Full platform documentation for SuiX — Vaults, Utility, fees, security, and risk.
SuiX is the passive index layer of the Sui blockchain ecosystem. It lets anyone gain diversified exposure to the top Sui ecosystem tokens — automatically, transparently, and without active management. Think of it as the S&P 500 for Sui.
SuiX is not a speculative token or a yield farm. It is pure infrastructure — market-cap weighted indexing with automatic rebalancing, no profit-sharing, no governance, and no hidden mechanisms. You own your proportional share of the basket at current Net Asset Value. Nothing more, nothing less.
The platform offers two paths to index exposure — one custodial, one not — so users can choose the model that fits their risk tolerance and DeFi experience:
Deposit assets into a managed smart contract vault. Receive an index token (SUIX or SUIX5) representing your proportional share. The vault handles rebalancing automatically — no ongoing action required.
Set a target basket inside your own wallet. You retain full custody — SuiX never holds your assets. You sign every rebalance. Your wallet is the portfolio.
Every SuiX index token is backed by real tokens held on-chain — either in a vault smart contract (Vaults) or in your own wallet (Utility). No speculation, no inflation, no hidden mechanisms. Fully transparent and verifiable on-chain at all times.
Vaults are managed smart contract baskets. You deposit an asset, receive an index token representing your share of the basket, and let the vault handle everything else — rebalancing, token rotation, and NAV accounting — automatically, every 12 hours.
Utility is SuiX's non-custodial portfolio tool. Instead of depositing into a shared vault, you run the index basket directly inside your own wallet. You connect your wallet, select a target basket (SUIX-5 for the top 5, or SUIX-10 for the top 10), and rebalance with a single transaction you sign yourself. SuiX never holds your assets at any point.
Utility is built for DeFi-native users who want index-style discipline without giving up custody. It uses the same market-cap weighting methodology and ±3% drift threshold as the Vaults, but applies them to tokens sitting in your own wallet.
These concepts apply across all SuiX products. Whether you use a Vault or Utility, the underlying indexing methodology is the same.
SuiX tracks the top N tokens in the Sui ecosystem by market capitalization, excluding stablecoins and low-liquidity tokens. Market cap data is sourced from CoinGecko. Each token's weight in the basket is proportional to its share of the total top-N market cap:
Allocations are checked every 12 hours (7 AM and 7 PM EST). For Vaults, trades are executed automatically by the backend if drift is detected. For Utility, you are notified and prompted to sign a rebalance transaction yourself.
Rebalancing is triggered when any token's actual allocation drifts ±3% from its target weight. This prevents excessive trading from minor price fluctuations while keeping the basket close to its intended composition.
If a token drops out of the top-N by market cap, it is replaced by the next-ranked eligible token. The basket exits the old position entirely and enters the new one at the appropriate weight. Tokens with names containing 'stable', 'usd', 'peg', etc. are excluded, as are tokens with insufficient 24-hour trading volume.
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 execute first to free up liquidity, then BUY trades deploy capital into underweight positions.
SuiX uses a transparent, event-driven fee model. You are only charged when you deposit or withdraw — never for holding.
Charged when you enter a Vault (mint index tokens). Covers:
Example: Depositing 1,000 USDC into SuiX5 incurs a 5 USDC fee; 995 USDC is deployed into the basket.
Charged when you exit a Vault (burn index tokens) or execute a rebalance/redemption through Utility. Covers:
Utility note: The 0.5% execution fee applies on rebalances and redemptions. Your assets stay in your wallet throughout — only the fee is deducted from the executed trade value.
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.
No Performance Fees
SuiX does not take a cut of your gains. The basket's performance belongs entirely to you.
Vaults combine on-chain smart contracts with off-chain backend services to balance security with operational flexibility:
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.
Utility is fully non-custodial. SuiX never holds your tokens — they remain in your own Sui wallet throughout. Every rebalance is a transaction you sign yourself; nothing executes without your explicit approval.
Sensitive user configuration (target basket, credentials) is Seal-encrypted and stored on-chain inside the user's own wallet object. SuiX's backend can read basket targets to compute rebalance suggestions but cannot act on your assets unilaterally.
Each SuiX product (SUIX OG, SUIX5, Utility) is backed by its own on-chain contract. Contract addresses are listed on the respective product pages and are verifiable on SuiScan at any time.
View on SuiScan →Smart contract audits are currently in progress. Audit reports will be published here once completed.
SuiX is experimental beta software. Use at your own risk.
Potential risks include:
Always do your own research and never invest more than you can afford to lose.
Rebalancing checks occur every 12 hours at 7 AM and 7 PM EST. Trades (Vaults) or rebalance prompts (Utility) are only triggered if allocations drift ±3% from target weights or if token rankings change.
Baskets track the top Sui ecosystem tokens by market cap (excluding stablecoins and low-liquidity tokens). Current holdings are displayed live on the respective product pages. Rankings shift as the ecosystem evolves.
Yes. SuiX products are not risk-free. Token prices can decline, and rebalancing incurs trading costs. The products aim to track the performance of 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. For Vaults, your index tokens entitle you to your proportional share of the vault at current NAV. For Utility, your wallet's basket value is the NAV.
There is no hard minimum, but due to gas costs and the 0.5% fee structure, small deposits may not be economical. Check the product page for current practical minimums.
Smart contract audits are in progress. Reports will be published once completed. Backend infrastructure undergoes continuous internal security reviews.
Vaults are controlled by smart contracts with limited backend authorization for operational functions (minting, burning, rebalancing trades). The backend cannot withdraw user assets directly. Utility is entirely non-custodial — you control your own assets at all times.
If a token drops out of the top-N by market cap, the rebalancer exits the position and reallocates to the new top-N token. If a token's liquidity collapses entirely, the system may hold a position until it can be exited safely. This is an inherent risk of passive indexing.
For Vaults: your tokens and underlying assets remain safe in the smart contract. Deposits, withdrawals, and automatic rebalancing will be paused until the backend is restored. For Utility: your assets remain in your wallet and are unaffected — you simply cannot receive rebalance suggestions until service is restored.
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