SUI vs WSTETH
Sui and Wrapped Lido Staked ETH 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
SUI scores 146 of 250 and ranks 23rd of 251. WSTETH scores 185 and ranks 3rd. WSTETH leads by 39 points, which is a wide enough margin that the framework is not ambivalent. SUI takes 7 of the 25 variables, WSTETH takes 15, and 3 are level.
The framework rates SUI HOLD and WSTETH HOLD CORE. 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. WSTETH is clear on Vesting Schedule (10 against 2), Circulating / FDV Ratio (10 against 3) and Protocol Revenue (9 against 3).
SUI still has 58.8% of its eventual supply to enter circulation against 0% for WSTETH. On the same market capitalisation, a buyer of SUI is taking the 2.43x dilution path and a buyer of WSTETH the 1x one.
WSTETH is valued at $11.76B against $4.63B for SUI, a 2.5x difference. The larger of the two also scores higher, so the market and the framework agree on the ordering here.
SUI trades 79% below its all-time high and WSTETH 56% below its own. Recovering the high needs 4.8x from SUI and 2.3x from WSTETH, 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 | 3 | 9 | WSTETH +6 | |
| Revenue Trend | 8 | 8 | level | |
| P/S Multiple | 5 | 7 | WSTETH +2 | |
| Real Staking Yield | 5 | 9 | WSTETH +4 |
Supply
| Supply Inflation | 2 | 8 | WSTETH +6 | |
| Vesting Schedule | 2 | 10 | WSTETH +8 | |
| Circulating / FDV Ratio | 3 | 10 | WSTETH +7 | |
| Buyback and Burn | 2 | 5 | WSTETH +3 |
Ownership
| Smart Money Flows | 8 | 9 | WSTETH +1 | |
| Insider Selling | 4 | 8 | WSTETH +4 | |
| Holder Concentration | 4 | 5 | WSTETH +1 |
Traction
| TVL Trend | 9 | 7 | SUI +2 | |
| Active Users | 7 | 8 | WSTETH +1 | |
| Developer Activity | 8 | 7 | SUI +1 | |
| Network Growth | 7 | 7 | level |
Position
| Market Share | 6 | 8 | WSTETH +2 | |
| Competitive Moat | 7 | 8 | WSTETH +1 | |
| Institutional Adoption | 6 | 7 | WSTETH +1 | |
| Exchange Depth | 7 | 6 | SUI +1 | |
| Social Mindshare | 8 | 7 | SUI +1 |
Risk
| Regulatory Safety | 6 | 6 | level | |
| Catalyst Calendar | 7 | 6 | SUI +1 | |
| BTC Alpha Potential | 7 | 5 | SUI +2 | |
| Team Execution | 8 | 7 | SUI +1 | |
| Treasury Runway | 7 | 8 | WSTETH +1 |
Bars read outward from the centre: SUI to the left, WSTETH 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
| SUI | WSTETH | |
|---|---|---|
| Price | $1.12 | $3,193 |
| Market cap | $4.63B | $11.76B |
| Circulating | 41.2% | 100% |
| Dilution to full supply | 2.43x | 1x |
| Off all-time high | -79% | -56% |
| To recover the high | 4.8x | 2.3x |
| Total value locked | $2.10B | $26.00B |
| Network | Sui | Ethereum |
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
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
WSTETH · HOLD CORE
WstETH becoming default collateral across all major lending protocols; MakerDAO, Aave, Spark all natively integrated
Lido centralization risk (about 24% of staked ETH, down from a 32% peak in 2023); Ethereum validator concentration concerns; potential regulatory classification as security
Common questions
- Is SUI or WSTETH the better investment?
- On this framework WSTETH scores higher: 185 against 146 of 250, and it is rated HOLD CORE against HOLD. That is a ranking of fundamentals as recorded at the last scoring pass, not a price forecast, and SUI still wins 7 of the 25 individual variables against WSTETH.
- What is the biggest difference between SUI and WSTETH?
- Vesting Schedule. SUI scores 2 of 10 there and WSTETH scores 10, a gap of 8 points on a single variable.
- Which is bigger, SUI or WSTETH?
- SUI is valued at $4.63B and WSTETH at $11.76B 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.