小企鵝阿批 Penchan

Sui Taipei Developer Event Wrap-Up 🙌
So many dev partners showed up, along with top-tier projects.
We are all in this together for the water ecosystem effort 💪💪
#Cetus #Haedal #Walrus ✌️

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🐂 2025 Bull Market Long Cycle DCA Position Review

In celebration of my birthday, little penguin's original plan was:
Start 12 months of regular investment in 2023 and sell in 2025.
The following results are indicated by average price.

$BTC 29,036 → Switch to public chain
$ETH 1,830 → Switch to public chain

$SOL Heavy position 22 → 196 (8.9x)
$BNB 237 → 1040 (4.3x)
$DOGE 0.07 → 0.217 (3.1x)
$SUI Pre-sale 0.1 Heavy position 1 → 2.07 (2.0x)
$TON 3 → 3 (0x)

——

1. Core Concept: Cycle

2. Strategy: Binance hourly regular investment + wealth management, combined with various mining during the bull market: DeFi on Sui/Solana/Ton and BNB gold shovel. Sell based on daily RSI in the bull market.

3. Switching mainstream coins among other alts: ARB OP MATIC AAVE PYTH OKB BLUR ORDI. The reason for switching is to increase certainty and changes in narrative, etc.

4. Still have SUI SOL staked nodes and LST.

5. Thoughts:
- Holding BTC has high stability and good multiples.
- It's hard to judge whether mainstream will take off, consider diversifying investments.
- Major narrative changes will always happen, always pay attention and maintain flexibility appropriately.
- Follow the strategy, don't fall in love with coins, go fall in love with your girlfriend!

No matter whether prices go up or down
Starting DCA now is something that has real value

小企鵝阿批 Penchan

If... I mean if
What if we start a monthly investment (DCA) for 1 year starting today $BTC to see?

Binance shows that the Sui chain withdrawal hasn’t been credited yet? Copy the transaction number (TXID) from the transaction records, paste it into the Sui block explorer (SuiVision / SuiScan), and you can check the recipient address, amount, transaction fee, and on-chain status—also to see whether it’s just that the wallet hasn’t shown it yet.

Article

Sui’s Largest DEX Stakes CETUS, How Long Does It Take to Redeem?

Many governance proposals ask you to lock their tokens in exchange for governance rights, and the decentralized exchange Cetus on Sui is no exception. Its xCETUS represents locked or staked CETUS and the corresponding governance rights, which cannot be freely transferred like regular tokens. Users can convert CETUS to xCETUS at any time on a 1:1 basis. The real point to be careful about is the waiting rules for converting back to CETUS in the future.
The redemption process enters a lock-unlock period. The official range currently listed is 15 to 180 days. If you choose 15 days, the redemption ratio is 1:0.5; if you choose the full 180 days, the ratio becomes 1:1. The longer you wait, the higher the proportion of CETUS you can redeem. If you choose less than 180 days, any portion that isn’t redeemable will be forfeited and transferred to the ecosystem treasury.

Article

First-Time SUI Staking: Understand It in 4 Steps

For your first time staking SUI, you can think of the “validator” as a participant responsible for verifying, processing transactions, and keeping the network running. The flow in most compatible wallets is similar: open the staking feature, select a validator, enter the amount, then review the commission and transaction details, and finally confirm and sign in your wallet.
After confirmation, the new staking will first appear as pending and will participate starting from the next cycle. A cycle (epoch) is a period of time during which Sui performs unified settlement and updates the network state. On the mainnet, each cycle is about 24 hours. Therefore, if you just completed staking and don’t see accumulated changes immediately, it doesn’t necessarily mean the operation failed.

HAEDAL+0.53%

BTC has been holding it in for a long time—time for this big one

BTC+4.58%

NAVI has launched NAVI Prime
At first glance, the design intent is to isolate lending and borrowing risk across different asset types
So that volatility from high-risk assets doesn’t directly affect other lending markets

Or you could put it this way:
This is a design for an isolated market, focused specifically on “blue-chip assets as collateral.”

The LP Pro of $CETUS provides a complete interface
With which you can browse the trading volume, liquidity, and fees of each pool at once

What’s especially worth noting is
When we select pools, we can’t just look at a high APR
We need to evaluate it along with other information
Simply choosing pools with high APR may lead you to smaller TVL pools with higher volatility
On the other hand, only about 10% of pools may have more stable trading volume and more sustainable income

Are you using encrypted cards?

Friends, are you going to Singapore for TOKEN2049 this year?

On-chain fees (gas) are the service charges paid to validators for executing transactions and storing data. Taking Sui as an example, the fee is paid in SUI. The budget shown in the wallet is the maximum spending limit and may not equal the final amount charged; if the application sponsors the transaction, the sponsoring party may cover the fee.

Article

How to Choose a Sui Wallet? Start by Considering Your Use Case

Choose a Sui wallet—don’t start by asking which one is “the best.” Instead, ask yourself how you plan to use it. A wallet’s job is to manage private keys, prove asset control, and sign transactions. Hot wallets, which are frequently connected to the internet, prioritize day-to-day convenience, while hardware wallets isolate the keys in a dedicated device, making them suitable for different custody needs.
For everyday transfers and online applications on your phone or in a browser, you can start by checking the official wallet, Slush. It offers a browser extension, a mobile version, and a web version, and supports logging in with social accounts or using a recovery phrase account. If you choose a recovery-phrase account, the responsibility for backing up falls directly on you—you should store it offline, not screenshot it, and not hand it to anyone.

Little knowledge: In general, DEXs like Cetus charge the exchange fee from the input tokens—they don’t charge you directly. According to the rules, it’s distributed to the eligible liquidity providers and the protocol side. The Sui network fee you see when your wallet confirms, on the other hand, is paid to the blockchain.

On sustainable contracts interfaces like Hyperliquid and Bluefin Pro, besides buying and selling, you may also see condition options such as “reduce-only” and “place-only.”

These are terms that define how orders are filled, and they are advanced features. It’s enough for beginners to know that these are order-execution conditions, not additional profit tools. Perpetual contracts themselves also involve leverage and liquidation risk.

Article

Isolated vs Cross Margin in Perpetual Contracts: How Far the Risk Spreads

In the perpetual contracts of Bluefin Pro in the Sui ecosystem, isolated margin and cross margin refer to two different margin boundaries—not to compare which mode is more likely to generate profit. They determine which portion of the funds in an account will be used when a position incurs losses.
Isolated margin is like preparing a separate box for a single position. The maximum loss it can take is capped by the margin allocated to that position; other positions do not automatically use their own margin to cover it. This makes the risk scope easier to identify, but if the funds inside the box run short, that position may still be forced to reduce or be liquidated.
Cross margin is like using a single pool of funds that supports multiple positions. Because the account’s available margin is shared across positions, losses from one position may consume the buffer that could otherwise be used by other positions. Shared capital does not eliminate risk; instead, it spreads the risk over a broader scope at the account level.

In the Liquidity Staking agreement with Haedal, in automatic mode you can deposit regular SUI or SUI that is already natively staked; after the wallet is confirmed, you will receive the corresponding haSUI—you don’t need to unstake and stake again first.

HAEDAL+0.53%

Article

After you press “stake,” where did the assets go?

In a liquid staking protocol, when you click “stake,” it may look like just one transaction, but behind the scenes three things happen in sequence. We’ll use Haedal as an example.
First, based on the current cycle’s exchange ratio, the system mints haSUI. This is the liquid proof users receive to represent the portion that has been staked through the protocol—not an additional principal.
Second, the deposited SUI is entrusted to validators on the Sui network. Validators can be thought of as nodes that maintain network operation and confirm transactions. Ordinary users don’t need to prepare their own machines or run validator software to participate in staking; they can participate via delegation. If you choose the automatic route, your assets will be allocated across multiple validators, and the allocation will be adjusted periodically.

HAEDAL+0.53%

The same pair of coins can be used to create liquidity pools with different fee rates. Cetus currently lists 16 fee rates ranging from 0.01% to 4%.
When swapping routes and when providing liquidity, make sure you double-check which pool you selected.

Article

How to add liquidity on DeFi for the first time?

To provide liquidity on Cetus for the first time, you can start by choosing a trading pool from the liquidity pool page. The pool contains two assets, so the starting point is quite practical: select the two coins you’re willing to hold together, then go to the screen to add liquidity. Liquidity providers are commonly abbreviated as LP. It means depositing your assets into the pool so other users can trade and exchange coins.
After entering the pool, first enter the asset quantity for one side.
No need to calculate the token ratio yourself. The interface will show how much the other side needs based on the pool and your current settings. First, verify that the two coins, the amounts, and your wallet balances are all as expected. Then submit the transaction and confirm it in your wallet. After the wallet shows the transaction was successful, return to the interface to check whether any new liquidity position has appeared. Seeing that position means your liquidity has been added successfully this time; simply entering numbers into the fields does not mean the funds have already been deposited into the pool. This position will also serve as an entry point later to view, manage, or withdraw liquidity.