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14:00 Jun 02, 2025
In Q1 2025, Sui continued expanding across DeFi, gaming, and infrastructure despite a broader market downturn. Average daily DEX volume reached a new high of $304.3 million, led by Cetus and Suilend, while activity across lending, stablecoins, and cross-chain swaps reinforced overall network usage. In consumer and gaming, new titles, the release of the SuiPlay0X1 design, and broader integration of Sui infrastructure signaled growing adoption beyond financial applications. Walrus launched on mainnet with $140 million in funding, bringing decentralized storage to production and driving a wave of new integrations. Institutional interest accelerated with Grayscale’s addition of SUI, Libre’s tokenized fund access, and Canary Capital’s U.S. ETF filing. Core infrastructure expanded with support from Phantom, Binance, RedStone, and Wallet in Telegram, while new RFPs, accelerator cohorts, and hackathons strengthened developer engagement. In the near future, Sui plans to expand its partnerships and technical integratio...