SUI, the native token of the Sui network, plunged 9% to $2.10 over the past 24 hours, sharply underperforming the broader crypto market during a sector-wide selloff. The token's 4.89% lag behind the crypto market suggests the move wasn’t just about market weakness but that it was SUI-specific. The selloff carried the hallmarks of institutional liquidation. Prices dropped from $2.32 to test critical support, with trading volume surging 53% above the 7-day average. The spike in activity points to large-blo ...

SUI dropped 9.1% to $2.29 on Thursday, under pressure from mounting concerns over a $147 million token unlock scheduled for November. The sell-off intensified when the token broke below a key $2.41 support level, triggering a wave of liquidations as volume surged 160% above average during early morning trading. The breakdown started when trading volume spiked to 37.5 million. Stop-loss triggers accelerated the move, sending the token from $2.51 to as low as $2.27 before stabilizing. Institutional selling ...

产品核心特点 - Figure Certificate Company于10月14日宣布在Sui区块链上部署其SEC注册的安全代币YLDS [1] - YLDS提供受监管的收益以及不依赖传统加密货币交易所的直接美元出入金通道 [1] - 该代币的收益率为担保隔夜融资利率减去35个基点 并由短期国库证券支持 [1] - YLDS持有人每日计息 获得SOFR减去35个基点的收益 从而获得无风险利率敞口 [4] - 与大多数维持固定1美元挂钩且不产生回报的稳定币不同 YLDS在保持可兑换美元的同时每日计息 [4] 监管与法律地位 - 公司根据《1940年投资公司法》在SEC注册为面额证书公司 这使得YLDS与不受监管的稳定币区分开来 [2] - SEC注册增加了典型稳定币结构中所缺乏的监管监督 [4] - 公司的法律顾问于2025年4月和5月就YLDS交易对作为非证券加密资产结算机制向SEC提交信函 并于2025年2月提交了S-1注册声明书的第6号修正案 [7] 技术集成与合作伙伴关系 - YLDS在Sui上的原生部署支持即时的点对点转账 并具备传统证券的监管框架 [5] - YLDS将成为Sui原生中央限价订单簿和流动性平台DeepBook的收益层 并支持其即将推出的保证金交易系统 [6] - Figure与Mysten Labs的合作将受监管的金融产品与Sui的区块链协议连接起来 [6] - 公司与Sui正在探索将SUI代币整合至Figure的借贷平台中作为抵押品 [5] 市场定位与行业背景 - 随着稳定币活动增长 YLDS提供了一种生息替代方案 [7] - 担保隔夜融资利率是美元计价贷款和衍生品的基准利率 于2023年取代LIBOR成为美国金融市场的主要参考利率 [3] - 市场上已出现类似的SEC批准产品 例如Hashdex的加密指数ETF [6]