LEO vs SUI
UNUS SED LEO and Sui scored on the same 25 variables, ranked against the same 251 tokens, with every gap between them shown.
Scoring pass 18 Sept 2026. Market snapshot 7 Oct 2026.
What separates them
LEO scores 126 of 250 and ranks 53rd of 251. SUI scores 146 and ranks 23rd. SUI leads by 20 points, which is a real gap, though small enough that one variable moving would close much of it. LEO takes 6 of the 25 variables, SUI takes 17, and 2 are level.
The framework rates LEO CAUTIOUS HOLD and SUI HOLD. Two tokens close enough to compare do not have to land in the same band, and where they do not, the divergence table below is where the split comes from.
5 variables separate them by 3 points or more. LEO is clear on Supply Inflation (8 against 2), Vesting Schedule (8 against 2) and Circulating / FDV Ratio (9 against 3). SUI is clear on TVL Trend (9 against 4).
SUI still has 58.8% of its eventual supply to enter circulation against 6.6% for LEO. On the same market capitalisation, a buyer of SUI is taking the 2.43x dilution path and a buyer of LEO the 1.07x one.
LEO is valued at $8.19B against $4.63B for SUI, a 1.8x difference. The smaller of the two scores higher on fundamentals, which is the disagreement worth understanding before either position is taken.
SUI trades 79% below its all-time high and LEO 16.2% below its own. Recovering the high needs 4.8x from SUI and 1.2x from LEO, which is the same statement read as the return each one has to produce.
All 25 variables, head to head
Both tokens were scored by the same framework in the same pass, so the numbers are directly comparable. What a comparison adds over two separate pages is the gap: a 6 against a 6 is a non-event, a 9 against a 3 is the reason to hold one and not the other.
Cash flow
| Protocol Revenue | 6 | 3 | LEO +3 | |
| Revenue Trend | 5 | 8 | SUI +3 | |
| P/S Multiple | 5 | 5 | level | |
| Real Staking Yield | 3 | 5 | SUI +2 |
Supply
| Supply Inflation | 8 | 2 | LEO +6 | |
| Vesting Schedule | 8 | 2 | LEO +6 | |
| Circulating / FDV Ratio | 9 | 3 | LEO +6 | |
| Buyback and Burn | 8 | 2 | LEO +6 |
Ownership
| Smart Money Flows | 4 | 8 | SUI +4 | |
| Insider Selling | 6 | 4 | LEO +2 | |
| Holder Concentration | 3 | 4 | SUI +1 |
Traction
| TVL Trend | 4 | 9 | SUI +5 | |
| Active Users | 5 | 7 | SUI +2 | |
| Developer Activity | 4 | 8 | SUI +4 | |
| Network Growth | 3 | 7 | SUI +4 |
Position
| Market Share | 5 | 6 | SUI +1 | |
| Competitive Moat | 5 | 7 | SUI +2 | |
| Institutional Adoption | 4 | 6 | SUI +2 | |
| Exchange Depth | 4 | 7 | SUI +3 | |
| Social Mindshare | 3 | 8 | SUI +5 |
Risk
| Regulatory Safety | 4 | 6 | SUI +2 | |
| Catalyst Calendar | 3 | 7 | SUI +4 | |
| BTC Alpha Potential | 5 | 7 | SUI +2 | |
| Team Execution | 5 | 8 | SUI +3 | |
| Treasury Runway | 7 | 7 | level |
Bars read outward from the centre: LEO to the left, SUI to the right. The side that leads a variable is filled. Each score is 1 to 10 against the same definition applied to all 251 rated tokens.
Market and supply
| LEO | SUI | |
|---|---|---|
| Price | $8.90 | $1.12 |
| Market cap | $8.19B | $4.63B |
| Circulating | 93.4% | 41.2% |
| Dilution to full supply | 1.07x | 2.43x |
| Off all-time high | -16.2% | -79% |
| To recover the high | 1.2x | 4.8x |
| Total value locked | not published | $2.10B |
| Network | Ethereum | Sui |
Price, market cap and all-time high from the CoinGecko snapshot fetched 7 Oct 2026. Supply shares are derived from circulating and eventual supply counts, which do not move with price. The 25 scores come from the research pass dated 18 Sept 2026.
Catalyst and risk on each side
LEO · CAUTIOUS HOLD
Continuous LEO token buyback and burn funded by at least 27% of iFinex consolidated gross revenue, accelerating token burn from Q3 2025.
DOJ indictment of Bitfinex/Tether executives for bank fraud or sanctions violations.
SUI · HOLD
Dominant DEX volume growth; zkLogin adoption driving user onboarding; CETUS liquidity monopoly
Only 33% of tokens in circulation; Mysten Labs/VC releases through 2028 create structural sell pressure
Common questions
- Is LEO or SUI the better investment?
- On this framework SUI scores higher: 146 against 126 of 250, and it is rated HOLD against CAUTIOUS HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and LEO still wins 6 of the 25 individual variables against SUI.
- What is the biggest difference between LEO and SUI?
- Supply Inflation. LEO scores 8 of 10 there and SUI scores 2, a gap of 6 points on a single variable.
- Which is bigger, LEO or SUI?
- LEO is valued at $8.19B and SUI at $4.63B on the latest market snapshot.
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Research and analysis, not investment advice. A higher score is one framework applied consistently to 251 tokens, not a prediction that one asset will outperform the other.