We are excited to announce that
@AftermathFi, the perp exchange and
@SuiNetwork validator, are proposing an 80% cut to Sui's RGP.
We ask all
@SuiNetwork validators to reduce their RGP to β€ 100 MIST.
We believe that this is both the right step and the right moment to align Sui with the rest of the market.
Here's why: Sui today charges ~6x more than Solana for a simple transfer, despite having the competitive edge when it comes to faster finality, parallel execution, and greater flexibility through PTBs.
A single order on Phoenix (Solana) costs $0.0011. On Aftermath, $0.0018. Both products have been heavily optimized for their respective stack. The remaining cost imbalance is due to how either chain charges for computation.
Shouldn't we be incentivizing on-chain activity?
After less than two months, Aftermath already consumes ~10% of Sui's daily gas. ~216k txs/day, ~2.1M on-chain events/day, 15 live markets across crypto, equities, and commodities. All fully on-chain. All paying gas on every quote, cancel, and fill.
Lowering gas doesn't just save money for existing users; it unlocks entirely new participants - market makers, institutions, agents traders - who were previously priced out of high-frequency trading on Sui.
Let's make Sui the home for onchain financial trading.