Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
Sui DEX Surpasses $160 Billion in Trading Volume

Sui DEX Surpasses $160 Billion in Trading Volume

Coinlineup2025/10/14 05:09
By:Coinlineup
Key Takeaways:
  • Sui DEX volume hits $160 billion, major Layer 1 milestone achieved.
  • Market reactions show optimism and potential for growth.
  • Prominent industry partnerships boost Sui’s ecosystem expansion.

SUI DEX volume recently surpassed $160 billion, establishing Sui as a leading Layer 1 blockchain. Key achievements include a $2.6 billion TVL and growth driven by partnerships, positioning Sui ahead of many traditionally established chains.

In a recent achievement, Sui’s decentralized exchange (DEX) volume reached $160 billion, solidifying its status as a leading Layer 1 blockchain. This record reflects increased trading activity and DeFi adoption, with Sui’s Total Value Locked (TVL) now at $2.6 billion.

This event underscores Sui’s significant rise within the blockchain sector. The surge in DEX volume enhances its position by attracting institutional partnerships and user adoption, echoing trends observed in prior major blockchain milestones.

Evan Cheng and Mysten Labs, alongside strategic partners like Nansen and World Liberty Financial, are at the core of this expansion. Their collaborations are pivotal in driving Sui’s network developments and overall market positioning.

The substantial growth in Sui’s DEX volume has propelled it to the forefront of blockchain discussions, reflecting rising confidence and support from financial sectors. However, the direct impact on major cryptocurrencies like ETH and BTC remains limited, with Sui’s success currently centered on its ecosystem.

As Sui achieves this milestone, the broader implications for DeFi and market infrastructure become more evident. The involvement of WLFI’s USD1 stablecoin further underscores this impact, hinting at increased liquidity and adoption across financial networks without triggering new regulatory focuses. Similar historical growth patterns in other Layer 1 chains suggest that Sui’s trajectory remains favorable. James Easton, Analyst, Cipher X, remarked, “The $SUI chart is a work of art,” highlighting the optimism surrounding Sui’s potential, with strong technical trends emphasizing possible price increases and further adoption within DeFi sectors.

0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

The Financial Insights of Thomas Sowell and Their Importance for Contemporary Investment Approaches

- Thomas Sowell's economic framework emphasizes causal analysis of disparities through cultural, historical, and institutional factors rather than simplistic blame. - His approach challenges zero-sum thinking in investing, advocating for market-driven solutions and rejecting policy interventions that distort competition. - Sowell's focus on human agency and cultural context aligns with value investing principles, guiding investors to prioritize long-term fundamentals over ideological debates. - Emerging ap

Bitget-RWA2025/12/12 18:04
The Financial Insights of Thomas Sowell and Their Importance for Contemporary Investment Approaches

Investing in Industries that Reflect the Comprehensive Wellness Movement

- Global wellness economy, valued at $6.8T in 2024, will grow 7.6% annually to $9.8T by 2029, driven by mental health, nutrition, and financial wellness demand. - Financial wellness software ($3.07B in 2025) and programs ($2.12B) markets are projected to surge to $6.68B and $4.96B by 2033, fueled by AI/automation and employer investments. - Key trends include AI-driven budgeting tools (YNAB, Acorns), ESG-aligned programs, and regional growth led by North America (45% share) and Asia-Pacific's digital adopt

Bitget-RWA2025/12/12 18:04
Investing in Industries that Reflect the Comprehensive Wellness Movement
© 2025 Bitget