Bluefin BLUE

What BLUE actually is on-chain

Bluefin is a Move coin type deployed on Sui, at contract address 0xe1b45a0e641b9955a20aa0ad1c1f4ad86aad8afb07296d4085e349a50e90bdca::blue::BLUE. That address, not the ticker BLUE, is what uniquely identifies this asset: anyone can deploy a second token calling itself BLUE, but the contract is unforgeable. Verify it against suiscan.xyz before sending funds or approving a spend.

Sui uses Move's object model, so BLUE is a typed coin object rather than a balance entry in a shared contract. The type string above is the full identifier — the module and struct name are part of it, which is why it looks longer than an EVM address. Liquidity is in Cetus and Turbos pools and gas is paid in SUI.

3 other assets tracked on this site also use the ticker BLUE: Blue Protocol (BNB Chain, 0xa902…06fb); Blue (Base, 0x7F65…fF5b); Blue Guy (another network). The asset on this page is specifically the Sui deployment at 0xe1b4…bdca::blue::BLUE. These are unrelated tokens with separate contracts, separate supply and separate price histories — a price alert set on one of them says nothing about the others, and a ticker search is not enough to tell them apart.

For BLUE the project publishes an active account as @bluefinapp. That is a partial paper trail — enough to check claims against, not enough to audit. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where BLUE sits in the market

Bluefin sits at #1372, inside the middle of the small-cap band. Depth here is shallow enough that one large order walks the book several percent and the print mean-reverts within the same session — which is why a single fixed price level is a fragile trigger, and a condition that tolerates one wick is the more useful construction. Listings are concentrated across a small number of venues, so volume-driven delisting is an active risk here rather than a hypothetical one.

CryptoPingAi is currently streaming 3 live BLUE order books (Gate.io, HTX, Bithumb). That is coverage in line with a #1372 ranking: enough books to cross-check a quote, few enough that one of them can dominate price formation for hours at a time. One of them is a Korean won market, so the Kimchi-premium spread between the KRW and USDT quote is visible on this page.

BLUE against its all-time high

BLUE is down more than 95% from its $0.8567 peak (on 2024-12-15), leaving a 105x gap to reclaim. A drawdown this deep strips the record of analytical use: the supply structure, the holder base and usually the market cycle behind that print no longer exist. For BLUE the informative reference is the downside, which makes the range section below more relevant than this one. That high was set roughly 2 years ago, recently enough that it still anchors how most current holders frame the asset.

BLUE across its historical range

The recorded range runs 54.2x, from $0.0158 to $0.8567 — wide by the standards of traditional assets, moderate for this one's class.

BLUE trades within -48.6% of the all-time low of $0.0158 set on 2026-05-03. Below that mark the chart is blank — no prior trading means no support level to cite, no volume shelf and no cluster of cost basis to lean on. Because that low is itself recent, the asset is in an active downtrend rather than sitting at an old floor — each new low invalidates the previous one as a reference.

BLUE supply and valuation data

Bluefin sits just outside the band where circulating and total supply are independently verified, so we hold a valuation figure for BLUE but not an audited token count. What we do have is a fully diluted valuation of $21.4 million as of 2026-05-12. That is in the upper quartile of tracked assets by fully diluted value.

That valuation is a point-in-time snapshot, not a live figure, so we deliberately avoid dividing it back into a token count — the price has moved since, and the arithmetic would yield a precise-looking supply number that is simply wrong. Read the current supply from the project's own explorer before relying on any per-token valuation. The authoritative figure is the one suiscan.xyz reports for this contract.

What kind of asset BLUE is

Bluefin is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files BLUE under 9 categories, including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Automated Market Maker (AMM), Perpetuals. CoinGecko also records deployments on Sui (92 tracked tokens), so its on-chain liquidity and its user base move with that network. Worth flagging from the metadata: BLUE was held in the Alameda Research portfolio.

How to set a Bluefin alert that is worth receiving

Bluefin is the Move coin type at 0xe1b4…bdca::blue::BLUE on Sui — quoted on 3 venues we stream — high dated 2024-12-15 — rank #1372. On this profile the condition that carries signal is thresholds anchored to the recent range rather than to the all-time high.

Full alert-design method: thresholds, RSI/MACD and volume conditions →