Ryan Servatius @ryan_servatius
Global Head of Partnerships at @Mysten_Labs. I do deals and drive enterprise integrations across @SuiNetwork. Product Manager for Hashi. NFA. Opinions my own. Westcoast Joined July 2009-
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Probably missed by most. @SuiFoundation joined the Linux Foundation Decentralized Trust today, alongside Wells Fargo, Swift and @OpenAssetsInc (who proposed it). The intention is very simple: create an open standard so issuers tokenizing the same asset get compatible objects. In a world where bitcoin represents well over a trillion dollars of mostly idle collateral, tokenized RWAs are…something you will hear more about in 2027. For those who want some light reading, the proposal is below and open for comment. github.com/OpenTokenizedA…
Sui Foundation just joined @lfdecentralized Trust, the open source home for the future of finance. We're helping build the standards tokenized assets need to move across institutions.
I wake up, I work for Sui, then I take a nap, I dream of Sui, I wake up again, Sui, then another nap: statistically -> if evening, I dream of Sui algorithms -> if night, I dream of Sui AI these days -> if I don’t sleep at all, I work for Sui
Context for your guess: on July 4th the internal target was 1M TPS. @SuiNetwork hit 6M through programmable tunnels, settling to mainnet on production validators. For years research reports pegged Sui at 297k. That was a 2023 testnet benchmark from before mainnet launched. July 4th was the first time we re-ran it. Turns out it was higher than people thought. Basecamp is the same setup, but live, with @CertiK auditing the results. We’ve never made a big deal about TPS because Sui’s architecture doesn’t have a ceiling the way other chains do. Who’s taking the under against @kostascrypto?
Every record needs a witness. On July 4, Sui hit 6,086,766 TPS. On October 7, @kostascrypto runs it again. Live, on the main stage at Sui Basecamp 2026, verified in real time by @CertiK. Be our witness.
Catching up on an important thing that happened last week. @AftermathFi shipped their v2 perps dex. @osec_io spent twelve weeks across nine repos. Then a second independent audit by @Certora. Both reports are public: docs.aftermath.finance/perpetuals/aud… The result: matching and settlement, fully onchain. A perps dex. That’s a big headline in itself. But bookmark this part: under the hood AF is an industrial grade implementation of Sui’s PTBs. What are PTBs? This is super key to the mystery of what makes AF on Sui different. Dig into this part docs.sui.io/develop/transa… PTBs are a quiet @SuiNetwork superpower that Aftermath zeroed in on immediately and early. x.com/kevinaftermath… (seriously, read this) In their rebirth, they did some important and foundational plumbing to build an MCP server, with skills files on day one. More on this later. Congrats @0xairtx @KevinAftermath and Mr. McBeaster on this moment. This team deserves all their success. We are grateful. docs.aftermath.finance
Aftermath Perpetuals V2 is live on mainnet. 15 markets on day one: BTC, ETH, SUI, NVDA, TSLA, GOOGL, gold, silver, WTI crude, the S&P 500, and more. Entirely onchain. af.lol
Sui is deliberately working on a native Proof of Reserves verified protocol for all of its exchanges, CeFi or DeFi and custodians.
Last week @hadron_tether went live on @SuiNetwork. This week @Securitize brought Neuberger Berman’s first tokenized fund to Sui. I wonder what happens when idle BTC becomes collateral for high yield RWAs…
was looking at this list yday and wondering why Tether was there since i mostly think stablecoins apparently they have Hadron for putting stocks, bonds + commodities onchain now Hadron is live on Sui + Securitize just launched its first tokenized fund on Sui too they're going
@cryptosuinavi @navi_protocol Yes, and the piece that makes it infrastructure is that curation has to pay someone. A shared pool has one parameter set and code is accountable. Every Prime market has a human curator who has a public track record now. That’s what’s worth watching over the next few months.
Everyone will take the isolated-markets headline. The line worth rereading is further down. @navi_protocol plans to open Prime curation to outside risk teams, funds, and allocators — own markets, methodology published upfront, track record onchain. Risk management stops being something a protocol ships and becomes something people compete on and get judged for. One of the deepest lending venues on @SuiNetwork, widening the surface rather than guarding it. Congrats @elliscopef and team.
1/ Today, we're introducing NAVI Prime. A new lending framework on @SuiNetwork designed for capital that demands greater clarity, transparency, and control. 👇🧵
Governance proposal #3 just went live on Hashi. Still on testnet. Read that again: 84 validators are voting on how native Bitcoin orchestration works on Sui before mainnet even exists. The rules are being written in public, by the network. The most important partner set of any real network are the validators. Here they are on @SuiNetwork doing the work before there's anything to gain from it. testnet.hashi.sui.io/activity
As promised, we said we would share what we're learning with Hashi testnet. Huge thanks to the community for continuing to stress test. One thing that's worth a look is the Hashi explorer itself. Mysten Engineering has done an incredible job with this, not just because it looks
@cz_binance Do you count the Satoshi wallet among the 10-20% of the lost / stolen BTC?
@tehMoonwalkeR The agent doing the heavy lifting here is a hundred years old. It’s an SEC-registered transfer agent and it has exactly one job: keep the official record of who owns a security. sec.gov/about/answerst… This is where Hadron comes in: prnewswire.com/news-releases/…
There’s a part people are skimming past. Hadron is an asset issuance platform with a transfer agent attached. It’s built in. If you could see inside the software, it would look like a better version of Salesforce workflow, but for regulators. While the world has been focused squarely on NYC, the @OpenAssetsInc folks have all of that for every other financial capital too. I don’t know if the world has digested how big of a mark this team is set to make.
Sui just went live on Hadron by @tether. Sub-400ms finality. Object-centric architecture built for real asset logic. Now the rails institutions use to issue tokenized equities, bonds and commodities compliantly, are available at scale, on @SuiNetwork. hadron.tether.to
Three weeks after launching Hashi Testnet, traction is building: 📥 1.1M+ deposits processed 📤 165K+ withdrawals 🔒 More than 50% of all Bitcoin Signet transactions in the last two weeks came from Hashi test activity
As promised, we said we would share what we're learning with Hashi testnet. Huge thanks to the community for continuing to stress test. One thing that's worth a look is the Hashi explorer itself. Mysten Engineering has done an incredible job with this, not just because it looks good. The explorer showcases a visual representation of just how Hashi actually works. Bitcoin in, bitcoin out. The mempool, the queuing, the inflight transactions. The play action is all right there for all to see. Transparently. This was a fundamental design principle and it's been brought to life here. testnet.hashi.sui.io/activity
Three weeks after launching Hashi Testnet, traction is building: 📥 1.1M+ deposits processed 📤 165K+ withdrawals 🔒 More than 50% of all Bitcoin Signet transactions in the last two weeks came from Hashi test activity
The 5th gen 4runner is the evidence you’re right. It’s as close to retro as anyone can get. 14 years in production with naturally aspirated v6 and 5 spd transmission. It was a dinosaur is 2010. Last production year was 2024. Most valuable call in America for resale, last I checked.
The AI / crypto convergence is not starting where most people think it’s starting. And it’s not starting with GPU orchestration, either. It’s starting in earnest with verifiable memory. And it’s by far the single most popular use case on @WalrusProtocol docs.wal.app/walrus-memory
I can attest to this 100%. Evan's competitiveness is spooky. Our team and partners need to mark this shift: Mysten Labs is now locked into 'Overdrive Mode'. More to come on this next week.
If you think I'm having a pity party or chilling at home, you clearly haven't done your homework. My betting average against doubters is 1000. Proving them wrong is my biggest joy in life. I didn't build @Mysten_Labs to be pretty good. I built it to make a dent in the universe
There are only a handful of people in this world who have created a programming language lauded within their industry. Even fewer who created one specifically for smart contracts. And only one who cofounded a lab that built the @SuiNetwork. @b1ackd0g is one of a kind. His greatest contributions are still yet to come.
I am leaving Mysten Labs and joining Anthropic to work on defensive security research.
Hashi requires absolute precision. The data the core team is compiling now in testnet is exactly what hardens the architecture for institutional partners ahead of Hashi mainnet. In the coming days we’re going to share a lot more about what we’re learning.
Update from the Hashi Testnet trenches: Sui devs are hitting the testnet hard, and we love to see it. A temporary withdraw limit increase was put in place to ease demand. But we realized there's so much that we're building in an "overdrive" mode to manage volumes going forward.
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