Sui DEX Momentum Targets November Token Generation Event After $25B Volume Milestone

The decentralized exchange, built on the Sui blockchain, reaches $25 billion total trading volume ahead of its planned November token launch.

SUI

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Terms & Concepts
  • Token Generation Event (TGE): The initial creation and distribution of a cryptocurrency’s tokens to investors or the public.
  • Sui blockchain: A layer-1 blockchain platform known for high throughput and low latency for decentralized applications.
  • Decentralized Exchange (DEX): A cryptocurrency trading platform that operates without a central authority, enabling peer-to-peer transactions.