DipCoin Vaults Launch on Sui — Non‑custodial On‑chain Perpetual Strategies
DipCoin has launched DipCoin Vaults on the Sui blockchain: non‑custodial, on‑chain vaults that autonomously execute professional perpetual (perp) trading strategies for retail users. Built on Sui’s high‑performance stack, the Vaults accept USDC and supported assets and run real leveraged perp strategies (tiers from conservative <5x to aggressive up to 20x). Vaults execute trades on live perp markets through auditable Move smart contracts, use share‑based accounting so deposits track on‑chain PnL in real time, and permit instant non‑custodial withdrawals subject to vault rules. Fees are profit‑only (typically 10–20%), and strategy creators must stake into their own Vaults and earn via profit sharing. The product leverages Sui features — parallel processing, sub‑400 ms finality, DeepBook liquidity, Nautilus off‑chain matching with on‑chain verification, and zkLogin UX — to reduce latency and cost. DIP token staking grants fee shares and governance rights. DipCoin emphasizes that Vaults are autonomous on‑chain trading accounts (not copy‑trading or signal services) with transparent liquidation and margin logic. For traders, DipCoin Vaults package institutional perpetual strategies into low‑friction, transparent on‑chain products that may expand Sui DeFi TVL and create new yield sources while preserving non‑custodial control.
Bullish
The launch of DipCoin Vaults on Sui is likely bullish for the mentioned assets and Sui ecosystem in particular. Short term, the product may attract deposits and trading volume as retail users experiment with non‑custodial, strategy‑managed perp exposure; this can raise demand for SUI (used in the ecosystem) and for DIP (staking and governance utility), and increase on‑chain perp activity and fees. Vaults’ auditable on‑chain execution, low fees and UX enhancements (zkLogin, fast finality) reduce friction and could accelerate TVL inflows into Sui DeFi, supporting token sentiment. In the medium to long term, transparent, institutional‑style vault products can broaden retail participation in perpetuals, increasing sustained liquidity and demand. Risks that temper bullishness include leverage‑related liquidations during volatility, smart‑contract or oracle bugs, and potential rapid outflows if strategies underperform; these could create episodic selling pressure but do not negate the overall adoption upside. Considering these factors, net price impact on the referenced tokens is expected to be positive.