Sui hits 40 million transactions per second in live Basecamp test

Sui just posted a throughput number that sounds more like a population count than a blockchain stat. During a live demonstration at the Basecamp conference in Singapore on October 7, 2026, the network processed 40,614,180 transactions per second. Independent auditor CertiK verified the figure in real time as it happened. The organizers had set a target of 20 million TPS. They roughly doubled it. How the record came together The test ran alongside Token2049, one of the larger gatherings on the crypto conference calendar. Co-founders of Mysten Labs, the company behind Sui, led the demonstration, including Adeniyi Abiodun. The speaker lineup also featured Raoul Pal, among other high-profile guests. The jump from Sui’s previous best is the eye-catching part. On July 4, 2026, the network recorded 6,086,766 TPS during a livestream event involving AI agents. The new figure is more than six times that mark, achieved only a few months later. Attendees got to play along. Community prediction contests rewarded people who most accurately forecast the transaction volume, with prizes of 10,000, 5,000 and 1,000 SUI tokens for the closest guesses. What Sui tunnels actually do The engine behind the...