What is Sudo Finance? Recent News, Fundraising and Token
The Fastest On-chain Perps built on #Sui ✈️ TG: https://t.me/sudofinanceperps 👉 Link3: https://link3.to/sudofinance @zofaiperps: First Intelligent Perps
Join Liquidity Land and boost your staking and airdrop rewards by 15-50% in Tier1 chains and protocols.
Key Takeaways
- Sudo Finance is an on-chain perpetuals exchange built on the Sui blockchain, offering sub-second trading speeds and zero price impact.
- It is developed using the Move programming language, making it the first perpetual protocol of its kind on Sui.
- The project focuses on decentralized finance (DeFi) perpetual contracts, with recent activities including token listings and community giveaways.
What is Sudo Finance?
Sudo Finance is the first perpetual protocol built with the Move programming language on the Sui blockchain, providing users with a sub-second and zero price impact trading experience for on-chain perpetual contracts, as described on its official website (sudo.finance).
How Does Sudo Finance Work?
Sudo Finance operates as a decentralized exchange (DEX) for perpetual contracts, leveraging the Sui blockchain's architecture to enable fast, on-chain trading without traditional price slippage. Users can trade perpetuals like WAL/USD with initial leverage options, such as 5x, directly on the platform.
The workflow involves listing assets for perpetual trading, where traders open positions with sub-second execution, supported by Sui's Move-based smart contracts for efficiency and security, according to details from the project's official site and X posts.
What Makes Sudo Finance Unique?
- It is the first perpetual protocol on Sui using Move, enabling sub-second trading speeds not commonly found in other DeFi perpetual platforms (source: sudo.finance).
- Offers zero price impact trading, which minimizes slippage and enhances user experience in on-chain environments (source: official website).
- Integrates with Sui ecosystem projects, such as listing tokens like WAL from Walrus Protocol, positioning it as a pioneer in Sui-based DeFi perpetuals (source: recent X posts).
Sudo Finance Native Token
TGE Information
Recent News & Fundraising
- Sudo Finance announced the listing of WAL/USD perpetuals on Sui with 5x initial leverage, set for March 27, 2025 (source: official X account).
- The project hosted a community giveaway of 333 WAL tokens and exclusive swag in collaboration with Walrus Protocol (source: official X posts).
- No recent fundraising details are available from official sources.