On Wednesday, the Sui Foundation announced via a blog post that eSui Dollar (suiUSDe) is now live on Sui, bringing synthetic dollars to DeepBook Margin and unlocking new programmable DeFi strategies.
With DeepBook Margin, eSui Dollar becomes immediately usable across margin trading, lending, and other leveraged DeFi workflows. eSui Dollar will also be available day one on a variety of Sui protocols, providing institutions and retail traders with new and rich experiences.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 1.33% in the last 24 hours, trading at $0.9128 per coin.
Hassan Maishera