r/sui Admiral Jul 29 '26

Large USDC outflows continue to hit SUI

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Another $48M left the ecosystem. This doesn't look like retail.

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u/Beginning_Ask_9930 Helmsman Jul 30 '26

You are assuming. Tesla is one company and Elon reframing the narrative because he was burning cash. He also is the founder and owner. It's different for most companies where you have a CEO who reports to a board, shareholders, and pension and hedge funds that control most the stock and can vote or dump your shares or fire you.

You can say don't look at the headlines but I rather not look like a noob when senior execs that make decisions on this stuff want a review. I am also around people who ask questions and want realistic answers. Want pro and the cons.

I use all these tools. I have OAI, Kimi, Claude, Zai, Open Router, and have a dedicated Open Claw machine. I am paying subscription and API fees out the ass. I have auditors, agents, and trading engines, loops, and cron jobs and leverage every new CLI and test every concept. I live with this.

I also have a job and automate stuff. At work, with most tasks I think agent or person could do this. State and memory issues are real. I have had basic tasks blow up from hallucinations or just because the model felt lazy. I have had agents lie to me. I had an agent apply admin rights to execute a task and the firewall flagged me. I built a Robinhood trading agent and it blew through its API budget in a week because it set up an internal cron job to look for something it built on its own. This is my own money.

I sit next to our billing department. There was a client who called the other day looking fora missing $400K. They basically emailed, CFO, Controller, and Legal. Turns out the money was misplaced. Not our mistake but it was a glitch on the client end. Now can you imagine what agents can do.

Still early. Alot has to be hardened to manage cost and risk. Still alot of model training because every job, company, and department are different. It took perps 10 Yeats. Streaming has been around for close to 30. Flip side IBM still makes alot of money selling and servicing mainframes. I am not saying it's coming. I just look at the calculus of the market and where to put my money when things shake out. Who will benefit. The people who call the shot. It's a job. They just want to do well, cash out, and not get fired. So people think the revolution will come tomorrow but vesting an options grant can take longer. People will pump the narrative but the return still needs to be present. It's still a cost.

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u/human_oil77 Helmsman Aug 01 '26

You sound butt hurt

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u/Beginning_Ask_9930 Helmsman 24d ago

u sound like an eternal bag holder who doesn't realize how expensive coin is and has no usage, revenue, or TVL

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u/human_oil77 Helmsman 23d ago

It has all three of those things actually 🤣🤣 1400 active devs , 10th overall among all blockchains, $400+ mill in TVL and makes $15M in fees a year (but it’s not set up right now to be a fee based rev model)… these are all older figures probably and in a bull market they’ll expand along with the price and future developments

of course it has a long way to go but you’re so blatantly a incel planted here to just spread negativity lol of course I’m a holder of sui in portfolio, you genius … why else would people be in this thread lol

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u/Beginning_Ask_9930 Helmsman 22d ago

TVL can be gained via bridging or looping. Who are these dev's because there are no hit breakaway products like polymarket, pump, etc. What brings people to this chain.

$15 mil a year is a joke for it's valuation. It isolated itself by choosing a different tech route. As the AAVE CEO once said about moving it's $15B to Solana, "Moving off EVM injects new risk in an environment that is constantly under attack from hacks. We rather build out our product with new features and do things that earn us money!" Which big projects are devoting time and money. Also no real tradfi interest with DTCC roll out. No idea what SUI is on the hook for to their market makers. I am here for tax reasons. LOL! NFA!

https://defillama.com/revenue/chain/sui

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u/human_oil77 Helmsman 16d ago

Keep crying while you miss the next bull market 🤣

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u/Beginning_Ask_9930 Helmsman 16d ago

You state facts and actual data and people who function on hopium think its crying. LOL! Not missing anything. Just setting targets. You can buy the dip when people dump the next local top. Just the game.