stake SUI and manage your staking position directly in the app.

Conclusion

Sui is a fast Layer 1 blockchain for digital assets, decentralized applications, swaps, and staking. In Gem Wallet, users can buy, store, send, receive, swap, and stake SUI while managing supported Sui tokens in a self-custody wallet.