Bluefin has formally launched a brand new perpetual futures (perps) buying and selling platform on the Sui Community, Bluefin Professional. The Bluefin Perps Beta service has come to an finish with 648 days of service and 118,000+ accounts and greater than $55 billion in cumulative buying and selling quantity. Bluefin Governance Proposal 2 (BGP-2) will govern this transition and can set out the timeline of the migration, in phases.
1/ The Nice Migration is right here. Bluefin pioneered perps buying and selling on @SuiNetwork, and over the previous 648 days, Bluefin Perps Beta has processed over $55 billion in buying and selling quantity.
With Bluefin Professional, we introduce a very rebuilt perps trade and are excited to take perps… pic.twitter.com/wCQg3TZSYs
— Bluefin (@bluefinapp) July 3, 2025
On July 11, the platform will begin delisting a few of its belongings i.e., $SEI, $APT, $TIA, $POL, $AVAX, $ARB, $TRUMP, $DEEP, $BLUE, and $SEND on the Beta trade. The second wave of delistings, which incorporates $BTC, $ETH, $SOL, $SUI, and $WAL, is scheduled on July 29.
These are the primary markets on which Bluefin Professional will current, and merchants can take up the present positions by way of the brand new interface. Open positions must be liquidated prior to every delisting expiry or they may mechanically be on the oracle value.
Early Entry and Full Launch Schedule
The week of July 15 is focused because the early entry launch of Bluefin Professional. Three days later, after the early entry, the platform will likely be launched publicly. Merchants will stay capable of entry the Beta platform till July 29, and Bluefin Beta will formally sundown on July 31.
The platform’s yield-generating mechanism, Bluefin Vaults, will likely be obtainable throughout and after the migration, so customers is not going to miss out on the staking rewards. The event crew has ensured {that a} complete migration information and continuously requested questions will likely be printed previous to shifting to assist all customers.
Strategic Course and Institutional Adoption
Bluefin is eager to develop a high-scale decentralized buying and selling platform. The brand new Bluefin Professional can be set to use establishments’ increasing urge for food for perpetual futures. Robinhood and Coinbase are just some examples of firms which have carried out perps as a part of their product roadmaps, additional supporting the importance of this market section.
The infrastructure supplied by Sui Community can deal with international transaction quantity. The introduction of Bluefin Professional is supposed to be consistent with business tendencies in the direction of fast-paced, on-chain buying and selling environments.
