The “Memecoin Super Cycle” is in full swing, and Sui, as a newly popular L1 blockchain, has seen the rise of several standout meme coins—from the OG meme Pug FUD, which skyrocketed by 5x from its low, to the Sui hippo Hippo, which briefly surpassed Ethereum in market cap, the rapidly emerging dirty fish Blub, and Sui’s cat-themed meme coin, the roaring black cat AAA… When buying meme coins on Sui, where can you find the best prices? How can you interact with the blockchain to unlock potential airdrop opportunities along the way?

Hop Aggregator

Hop is hailed as the fastest trading aggregator on Sui, and its overall user experience is indeed quite impressive. Its router can break a single transaction into smaller ones with the best prices across major DEXs (hop). If you don’t want to spend time comparing options, Hop is a great first choice, as it generally offers the best prices.

The “Fun” module in the top-right corner of the navigation bar hints at Hop’s upcoming Meme token platform, hop.fun. While the current development progress is unclear, it seems to be nearly complete, especially since the team started teasing it with “Soon” as early as the end of May this year.

The DEX Landscape on Sui

Let’s take a look at the transaction routes for two trades on Hop. Based on the current trade amounts, Hop identified that CETUS offers the best exchange rates for the USDC - SUI and wUSDC - USDC pairs, BLUEMOVE has the best rate for the SUI - AAA pair, and Turbos provides the most favorable rate for the AAA - wUSDC pair.

This largely showcases the current competitive dynamics among DEXs on Sui. Cetus, with the highest TVL on Sui, provides the best liquidity for major pairs like USDC - SUI and wUSDC - USDC.

Sui DEX TVL Rankings, Data Source: DeFiLlama

Turbos and Bluemove provide stronger liquidity for Meme coins. Many major liquidity pools for Meme coins are hosted on Turbos, while Bluemove gains an advantage thanks to its new product, the Meme coin issuance platform, Move Pump.

Liquidity and Trading Volume Distribution of Meme Coin AAA on DEXs

Among the DEXs with higher TVL, DeepBook stands out as a product of Mysten Labs, Sui’s official development team, and functions as an on-chain order book exchange, which sets it apart from other DEXs. DeepBook has announced the launch of its token, DEEP, on October 14th, with a total supply of 10 billion tokens and an initial circulating supply of 2.5 billion. The remaining tokens will be gradually unlocked over the next 7 years. Along with the token launch, DeepBook will also roll out version 3 (V3) of its platform.

On the token launch day, 101,968 DBClaimNFT holders will be able to claim their allocated tokens via a designated website. For users who participated in testing the V3 version, DeepBook will evaluate the quality and timeliness of their contributions. A few weeks after the token launch, these users will also have access to another claim website to check their eligibility and collect rewards.

If you qualify for the DEEP token airdrop, a banner notification will appear in the Sui Wallet, developed by the official Sui team.

Another noteworthy DEX on Sui is Aftermath.

Aftermath ranks as the second-largest DEX on Sui by TVL (with about half of its TVL coming from its LST product afSUI). It also functions as an aggregator, claiming to be an “aggregator of aggregators,” by comparing quotes from various aggregators to ensure the best execution.

However, Hop’s API prevents Aftermath from making calls, and at times, Aftermath’s webpage loads slowly and its RPC can be unstable, leading to a less seamless experience compared to Hop.

Aftermath’s key advantage is that it’s not just an aggregator; it also offers liquid staking for SUI, turning it into afSUI, with yield options. If Aftermath were to issue a token, it would have greater potential compared to a standard aggregator.

Aftermath Farm Yields

By providing liquidity for the SUI - afSUI pair and staking it in the Aftermath farm, you can earn yields of over 12% in SUI. Additionally, swapping and providing liquidity on Aftermath could increase your chances of receiving future token airdrops.

Aftermath has also introduced an NFT series called “Egg.” While it currently has no utility, the team has hinted, “Buy eggs and prepare for the future of Aftermath.”

The current floor price of the Egg NFT on Tradeport is 105 SUI. The whitelist mint price was 20 SUI, and the public sale price was 40 SUI.

Statement:

1. This article is reposted from [foresightnews], with the original title “Which Aggregator Should You Use to Buy Coins on Sui?” Copyright belongs to the original author [Alex Liu]. If you have any concerns about this repost, please contact the Gate Learn Team, and the team will address the issue as soon as possible following the relevant procedures.
2. Disclaimer: The views and opinions expressed in this article are those of the author alone and do not constitute investment advice.
3. Other language versions of this article were translated by the Gate Learn team, and without crediting Gate.io, the translated content may not be copied, distributed, or plagiarized.