Sui has cut its non-refundable storage fee by 99% (protocol version 138).

On Aftermath, that lowers total gas for transactions that place, cancel or update orders by an estimated 60-70%. Market makers who quote often save the most, and cheaper quoting makes tighter spreads and deeper order books easier to sustain.

A second change is on the way. It lowers the cost of reading Move packages, which will cut gas further, especially for batched quotes.

Thanks to @mystenmark and the Sui team. You can read the proposal in SIP #75.

Sui has cut its non-refundable storage fee by 99% (protocol version 138).

On Aftermath, that lowers total gas for transactions that place, cancel or update orders by an estimated 60-70%. Market makers who quote often save the most, and cheaper quoting makes tighter spreads and deeper order books easier to sustain.

A second change is on the way. It lowers the cost of reading Move packages, which will cut gas further, especially for batched quotes.

Thanks to @mystenmark and the Sui team. You can read the proposal in SIP #75.

Sui has cut its non-refundable storage fee by 99% (protocol version 138).

On Aftermath, that lowers total gas for transactions that place, cancel or update orders by an estimated 60-70%. Market makers who quote often save the most, and cheaper quoting makes tighter spreads and deeper order books easier to sustain.

A second change is on the way. It lowers the cost of reading Move packages, which will cut gas further, especially for batched quotes.

Thanks to @mystenmark and the Sui team. You can read the proposal in SIP #75.

Sui has cut its non-refundable storage fee by 99% (protocol version 138).

On Aftermath, that lowers total gas for transactions that place, cancel or update orders by an estimated 60-70%. Market makers who quote often save the most, and cheaper quoting makes tighter spreads and deeper order books easier to sustain.

A second change is on the way. It lowers the cost of reading Move packages, which will cut gas further, especially for batched quotes.

Thanks to @mystenmark and the Sui team. You can read the proposal in SIP #75.