Introduction to Overtake: Marketplace Project on SUI

The world of blockchain is filled with innovation, and Overtake has emerged as a marketplace project that aims to take advantage of the features of the SUI network. 

Combining community activity with efficient blockchain design, Overtake is positioned as an experimental yet practical platform. 

With millions of transactions recorded and strong engagement from users worldwide, it is increasingly being recognised as a project worth understanding. Let’s look more closely at what Overtake is, how it functions, and why it has gained attention.

What is Overtake?

Overtake is a marketplace project designed to run on the SUI blockchain. At its core, it aims to provide a trading and exchange ecosystem that leverages the speed and scalability of SUI. 

Unlike simple meme coins or short-term experiments, Overtake is built as a more structured marketplace platform where users can interact with assets in a secure and transparent way.

The project has already established itself with measurable activity. According to available data, more than 29,000 transactions were recorded in just a single week, with around 12,550 active users engaging with the platform. 

This demonstrates that Overtake is not simply a concept but a functioning system with growing adoption. The total token transfers in the same period reached over $35 million, which is a strong indicator of liquidity and usage.

Overtake also places emphasis on its global community. The most active time zones are in regions such as GMT+6 and GMT+7, with countries including Afghanistan, Kyrgyzstan, and the Faroe Islands showing strong participation. 

This international spread reflects how blockchain projects can draw diverse user bases across borders.

The project has not yet completed external audits or undergone formal certification through firms like CertiK. 

This means that while Overtake has shown strong growth, potential users should remain mindful of the associated risks. 

However, its development team has been active, with a GitHub repository maintained by ottm-labs, highlighting ongoing technical progress.

In simple terms, Overtake is best understood as a blockchain marketplace built to harness the efficiency of SUI while encouraging community involvement and active trading.

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Overtake’s Market Activity and Project Development

One of the most important aspects of any blockchain project is its performance in the market. Overtake has shown both promise and areas for caution. Its code security rating sits at around 58 out of 100, with several flagged points related to centralisation and token control. 

For example, ownership has not been renounced and the contract retains functions such as the ability to modify taxes or adjust balances. 

These elements highlight that the team still holds significant control, which can be a double-edged sword depending on how trust is managed within the community.

Despite these technical caveats, Overtake has achieved notable milestones. The project reported raising $7 million in a strategic funding round in August 2025, with Immutable listed as one of the investors. 

This level of institutional interest gives it additional credibility, particularly at a time when many blockchain projects struggle to attract outside investment.

The project’s maturity is estimated at around three years, which positions it as somewhat established compared with many newer entrants in the space. This longer timeline has allowed Overtake to develop a more stable foundation while building its user base.

Operational resilience is another important factor. Overtake scores highly in areas such as network and application security, with only minor issues reported in website scanning, such as missing headers or outdated SSL practices. 

Importantly, no major incidents have been reported in the past 90 days, suggesting that the project has avoided significant disruptions.

Community trust also plays a key role in Overtake’s progress. With over 393,000 followers on Twitter, the project has a considerable social presence. 

This level of reach helps sustain interest and drives engagement in the marketplace. While the account is categorised as moderately active, consistent growth in followers points to ongoing interest from new participants.

In summary, Overtake is a project that balances risks with progress. Its funding success, active user base, and trading volumes show promise, while its security and centralisation factors are areas to watch.

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Why Overtake Matters in the SUI Ecosystem

The SUI blockchain has become known for its ability to handle high transaction speeds at low costs. In this environment, marketplace projects like Overtake are well positioned to attract both traders and developers. 

By creating a platform that encourages active engagement, Overtake adds utility to the SUI ecosystem while also serving as a testing ground for community-driven blockchain commerce.

What makes Overtake particularly notable is the scale of its user base. With more than 12,000 weekly users, it ranks as one of the more active projects within its niche. 

This activity not only demonstrates current interest but also helps build momentum for future growth. The more transactions and users it attracts, the more valuable the marketplace becomes for participants.

Overtake also benefits from the broader momentum of marketplace projects in crypto. Marketplaces play a vital role in bridging assets, enabling liquidity, and fostering innovation. 

By positioning itself on SUI, Overtake taps into a network that prioritises scalability, giving it the potential to support large transaction volumes without sacrificing efficiency.

Another important aspect is its global spread. The fact that users from diverse countries are already engaged with Overtake highlights the project’s accessibility. 

Blockchain projects often thrive when they resonate across different cultures and regions, and Overtake’s international user base strengthens its position in this respect.

Finally, the $7 million funding round provides resources for continued development. Strategic backing ensures that the team has the means to build out new features, improve security, and refine marketplace tools. 

This combination of strong financial support and community activity helps explain why Overtake is drawing attention within the SUI ecosystem.

Read also: SUI Network Integration with Babylon: Implementing BSN

Conclusion

Overtake is a marketplace project built on SUI that blends active community participation with the efficiency of a scalable blockchain. 

With millions in weekly transactions, over 12,000 active users, and significant funding support, it has established itself as a project worth following. 

While there are risks tied to security and centralisation, Overtake’s growth trajectory suggests it has a meaningful role to play in the SUI ecosystem.

For traders seeking safer and more reliable ways to engage with projects like Overtake, platforms such as Bitrue provide an effective alternative. By offering secure trading and simplified access, Bitrue helps users explore blockchain assets without unnecessary risks.

Read also: Introduction to Bitrue Alpha - Completed Explanation

FAQ

What is Overtake?

Overtake is a blockchain marketplace project built on the SUI network, designed to facilitate trading and asset exchange.

How active is Overtake?

Overtake has around 12,550 weekly active users and more than 29,000 weekly transactions, highlighting its strong activity.

Has Overtake been audited?

No, Overtake has not been audited by CertiK or third-party auditors, though it has maintained an active GitHub repository.

How much funding has Overtake raised?

Overtake raised $7 million in a strategic round in August 2025, with Immutable listed as an investor.

Why does Overtake matter for SUI?

It expands the utility of the SUI blockchain by providing a functioning marketplace, attracting users globally, and boosting overall activity on the network.

Investor Caution 

While the crypto hype has been exciting, remember that the crypto space can be volatile. Always conduct your research, assess your risk tolerance, and consider the long-term potential of any investment.

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