thouny

Head of blockchain at Aava • Creator of @accountdottech • Growing @MoveFrance • Sui Overflow Hackathon 🥇 •

[thouny @BL0CKRUNNER]

Sui is literally exploding right now, shadowing Solana

We didn't lie about the Suinami 🌊

- Current TPS: 756 (Sui) vs 726 (Sol)

- Daily Active Accounts: 1.17M (Sui) vs 2.1M (Sol)

- Daily Transactions: 58M (Sui) vs 35M (Sol)

- Weekly Ethereum outflows: 55M (Sui) vs 69M (Sol)

- Average Fee usd: 0.0018 (Sui) vs 0.0044 (Sol)

- TVL: 1B (Sui) vs 5.5B (Sol)

[thouny @BL0CKRUNNER]

@josemvcerqueira @SuperteamTalent @solana @SatoshiMedici Fantastic

[thouny @BL0CKRUNNER]

@0xvidhi our designer is looking for opportunities (she doesn't have twitter so messaging on her behalf)

landing page + pitch deck examples : https://t.co/u53A8bnsWJ

technical multisig app example : https://t.co/SA52pvhjSr

[thouny @BL0CKRUNNER]

@DegenArchit3ct @aursupply adoption or revenue for example

[thouny @BL0CKRUNNER]

who cares about coin price when market cap is already 5x higher lmao

also who cares about market cap

[Ghost.apt🌐 @Ghosterx4x]

Breaking News 🚨

$SUI is getting close to flipping $APT in price, but let’s be clear, price alone doesn’t tell the full story.

$APT @Aptos is still the fastest chains in the world, with strong tech, parallel execution, and a growing ecosystem that keeps shipping. Fundamentals matter more than short-term price action.

Curious to hear everyone’s thoughts:
Do you really think $SUI can flip $APT long term, or is this just temporary price movement while @Aptos keeps building?

[thouny @BL0CKRUNNER]

doing things with Nautilus ⚓️

[thouny @BL0CKRUNNER]

So rn on french crypto twitter, there are people "parodying" the biggest crypto influencer @PowerHasheur

They are using the most racist and sexist representations to create disgusting AI videos for the "joke"

And people find this funny in the comments

[thouny @BL0CKRUNNER]

good stuff

[airtx (🥚,🥚) 🇦🇲 @0xairtx]

.@AftermathFi perpetuals is FINALLY going live with pre-deposits opening later this week (more on this soon).

Here's why we built on Sui, and why it's the only VM that can actually run a fully onchain orderbook. When I say onchain, I mean fully verifiable ordering and matching governed by the Sui validator set. No offchain sequencer or a gated API.

Everyone talks about "fully onchain orderbooks," but most chains can't run one without blowing up gas, latency, or both. Sui is the first L1 that makes it practical. Not as a demo, but in production. Although we built our own more efficient CLOB data structure, DeepBook (spot) has been running for over a year with solid results: https://t.co/x4cLdMM2kq

The key is Sui's object model. Every market is a separate object. Every order is an object. Markets don't contend with each other. BTC-perp trades don't block SUI-perp trades. While fills within a single market still need ordering, there's no global lock serializing all state updates. EVM can't do this. Its account model means validators can't determine upfront which transactions are independent, forcing serial execution of everything.

Since each market object evolves independently:
-Deterministic sequencing per-market
-No cross-market contention
-No global queue slowdown
-State transitions only touch relevant objects

Mysticeti v2 eliminates the "single proposer decides ordering" problem most chains suffer from. Every validator proposes every round. Consensus commits leaders deterministically.
All validators determine order locally = all validators see the same result = deterministic ordering for matching and settlement. https://t.co/7XOaojddWd

PTBs + storage rebates = unreal savings. A bot canceled 4 orders and reposted them. One repost matched against 8 orders from other users. The storage rebate made the transaction net negative. That's not possible on any other chain. https://t.co/DlM5wcQwUU
On Sui:
-Storage is rented, not burned
-Canceling or matching returns storage
-Users can get paid when state is cleaned up
-PTBs make multi-action batching extremely cheap
This makes trading actually viable onchain.

What I hope people take away from the pain and suffering we've experienced while building this thing since 2022 is:
-because every market is an object, anyone can build their own API.
-No centralized gateway.
-No private matching engine.
-All matching lives onchain. Liquidations, funding, market orders, perp positions, AFLP. All shared and tokenized. This isn't possible on systems where CLOB logic lives offchain.
-Programmable cancel priority. We expose an explicit fee knob: makers can pay a known premium (set in-contract) for cancel priority. It’s transparent and priced with no opaque operator favors.

Finally, what we all care about: Launch.
AFLP is Sui's first community owned perpetual market maker. By depositing into the vault, you provide liquidity and act as a liquidator across our perp markets. Pre deposits will open end of week, with details on how to deposit coming tomorrow.

[thouny @BL0CKRUNNER]

French entrepreneur (porn/poker/crypto) promises a "radical entrepreneurial response" to face the so-called "tax burden" and unveils ...

a Bitcoin club lmao

[Quentin @gfusee33]

https://t.co/Gm1LO4XTQQ

[thouny @BL0CKRUNNER]

@Silverhard_ 🫡

[thouny @BL0CKRUNNER]

Bull or bear, I stay on Sui.

FOMO or FUD, I stay on Sui.

Fear or greed, I stay on Sui.

[Sui Ninja @suininja]

Bull or bear, I stay in $SUI.

FOMO or FUD, I stay in $SUI.

Fear or greed, I stay in $SUI.

[thouny @BL0CKRUNNER]

@sally_mg what are your use cases? did you let mysten eng know?

[thouny @BL0CKRUNNER]

While it was fun while it lasted, reentrancy is now possible on Aptos.

Originally, the creator of Move wouldn't allow dynamic dispatch in Move to prevent reetrancy attacks.

But since Aptos is now a separate project, they could adopt it, and on Sui, the matter has been recently raised too.

Do Sui developers need the feature? (comparing to the risks it brings)

[MoveJay @movebrah]

While it was fun while it lasted, reentrancy is now possible in Move.

Aptos Move v2.2 now supports function values as first class functions which enables dynamic dispatch.

It’s not possible across the board though. Dispatchable fungible assets remain protected.

And Aptos Move has implemented two ways to control it:
> A built-in reentrancy check that locks a module’s own resources during reentry.
> #[module_lock] for fully blocking any reentry along the call path

Read more about it here: https://t.co/lJMCW57VbL

[thouny @BL0CKRUNNER]

@Silverhard_ yup we're back online

[thouny @BL0CKRUNNER]

Can't wait for round 2 💅💅💅

[thouny @BL0CKRUNNER]

This is what generational wealth looks like

[thouny @BL0CKRUNNER]

@CryptoNameless7 @drylinemix 449 real followers with 13 posts is pretty cool right

[thouny @BL0CKRUNNER]

if nobody cares it either means your product is useless or your distribution strategy sucks

spoiler: sui traders can't be your only market (they're a few dozens)

[AZ @az_near]

As someone who’s been building on Sui for a year, this couldn’t be more accurate. You ship real products, nobody cares. The “users” are farming, not using anything. Mysten’s support for builders? I learned firsthand it basically doesn’t exist.

Sui to zero feels inevitable.

[thouny @BL0CKRUNNER]

@drylinemix account(.)technology

previous one was too expensive lol

[thouny @BL0CKRUNNER]

@Sceat_ haha

[thouny @BL0CKRUNNER]

@UnemployedVip exactly

[thouny @BL0CKRUNNER]

@matteodotsui building secretly and a lot of things outside of web3 😛

[thouny @BL0CKRUNNER]

fudders gonna farm engagement on collapsing traders because they all have the foresight of a 5y old

(why Sui execution and storage costs are decided by speculators though?)

[hantengri @hantengri]

sui

raised $405m

can’t name a single innovative app that people actually use

because of all the incentives it’s literally just a wash trading hub

used only by bots and a few people who think they’re farming an airdrop

but since the ecosystem keeps airdropping to itself, even the remaining retail have started to lose hope

you basically need to be a dollar millionaire to run a validator

somehow (crime) it’s still sitting at $17b fdv

every month at least ~65M sui gets unlocked and 63% of the total supply is still locked. infinite sell pressure

it has completed its only purpose: making VCs richer

zero