Sui Network（SUI Coin）即将解锁价值约 3 亿美元的代币

这将导致 Sui 代币经济和 SUI 的流通供应量增加。此外，此举是每月解锁计划的一部分，该计划会稀释投资者的股权

Crypto analytic platform Tokenomist tracks and reports on Sui (SUI Coin) cliff-unlock events. For instance, on December 1, Sui’s largest unlock event to date occurred. This was also driven by SUI’s continued price appreciation. In this event, Sui released 64.19 million tokens valued at $224 million. If SUI trades close to its current level, this phenomenon will be repeated on the first day of 2025. Notably, the usual 64.19 million SUI Coin unlock is now nominally valued at $274.11 million. This would artificially inflate Sui’s circulating supply and market capitalization by 2.19% after the token unlock.

加密分析平台 Tokenomist 跟踪并报告 Sui (SUI Coin) 悬崖解锁事件。例如，12月1日，隋发生了迄今为止最大规模的解锁事件。这也是SUI价格持续上涨的推动因素。在本次活动中，Sui 发行了 6419 万枚代币，价值 2.24 亿美元。如果 SUI 的交易价格接近当前水平，这种现象将在 2025 年的第一天重演。值得注意的是，通常解锁的 6419 万枚 SUI 币现在名义价值为 2.7411 亿美元。这将在代币解锁后人为地使 Sui 的流通供应量和市值增加 2.19%。

To be precise, there are still 1.85 billion SUI locked in contracts that have been vested with a planned unlock. Over 5.22 billion SUI coins are yet to be scheduled for an unlock, categorised as ‘TBD locked’ by Tokenomist.

准确来说，已计划解锁的合约中仍有18.5亿SUI被锁定。超过 52.2 亿个 SUI 代币尚未安排解锁，被 Tokenomist 归类为“TBD 锁定”。

Around $600 million in token unlocks next week

下周将解锁约 6 亿美元的代币

Tokenomist’s ‘Cliff Unlocks’ data also shows that 43 altcoin projects will unlock $581.95 million worth of tokens in the next seven days. Other projects with significant unlocks include Optimism (OP) and ImmutableX (IMX) with $60.80 million and $36.04 million, respectively. However, SUI Coin accounts for roughly half of all cliff-unlocks for the upcoming week. In other words, it has the largest share in these events.

Tokenomist 的“Cliff Unlocks”数据还显示，43 个山寨币项目将在未来 7 天内解锁价值 5.8195 亿美元的代币。其他获得重大解锁的项目包括 Optimism (OP) 和 ImmutableX (IMX)，分别获得 6,080 万美元和 3,604 万美元。然而，SUI 币约占未来一周所有悬崖解锁的一半。换句话说，它在这些事件中所占的份额最大。

SUI Coin tokenomics and market impact explained by Barbosa

Barbosa 解释 SUI Coin 代币经济学和市场影响

According to Barbosa’s analysis, Series A and B investors in Sui will receive the highest proceeds, each getting over 19 million SUI, which is 61% of the total. Mysten Labs will get the remaining 25.03 million. The project allocated 12.63 million for the community, early contributors got 10.34 million and 2.07 million were allocated to the treasury. Sui Network has so far unlocked 29% of the maximum 10 billion SUI Coin supply. At $4.27 per token, Sui has a fully diluted value (FDV) of $42.70 billion, which is close to the circulating market capitalization of Circle’s USDC.

据Barbosa分析，Sui的A轮和B轮投资者将获得最高收益，每人获得超过1900万SUI，占总额的61%。 Mysten Labs 将获得剩余的 2503 万枚。该项目向社区拨款1263万，早期贡献者获得1034万，向国库拨款207万。 Sui Network 迄今已解锁 SUI Coin 最大供应量 100 亿的 29%。按每个代币 4.27 美元计算，Sui 的完全稀释价值（FDV）为 427 亿美元，接近 Circle 的 USDC 的流通市值。

As you have been following from Kriptokoin.com, every time the network unlocks more tokens, it increases the potential selling pressure and also artificially inflates the market value. According to the laws of economics, an increased supply needs a similar or better increase in demand to sustain its prices. Hence, Sui’s largest cliff-unlock event to date poses an immediate threat to SUI Coin investors, diluting the value of their holdings. Meanwhile, Sui allows Mysten Labs and Series A/B investors to stake their locked tokens, a unique tokenomics feature. These positions earn asymmetric liquid rewards compared to other staking investors.

正如您从 Kriptokoin.com 所关注的那样，每当网络解锁更多代币时，就会增加潜在的抛售压力，并人为地抬高市场价值。根据经济规律，供应增加需要类似或更好的需求增加才能维持其价格。因此，Sui 迄今为止最大的悬崖解锁事件对 SUI Coin 投资者构成了直接威胁，稀释了他们所持资产的价值。与此同时，Sui 允许 Mysten Labs 和 A/B 系列投资者质押他们的锁定代币，这是一种独特的代币经济学功能。与其他质押投资者相比，这些头寸获得了不对称的流动性回报。