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WaterX Officially Launches on Sui Mainnet, Offering Perpetual Contracts, Prediction Markets, and Tokenized Stocks

Odaily Odaily reports, according to official Sui news, WaterX has officially launched on the Sui mainnet. Users can now access perpetual contracts, prediction markets, and tokenized stocks (including pre-IPO stocks) within a single account.Additionally, early users who incurred net losses during the testing phase will receive refunds.

DeFi Platform DeepBook: Season 1 Airdrop Claims Are Now Live

DeepBook, a DeFi platform on the Sui ecosystem, announced on X that the first season of its points program has concluded, and DEEP token claims are now open. The first season ran from January 22 to April 17. Users can connect their corresponding wallets to view their allocation and claim tokens.

Sui Official Releases Post-Mortem of Mainnet Outage: Three Major Failures Caused by Upgrades, No Confirmed Transactions Reverted

Sui Chinese Official released a post-mortem of the mainnet outage, stating that on May 28 (Thursday) and May 29 (Friday), 2026, Pacific Time (UTC-7), the Sui mainnet experienced three network failures. The first two failures stemmed from a crash vulnerability caused by the interaction between the Gas charging logic and the recently released version 1.72 (which introduced the Address Balances feature). The fix for Thursday's incident was a temporary measure aimed at restoring network operations as quickly as possible while the Sui core team developed a long-term solution. The team was aware that this temporary fix had an extremely low probability of causing network failure but accepted this risk to expedite mainnet recovery. On Friday morning, another variant of this known issue was triggered, leading to another failure.The third failure occurred during the routine Epoch transition on Friday afternoon. When validators restarted nodes to deploy Friday morning's fix, a long-dormant defect in the Randomness State preservation was triggered, causing another network failure.Failure timeline: First: Started Thursday around 7:00 PT, recovered at 13:30 PT; Second: Started Friday around 5:00 PT, recovered at 8:30 PT; Third: Started Friday around 13:30 PT, recovered at 19:20 PT;Throughout the entire incident, user funds remained secure, and no confirmed transactions were reverted after network recovery.Currently, validators have fully fixed the original Gas Charging and Randomness State vulnerabilities, and network activity has returned to normal.

Sui Mainnet Suffers Third Outage, Upgrade Vulnerability Identified as Root Cause

According to The Block, the Sui Foundation released an incident report on May 31, disclosing three consecutive outages on its mainnet from May 29 to 30—each traced back to two independent bugs introduced in the v1.72 upgrade. The first two outages were caused by a gas fee calculation error stemming from the newly launched “address balance” feature: funds were deducted even when transactions were canceled, resulting in negative account balances and subsequent validator node crashes. The third outage was triggered by a latent vulnerability in the random number generator during node restarts, preventing the network’s epoch from closing normally. The Sui Foundation stated that all known issues have now been resolved; user funds remained unaffected throughout the incidents, and no settled transactions were rolled back. The Foundation plans to further enhance its fault-tolerance mechanisms to ensure future similar bugs impact only individual transactions—not the entire network.

Sui Mainnet Has Resumed Operations; Official Announces Cause of Network Downtime

Sui announced that the mainnet has resumed normal operations and user transactions are being processed again. The official attributed this outage to an anomaly in random number initialization and issues related to state persistence during the epoch transition.

Sui Mainnet Paused Processing User Transactions Due to Abnormal Epoch Transition

The Sui mainnet encountered an issue during the epoch transition and has temporarily halted user transactions. The core team is investigating the root cause.

Sui mainnet resumes operation, both outages caused by the same software bug

: Sui announced on the X platform that its mainnet has resumed normal operations, and transaction flow has stabilized. The official confirmed that both network outages yesterday and today were caused by an interaction issue between the Address Balances feature introduced in version 1.72 and the Gas billing logic. The fix deployed yesterday was a temporary measure aimed at quickly restoring network functionality, but it had a known issue with a "low probability of triggering an outage." Today, a variant of that issue was triggered on the mainnet, causing the network to pause again.Currently, validators have completed the deployment of a long-term fix. The official stated that the known issue has been thoroughly resolved, and network activity has fully recovered. The Sui team said a more detailed post-mortem report will be released subsequently.

Sui Mainnet Recovers After Brief Outage, Official Confirms Caused by Gas Billing Vulnerability

Sui officially announced a network outage on its mainnet due to a vulnerability in the Gas billing logic of version 1.72, temporarily halting all transactions and on-chain activities. The Sui Core team has now completed emergency response, and the mainnet has resumed normal operations. The official statement indicated that a comprehensive post-mortem report will be released subsequently, detailing the cause of the incident and the fix.

The Sui mainnet has resumed operations after being suspended due to a crash vulnerability in the gas billing logic.

Sui announced that Sui Mainnet operations, which were suspended due to a crash vulnerability in the gas billing logic introduced in version 1.72, have now resumed. Sui stated that a full post-mortem of this incident will be published in the coming days.

Sui Mainnet Experiences Network Stall, Transactions May Be Paused

Sui Network announced on the X platform that the mainnet is currently experiencing a network stall, and the core development team is actively working on a resolution. Please note that transactions may be paused at this time, and further updates will be provided as soon as possible.

CME Launches Avalanche and Sui Futures Contracts

CME Group announced on X that it has launched Avalanche (AVAX) and Sui (SUI) futures contracts for investor trading.

Gate Alpha Stock Token Trading Competition is Now Live, with a Total Prize Pool of $50,000

according to official news, Gate Alpha officially launched the stock token trading competition on May 26th at 14:00 (UTC+8). Users can participate by trading designated hot coins to share in the total $50,000 airdrop reward. This event features a dual reward mechanism with a 100% winning rate. For users who did not register via an invitation code, every 200 USDT traded grants 1 chance to draw a regular blind box, with a total prize pool of approximately $20,000. Each single draw guarantees a minimum of 0.16 GT and a maximum of 7.14 GT. For users who registered via an invitation code, every 500 USDT traded grants 1 chance to draw a premium blind box, with a total prize pool of approximately $30,000. Each single draw guarantees a minimum of 0.36 GT and a maximum of 14.29 GT. Each user has a limit of up to 20 draw chances per day, and a total limit of 80 draws throughout the entire event. All rewards are distributed in real-time, first come, first served.Gate Alpha now supports popular public chains such as SOL, ETH, Gate Layer, BSC, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. Through the contract address search function, users can achieve seamless trading of tokens across all chains, bridging cross-chain trading pathways and enabling one-click access to on-chain tokens.

SlowMist Discloses Cross-Registry Supply Chain Attack Targeting Crypto and AI Developers

According to on-chain analyst PeckShield (@PeckShieldAlert), SlowMist’s threat intelligence system MistEye has detected a cross-registry supply chain attack targeting developers. Malicious packages have spread across three major registries—npm, PyPI, and Crates.io—comprising over 34 malicious packages and more than 384 related versions. The attack targets developer communities in cryptocurrency, DeFi, Solana, Sui/Move, and AI. It may lead to the theft of cryptocurrency wallets, SSH keys, cloud credentials, GitHub/AWS tokens, browser data, and other sensitive developer information. Some malicious payloads also attempt persistence via mechanisms including `.cursorrules`, `CLAUDE.md`, Git hooks, cron, systemd, and SSH. SlowMist recommends immediately removing affected packages, isolating compromised systems, rotating exposed credentials, rebuilding CI environments and developer machines from clean images, and conducting comprehensive reviews of GitHub, cloud, SSH, and wallet-related activities.

TrapDoor Cryptocurrency Theft Campaign Spans npm, PyPI, and Crates.io, Involving Over 34 Malicious Packages

According to research by security firm Socket Security, a cryptocurrency-stealing supply chain attack dubbed “TrapDoor” spans npm, PyPI, and Crates.io, involving over 34 malicious packages and 384 related versions and artifacts. The attack targets cryptocurrency, DeFi, Solana, Sui, Move, and AI developers. Attack samples can steal sensitive information including SSH keys, wallet data, AWS credentials, GitHub tokens, browser data, and environment variables. Specifically, npm packages execute the shared payload `trap-core.js` via the `postinstall` hook; PyPI packages execute remote JavaScript upon import; and Crates.io packages steal local keystores via `build.rs`. Socket has flagged all related packages as malicious and reported them to the respective package registries.

SUI Group: SUI Holdings Exceed 108 Million Tokens, Market Cap Approximately $115 Million

According to Businesswire, Nasdaq-listed SUI Group updated its operational metrics, revealing that its SUI holdings have surpassed 108 million tokens—reaching 108,793,779 as of May 19. This holding size corresponds to a market capitalization of approximately $115 million (based on an SUI price of $1.06), with an overall staking yield of roughly 1.8%. Its market capitalization relative to its market net asset value (mNAV) stands at approximately 0.91x, reflecting a narrowing from prior levels.

Gate Smart Leverage now supports XAUT (Gold), XAG (Silver), and CL (Crude Oil), with up to 200x leverage available

according to the official announcement, Gate Smart Leverage has now officially added support for XAUT, XAG, and CL, further expanding trading scenarios for popular assets such as gold, silver, and crude oil, helping users capture trend opportunities more flexibly amid market fluctuations.As an innovative structured derivative pioneered by Gate, Smart Leverage supports leverage of up to 200x and waives the forced liquidation mechanism during the holding period. It is not affected by short-term extreme market conditions or "wicks," making it more suitable for users employing trend trading and swing strategies. Additionally, the product caps risk exposure. The maximum potential loss for a user is limited to the principal of a single subscription, with no risk of liquidation or additional debt. Currently, Gate Smart Leverage supports various popular assets, including BTC, ETH, XRP, SOL, HYPE, SUI, XAUT, XAG, CL, and others.

analysis: Bitcoin funds saw over $700 million in weekly inflows, with institutional capital entering the crypto market for five consecutive weeks

CoinShares data shows crypto funds saw net inflows of $858 million last week, marking the fifth consecutive week of inflows and the largest single-week inflow since the end of April. Among them, Bitcoin funds attracted over $700 million in a single week, with year-to-date inflows reaching $4.9 billion, indicating sustained growth in institutional investor demand for the crypto market.Market analysis suggests that positive expectations related to the "Clarity Act" have driven an improvement in institutional sentiment. Currently, BTC prices remain above the $80,000 mark, with the market watching for a potential breakout of the 200-day moving average near $82,000. Marex analysts point out that if Bitcoin manages a daily close above $82,000 accompanied by stable spot buying, it could initiate a new upward trend.In the altcoin space, SUI rose 12% in 24 hours to $1.26. Mysten Labs co-founder Adeniyi Abiodun revealed that Sui plans to launch confidential transaction features this year to support fee-free private payments. Additionally, Nasdaq-listed Sui Group Holdings (SUIG) previously announced that it has staked most of its reserve SUI, effectively reducing the circulating market supply by approximately 2.7%. (CoinDesk)

Mysten Labs Co-founder: Sui has processed over $1 trillion in stablecoin transaction volume since August last year

Mysten Labs co-founder Adeniyi Abiodun stated at Consensus 2026 that the Sui network has processed over $1 trillion in stablecoin transaction volume since August last year, and plans to launch zero-fee stablecoin transfers and privacy payment features.Abiodun stated that Sui aims to become the "default network for the future flow of funds," noting that current traditional cross-border payment systems charge excessively high fees. For example, transferring $100 to Nigeria could incur a $35 fee. Future financial systems should not be as fully public as social media, and users require stronger privacy protection capabilities. Sui is developing a storage layer that supports encrypted transaction intents to accommodate AI Agent-driven automated payments as well as future refund and fraud handling mechanisms. Additionally, Sui is currently testing quantum-resistant signature technology on its testnet, aiming to complete deployment before the EU's quantum security requirements take effect in 2030. Abiodun also expressed willingness to coordinate with the Bitcoin ecosystem and open-source the relevant research.However, Sui has recently faced technical stability challenges, with its mainnet experiencing several hours of downtime in January 2026. The current price of SUI is approximately $0.99, down about 81% from its all-time high of $5.35 set in January 2025. (The Block)

Gate Alpha May Day Special Event Launches with a Total Prize Pool of $100,000

Odaily Odaily News According to official sources, Gate Alpha officially launched its May Day special event at 14:00 (UTC+8) on April 30. Users can trade designated hot tokens to participate in sharing a total airdrop reward worth over $100,000. This event features a dual reward mechanism for basic and advanced tiers: For the basic tier, users can earn one chance to draw a regular mystery box for every 200 USDT traded, with a total prize pool of approximately $30,000, a 100% win rate, and prizes including an iPhone 17, GT tokens, and Alpha fee rebate vouchers. For the advanced tier, once users have traded up to 2,000 USDT, every additional 500 USDT traded grants one chance to draw a premium mystery box, with a total prize pool of approximately $76,000, and prizes including an iPhone 17 Pro Max, substantial GT tokens, and substantial Alpha fee rebate vouchers. Additionally, inviting friends to complete their first trade of 100 USDT will grant extra rewards to both the inviter and the new user. All rewards are distributed in real-time and are available only while supplies last.Gate Alpha now supports popular public chains including SOL, ETH, Gate Layer, BNB Chain, Base, SUI, ARB, World Chain, AVAX, Polygon, LINEA, ZK, OP, and Berachain. It also enables seamless cross-chain token trading through a contract address search function, unlocking cross-chain trading pathways and offering users all on-chain tokens at their fingertips.

Sui: Perpetual Contract Protocol Aftermath Finance Suffers Exploit; Will Assist in Recovering Funds

According to an official announcement by Sui, Aftermath Finance’s perpetual contract protocol deployed on the Sui network was exploited due to a vulnerability, and the affected protocol has been immediately suspended. The Sui Foundation, in collaboration with Mysten Labs, stated that it will actively assist Aftermath Finance in recovering user funds and is committed to ensuring the continued operation of the Aftermath protocol. Aftermath Finance will provide further updates on the fund recovery progress in the near future.