How to create a token in SUI: Quick Guide

The easiest way to create your own token on the Sui blockchain is to use an online dApp such as Smithiis Sui Token Creator.

This way, you will be able to create a token in Sui without having to program ANY code and in less than 1 minute, at a very affordable price.

Below we show you how to create a custom Sui coin and everything you need to know to launch it and get the most out of it in this Move-based L1. But, in case you prefer the video version, watch the following video that summarizes the process.

Create Sui Token step by step

Let's see the step by step to create a Sui token without programming using the dApp Sui Token Creatorsmithii. This tool will generate your Sui coin with the parameters you specify in a matter of seconds.

You will find an interface very similar to this one:

How each field works to generate a token correctly

Before you start creating tokens in Sui, decide on the custom properties: Name, Abbreviation, Decimals, Total supply and Description. Also consider whether it fits your project, whether it is a meme coin, utility token or governance token.

Name and Symbol

Ideally, both the name and the abbreviation should represent your project or idea. Make sure it is easy to remember and does not already exist in the market. The name and the symbol are two key factors in your branding and marketing strategy.

Description

The description is where you present the idea behind the creation of your token. Describe in a few words the motivation or use of your token in Sui. Be clear, concise and direct.

Decimals

In Sui, you can define the number of decimal places with which your token will operate. The most common and practical is to use 6 decimal places for most projects, although it depends on your needs.

Supply

The total supply is vital for the tokenomics of your project. Define how many tokens will be in circulation. We recommend you plan this number in advance and, if applicable, thoroughly analyze your monetization and token distribution plan for the team and the community.

Image or Logo

Design a logo that attracts attention and is representative of your idea. The visual part is crucial to attract potential investors and users. If you are creating a meme coin in Sui, the image must transmit the essence of the meme and be viralizable. Remember to use PNG format of approximately 1000×1000 pixels.

If you are interested in the concept of memes, don't miss our guide on how to create and launch a meme coin effectively.

How to launch my token in Sui?

When you create a token in Sui, the wallet you use to create it becomes the wallet with management authority. That means that you will have full control of the token (being able, for example, to mint more tokens or configure certain advanced properties, according to the standard of your Move contract).

To launch, you will usually need to pair your token with another asset that has value, creating a liquidity pool or listing your token on a specialized Sui DEX. Some popular platforms on this network are Cetus or Turbos Finance.

The cheapest way to launch a token in Sui

Using Smithii s Sui Token Creator will save you development costs, as you don't need to program your own contract in Move. The tool is developed by a visible and reliable team, offering a clear interface for you to securely create, manage and launch your token to the market.

Once the token is created, you will be able to add liquidity in the DEX of your choice. Depending on how much liquidity you want to inject, this will define part of the initial price of your token.

Remember that Smithii offers a one-stop solution so you can add and remove liquidity, create a marketplace, and make your first token purchase without unnecessary risk. Also explore our guides on how to avoid sniper bots if you want to protect your project in its initial phase.

How much does it cost to create a token in Sui?

The cost of creating a token without programming is 7.5 SUI with Smithiis suit tools. If you want to add social links to dextools to make it look more professional, you will have to invest an additional 200 SUI.

Facts about tokenization in Sui

Sui is an L1blockchain based on the Move language, specifically designed for scalability and security. By creating a token on Sui, you take advantage of a highly efficient environment with relatively low network fees. All this facilitates the experience for both developers and users.

In other words, if we refer to creating tokens in Sui, we are talking about generating a digital asset that complies with the network standard and that can be used for purposes such as means of payment, governance, investment, among others.

What is the purpose of creating a token on the Sui blockchain ?

Sui tokens can serve multiple purposes. Among the most prominent uses are:

Conclusion

Sui tokens offer great flexibility and efficiency and can be adapted to different use cases in the Web3 ecosystem. In the SUI network, everything is still to be done, so you have great opportunities to become a pioneer.