Earn Alpha points, and you have to look at $BLUE—'one fish, four eats', the best Alpha on Sui!
Binance Alpha has sent living expenses again, the points threshold is 194, and $XTER is valued at 85U. As a fixed income every month, if the dog doesn't earn, I will.
So which token is the best to mine right now? Of course, it’s $BLUE!
$BLUE is the largest trading platform on the SUI chain, Bluefin, and is also the only decentralized protocol on the SUI chain that has four major products: perpetual contracts, spot trading, RFQ pricing, and lending.
The founder Michael Luo previously worked at Citadel developing high-frequency trading systems, and the core team comes from Google, Dfinity, dYdX, etc.
In financing, it is also the strongest in the SUI ecosystem—backed by top VCs and Wall Street hedge funds, including top big shots like Polychain, Brevan Howard, SIG, Tower Research, Wintermute, GSR, CMS, etc.
Financing institutions
$BLUE's performance in the SUI ecosystem is evident to all, firmly holding the top position:
Spot + Perp trading volume exceeds $60B
TVL exceeds $160M
Contract trading volume accounts for 85%+ of the SUI ecosystem
Annual income $8M
The project is absolutely reliable, and Binance Alpha is also launching a SUI ecosystem trading competition. As shown in the picture, the project team has put up 5 million $BLUE as a reward.
SUI ecosystem trading competition
So, without further ado, just do it. And now you can 'one fish, four eats'!
1. Low trading friction, easily earn points
Currently, $BLUE's trading fee is only 0.01%, and the slippage is very low, making it very comfortable to trade. I personally tested it, and with 1000U for buying and selling + Gas, the loss was only 0.2 ~ 0.3U, and with 8000U, I made a small wave and earned 2U, haha.
2. Trading competition, share 5 million $BLUE
From May 17 to May 31, just rank within the top 8000 in trading volume to share, averaging about 625 tokens per person, valued at 60+ USDT at current prices.
3. Galxe tasks launched simultaneously
$BLUE has also launched interactive tasks on Galxe, just complete these four simple tasks to receive a reward of 20 USDT + 10 Points. All are routine tasks, with no difficulty.
Task entry >> http://app.galxe.com/quest/bluefin/GCJN7tmBAb
4. Spot Beta expectations
From the team background, product maturity, and data performance, Bluefin is excellent. As the top project on the SUI chain, it is now included in Binance Alpha, and is likely to become one of the next popular tokens listed on Binance.
Moreover, looking at the FDV / public chain comparisons with major public chains, $BLUE is ridiculously low:
Market capitalization ratio
What does this mean? Now is the time to mine gold in the bottom price range.
The project team has been very active recently, not only launching events and tasks but also accelerating product iteration and ecosystem expansion. They are also collaborating with the reputation platform GiveRep on the SUI chain, which is very popular in overseas communities.
Therefore, $BLUE has a very strong spot Alpha attribute. It is not only about earning points and completing tasks, but it could also be a good opportunity to ambush in the spot bull market.
In summary: if you missed UNI and JUP, don't miss $BLUE again!
$BLUE is one of the few projects that currently truly possesses: fast on-chain speed, experience comparable to centralized platforms, strong institutional backing, high product income, and is on the way to Binance.
This wave of 'one fish, four eats', if you don't take action now, it'll be too late to FOMO when it rushes to the Binance hot list!
