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- Sui Community has returned 1,376 SUI to customers affected by a bug present in October.
- The blockchain protocol discovered that 1,273 wallets have been affected by the bug.
- Sui’s TVL has dropped to $1.4 billion from $1.6 billion on November nineteenth.
Sui Community, a number one Layer 1 blockchain ecosystem, has absolutely reimbursed 1,376 SUI tokens to customers who missed out on staking rewards from a bug. The bug affected sure token holders who unstaked their property between epochs 560 and 563.
The Sui staff carried out a repair on October 28 in epoch 564. After the repair went reside, the blockchain protocol recognized 1,273 wallets that had unstaked their property between epochs 560 and 563 and missed out on a complete of 1,376 SUI in rewards.
Notifying these affected by means of an X publish (previously Twitter), Sui acknowledged that it reimbursed the affected wallets with 1,376 SUI (value $4747.2 primarily based on the token’s worth of $3.46 on the time, down 5% in seven days).
Sui famous that the impression of the bug, recognized on October 24, was small, however the protocol “needed to make issues proper.” The community’s native token, SUI, has carried out effectively in comparison with most digital property not too long ago, growing 466.42% since November 2023 and reaching a market cap of $9.86 billion, in line with CoinMarketCap information.
Sui Community TVL and Value Evaluation
Information from DefiLlama exhibits the full worth locked (TVL) within the Sui ecosystem grew from $159 million on November twenty eighth, 2023 to $1.62 billion on November nineteenth. On the time of publication, the TVL of Sui Community is $1.4 billion with a stablecoin quantity of $330 million.
SUI token’s worth evaluation utilizing Accumulation/Distribution exhibits that the buildup of the digital asset stays on the rise whereas the gradient of the road suggests elevated buyers’ curiosity.
Learn additionally: Sui Community Outage Impacts SUI Value: What Traders Have to Know
The Relative Energy Index is above 60, which confirms that patrons are nonetheless dominant within the area and the gradient of the road suggests sluggish momentum within the brief time period. With a 17.39% drop in buying and selling up to now 24 hours, merchants can count on the sluggish development to proceed for some time.
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