What is SuiX?
SuiX is the first passive index utility for the Sui blockchain ecosystem. Instead of researching, buying, and managing multiple tokens individually, SuiX gives you instant exposure to the top 5 tokens in the Sui ecosystem through a single token.
Think of it as the S&P 500 for Sui—one investment, automatic diversification.
Why Use SuiX?
Diversification Without Complexity
Owning a basket of tokens reduces risk compared to betting on a single project. SuiX automatically maintains exposure to the leading Sui ecosystem tokens by market cap.
Zero Active Management
No need to monitor markets, execute trades, or rebalance your portfolio. SuiX handles everything automatically through smart contracts and backend automation.
Capital Efficient
Instead of locking up capital across 5+ different tokens (each with their own gas fees and liquidity concerns), you hold one liquid token that represents them all.
Transparent & Verifiable
All vault holdings are stored on-chain in the SuiX vault contract. Every rebalancing event and trade can be verified on SuiScan in real-time.
How SuiX Works
Deposit SUI
Connect your wallet to the SuiX app and deposit SUI tokens. The system calculates the current Net Asset Value (NAV) and mints SUIX tokens proportional to your deposit.
Example: If 1 SUIX = 0.97 SUI at the time of deposit, depositing 100 SUI gives you ~103 SUIX tokens (after 0.25% fee).
Automatic Diversification
Your SUI is deployed into the top 5 Sui ecosystem tokens by market cap, weighted proportionally. The vault uses 7K Protocol's DEX aggregator to execute trades across multiple DEXes (Cetus, Turbos, FlowX) for optimal pricing.
Current holdings are always visible on the dashboard and updated in real-time.
Automated Rebalancing
As token prices fluctuate and market caps shift, SuiX monitors allocations continuously. When any token's weight drifts by ±3% from its target allocation, the rebalancer automatically executes trades to restore balance.
Rebalancing checks run every 12 hours (8 AM and 8 PM EST). If rankings change (e.g., a new token enters the top 5), the vault exits the old position and enters the new one.
Redeem Anytime
Burn your SUIX tokens to withdraw your proportional share of the vault's holdings in SUI. Redemption happens at the current NAV with no lockups or waiting periods.
Example: Redeeming 100 SUIX when NAV = 0.98 SUI returns ~97.75 SUI to your wallet (after 0.25% fee).
Fee Structure
SuiX uses a transparent fee model to cover operational costs and infrastructure:
Deposit Fee: 0.25%
Charged when you mint SUIX tokens. This fee covers:
- Backend infrastructure and server costs
- Initial deployment of capital across multiple tokens
- Data feeds (CoinGecko, DexScreener)
Example: Depositing 100 SUI incurs a 0.25 SUI fee, resulting in 99.75 SUI deployed into the vault.
Withdrawal Fee: 0.25%
Charged when you redeem SUIX tokens for SUI. This fee covers:
- Liquidation of your proportional holdings
- Backend processing
Example: Redeeming 100 SUIX worth 98 SUI incurs a 0.245 SUI fee, returning 97.755 SUI to your wallet.
Trading Fees
DEX trading fees (typically 0.25–0.30% per swap) are incurred during rebalancing and initial deposits. These fees are retained to cover:
- Gas costs for rebalancing transactions
- Continuous monitoring and automation
- Infrastructure maintenance
- Protocol development
No Recurring Management Fees: Unlike traditional index funds that charge ongoing annual fees (typically 0.5–2%), SuiX only charges when you deposit or withdraw. There are no time-based fees for holding SUIX tokens.
No Performance Fees: SuiX does not take a cut of your gains. The vault's performance belongs to you.
Rebalancing Logic
Market-Cap Weighted Methodology
SuiX tracks the top 5 tokens in the Sui ecosystem by market capitalization, excluding stablecoins and low-liquidity tokens. Market cap data is sourced from CoinGecko.
Drift Threshold: ±3%
Rebalancing is triggered when any token's actual allocation drifts ±3% from its target weight.
Target weight: 25%
Trigger rebalance if actual weight < 22% or > 28%
This threshold prevents excessive trading from minor price fluctuations while ensuring allocations don't drift too far from targets.
Rebalancing Schedule
The automated rebalancer checks allocations every 12 hours at 8 AM and 8 PM EST. If drift exceeds ±3%, trades are executed automatically via 7K Protocol's MetaAg aggregator.
Token Rankings
If a token drops out of the top 5 by market cap, it is replaced by the new top 5 token. The vault exits the old position entirely and enters the new position at the appropriate weight.
Trade Execution
All trades use 7K Protocol's DEX aggregator, which splits orders across multiple DEXes (Cetus, Turbos, FlowX) to minimize slippage and achieve the best pricing.
SELL trades are executed first to free up SUI, then BUY trades deploy the capital into underweight positions.
Safety Mechanisms
Volume Filtering
Tokens must have sufficient 24-hour trading volume to avoid liquidity traps
Keyword Filtering
Tokens with names containing 'stable', 'usd', 'peg', etc. are excluded
Fail-Safe
If 7K Protocol's aggregator is unavailable, rebalancing pauses until infrastructure is restored
Security & Transparency
Hybrid Architecture
SuiX uses a combination of smart contracts and automated backend services to balance security with functionality:
Smart Contract (On-Chain)
- All vault assets are held securely in the SuiX vault smart contract
- Users deposit SUI directly to the contract
- Withdrawal requests are initiated through the contract
- The contract enforces authorization rules that restrict backend operations
Backend Services (Off-Chain)
- Automated bot monitors contract events (deposits, withdrawals, rebalancing triggers)
- Executes rebalancing trades via 7K Protocol's DEX aggregator
- Handles SUIX token minting and burning
- Operates as an authorized address with specific, limited permissions
Your funds remain in the vault smart contract at all times.
The backend has limited administrative permissions for operational functions (minting, burning, executing rebalancing trades). These permissions enable the vault to function but do not allow the backend to withdraw user assets directly.
Smart Contract Address
Live Pricing
Token prices are fetched from DexScreener's live API, which aggregates real-time pricing across all major Sui DEXes. NAV is recalculated continuously to reflect current market conditions.
Audits
Smart contract audits are currently in progress. Audit reports will be published here once completed.
Risk Disclosure
SuiX is experimental beta software. Use at your own risk.
Potential risks include:
- Smart contract vulnerabilities
- Backend service downtime or failures
- Oracle failures or data inaccuracies
- DEX liquidity issues
- Slippage during rebalancing
- Market volatility and token delistings
- Token price crashes or rug pulls
Always do your own research and never invest more than you can afford to lose.
Frequently Asked Questions
The vault tracks the top 5 Sui ecosystem tokens by market cap. Current holdings are displayed live on the dashboard. Recent holdings have included tokens like WAL, DEEP, SUI, TRUTH, and MMT (subject to change as rankings shift).
Rebalancing checks occur every 12 hours at 8 AM and 8 PM EST. Trades are only executed if allocations drift ±3% from target weights or if token rankings change.
There is no hard minimum, but due to gas costs and the 0.25% fee structure, deposits below 10 SUI may not be economical.
Yes. SuiX is not risk-free. Token prices can decline, and rebalancing incurs trading costs. The vault aims to track the performance of the top Sui tokens, but this does not guarantee profits. You could lose some or all of your investment.
NAV is recalculated continuously using live token prices from DexScreener. When you mint SUIX, you receive tokens based on the current NAV. When you redeem, you receive SUI based on the current NAV.
If a token drops out of the top 5 by market cap, the rebalancer exits the position and reallocates to the new top 5 token. If a token's liquidity collapses entirely, the vault may hold a 'dead' position until it can be exited safely. This is an inherent risk of passive indexing.
Currently, redemptions return SUI only. The vault liquidates your proportional share of holdings and returns SUI to your wallet.
Smart contract audits are in progress. Reports will be published once completed. Backend infrastructure undergoes continuous internal security reviews.
The vault is controlled by smart contracts with limited backend authorization for operational functions. Users maintain custody of their funds in the smart contract. The backend can execute specific authorized operations (minting, burning, rebalancing trades) but cannot withdraw user assets directly.
Contact information will be added soon. Check back for updates on official communication channels.
Yes. All rebalancing transactions are recorded on-chain and can be viewed on SuiScan by querying the vault object ID. The dashboard will also display a rebalancing history timeline (coming soon).
Your SUIX tokens and the underlying vault assets remain safe in the smart contract. However, deposits, withdrawals, and rebalancing will be paused until the backend is restored. In a prolonged outage scenario, emergency recovery procedures would allow for manual intervention to restore functionality.
Automated backend services enable SuiX to provide 24/7 market monitoring, precise rebalancing execution, and reliable trade routing through 7K Protocol. This ensures the vault can respond quickly to market changes and maintain optimal allocations without requiring manual intervention or relying on users to trigger rebalances.
🚀 Sui Mainnet • 🤖 Live Multi-Asset NAV • 💎 0.25% Built-in Fee • 🛡️ Enhanced Safety 🧪 Beta Version • Use at Your Own Risk