Sui has introduced a buyback program that uses stablecoin yield to make daily purchases of its token, SUI, on the open market. Unlike traditional buybacks, the acquired tokens are redistributed to ecosystem participants rather than being burned, so the total supply remains unchanged. This approach supports the ecosystem by reinvesting tokens into decentralized finance protocols, validators, and partners. Additionally, Sui futures trading on CME Group showed significant volume in Q3 2026, indicating active market interest, though this does not directly reflect user activity on the network.
The story on Sui buybacks is presented here with Pluang's cryptocurrency market context as of Oct 19, 2026 14:01 WIB: Among 50 major cryptocurrencies priced on Pluang, 36 rose and 13 fell today. Notable movers include CAKE at Rp39.865 with a 1-day change of +2.41% and Pluang order activity showing 87% Sell / 13% Buy, ENJ at Rp490 down 2.36% with 95% Sell / 5% Buy, and MANA at Rp1.529 down 2.30% with 47% Sell / 53% Buy. This breadth snapshot provides a view of market dynamics on the platform at the given time.
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