Spring Staked SUI
SSUI
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
Whale Pulse
Large transaction flow (>$10k)
No whale transactions >$10k detected recently for SSUI.
AI Analysis
Comprehensive evaluation of the token
Spring Staked SUI (SSUI) stands out as a premier liquid staking solution within the Sui ecosystem, achieving exceptional scores across all evaluation metrics. The project is distinguished by its technical innovation, specifically the implementation of the 'SpringSui Standard' (SIP-31/33) which enables instant unstaking, thereby solving the critical liquidity and depeg risks associated with traditional LSTs. Security is a standout strength (9.5/10), backed by the reputable Suilend team (formerly Solend) and recent audits from top-tier firms OtterSec and Zellic. Market adoption has been rapid, with over $146M in TVL validating its strong value proposition. The tokenomics are sound, utilizing a value-accruing model that integrates seamlessly with the broader DeFi landscape. With robust community support and active development, SSUI represents a high-conviction, professionally managed protocol.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Spring Staked SUI (SSUI)
Spring Staked SUI (SSUI)
Spring Staked SUI (SSUI) is a liquid staking derivative token on the Sui blockchain. SSUI represents SUI tokens staked via the Spring protocol, automatically accruing network rewards while preserving tradable liquidity.
Symbol: SSUI
Network: Sui
Token Type: Move-based Fungible Resource
Overview
Spring Staked SUI (SSUI) enables holders to stake SUI without locking assets. In return for depositing SUI, users receive SSUI at a 1:1 exchange rate. Staking rewards are auto-compounded and reflected in the evolving SSUI–SUI exchange rate.
Key Features
- Liquid Staking: Instantly mint SSUI by staking SUI, with no unbonding period.
- Auto-Compounding Rewards: Rewards from Sui validators are reinvested into SSUI automatically.
- DeFi Composability: Use SSUI as collateral, provide liquidity, or trade on supported Sui DEXes.
- 1:1 Redemption: Redeem SSUI for underlying SUI plus accumulated rewards at any time.
- Secure Validator Set: Backed by a diversified and audited group of Sui validators.
Use Cases
- Earn continuous staking yield without sacrificing liquidity.
- Supply SSUI in decentralized lending and borrowing markets.
- Trade SSUI on Sui-based decentralized exchanges.
Technical Details
- Smart Contract Standard: Move-based fungible resource
- Contract Info: Available on Sui Explorer
- Total Supply: Dynamic (based on total SUI staked)
- Governance: Managed by the Spring DAO governance framework
Spring Staked SUI (SSUI) is designed for seamless integration into the Sui DeFi ecosystem, combining staking rewards with full liquidity and composability.
