SUI’s decentralized exchange (DEX) activity has reached a significant milestone, recording its highest-ever monthly volume of $19.91 billion. This marks a new all-time high (ATH) for the SUI network and highlights a growing appetite for decentralized finance (DeFi) within its ecosystem.
This milestone reflects the platform’s increasing popularity among traders and developers alike. The surge in DEX volume suggests more users are trusting the SUI network to handle their swaps, trades, and liquidity provisioning without relying on centralized intermediaries.
What’s Driving the Growth?
There are several key factors behind this massive volume increase. First, SUI’s low gas fees and high throughput make it an appealing choice for DeFi protocols. Secondly, a growing number of DeFi applications are launching or integrating with the SUI blockchain, bringing new liquidity and users.
Additionally, as users seek faster, cheaper, and more secure alternatives to Ethereum or other L1 blockchains, SUI is becoming a compelling option. Its developer-friendly environment and scalability solutions also encourage innovation in the ecosystem.
BIG: $SUI monthly DEX volume is at a new ATH of $19.91B. pic.twitter.com/lFvZ2BWuJR
— Marc Shawn Brown (@MarcShawnBrown) October 23, 2025
SUI’s DeFi Ecosystem Is Heating Up
The current momentum is not just a one-off. DEXs on SUI are becoming increasingly competitive, both in terms of volume and features. Protocols such as Cetus and others have seen notable growth, offering users attractive yields and deep liquidity.
If this growth trend continues, SUI could soon challenge some of the bigger DeFi platforms in the space. The record-breaking $19.91B in volume is not just a number—it’s a signal that the SUI network is entering a new phase of adoption and market relevance.