Hacks & Exploits
Sui Achieves Record 40.6 Million Transactions Per Second at Basecamp Event
At the Sui Basecamp conference held in Singapore on October 7, 2026, the Sui blockchain network demonstrated its capabilities by processing an unprecedented 40,614,180 transactions per second (TPS). This remarkable feat was verified in real-time by independent auditor CertiK, surpassing the initial target of 20 million TPS and significantly exceeding the previous record of 6,086,766 TPS set just a few months earlier.
The demonstration took place during a live event alongside the Token2049 conference, with co-founders of Mysten Labs, including Adeniyi Abiodun, leading the presentation. The event showcased the potential of Sui's innovative 'tunnels' technology, which allows for high-throughput transactions to be processed off-chain before settling on the main blockchain.
These tunnels function similarly to off-chain payment channels, enabling a vast number of transactions to occur without congesting the main network. The success of this test is seen as a pivotal step towards what Sui refers to as 'agentic finance,' where AI and machine learning systems autonomously conduct transactions.
During the event, participants engaged in prediction contests, with prizes awarded to those who accurately forecasted the transaction volume. The impressive TPS figure is expected to be further analyzed in a forthcoming report from CertiK, providing deeper insights into Sui's performance and capabilities.
FAQ
What was the record transaction speed achieved by Sui at the Basecamp event?
Sui achieved a record of 40,614,180 transactions per second (TPS) at the Basecamp event.
Who verified the transaction speed during the Sui Basecamp conference?
The transaction speed was verified in real-time by independent auditor CertiK.
What technology did Sui showcase to achieve high transaction throughput?
Sui showcased its innovative 'tunnels' technology, which allows for high-throughput transactions to be processed off-chain.
What is the significance of the term 'agentic finance' in relation to Sui?
'Agentic finance' refers to a concept where AI and machine learning systems autonomously conduct transactions, which Sui aims to facilitate.
What event coincided with the Sui Basecamp conference?
The Sui Basecamp conference took place alongside the Token2049 conference.