Updated on 23rd October, 2025
This Article Was First Published on The Bit Journal.
The Sui blockchain has reached a notable milestone: its decentralized exchanges (DEXs) have seen an all-time high monthly trading volume of $19.91B.
According to sources, SUI DEX volume in October surpassed previous records, which means more and more traders and liquidity providers are getting into the system. This surge in activity is a leading indicator of ecosystem strength and adoption.
The Record Volume: What the Numbers Say
Report states that in October 2025; SUI DEX volume hit an all-time high, one of the most active months in the chain’s history. This surpasses previous monthly records, meaning more users are participating and more on-chain trading is happening.
The volume milestone means users are choosing Sui’s DEXs over centralized exchanges, which means more trust in the protocol’s security and interface.
Moreover, several on-chain data platforms show DEX activity is one of the top metrics for Sui’s competitiveness: DeFiLlama shows Sui’s 24-hour DEX volume in the hundreds of millions and DEX rankings on Sui feature protocols like Cetus that are building liquidity.
As a result, the SUI DEX volume record is a sign of sustained momentum in the network’s DeFi layer.
What’s Behind the Surge in Trading
Multiple factors contribute to Sui’s DEX volume rise. Sui’s architecture allows for low gas fees and high throughput, making swaps, liquidity provision and trading cheaper and faster than on many Layer-1 chains. This competitive advantage attracts traders looking for efficient execution.
The ecosystem has seen more DeFi protocols and integrations. Platforms like Cetus, Bluefin and others are onboarding liquidity, optimizing yield and promoting deeper trading.
User growth also seems to be accelerating. Reports show developer activity increasing and new projects integrating with Sui. This growth attracts both capital and usage.
Finally, market sentiment is positive towards other chains beyond Ethereum, which means interest in high-performance blockchains. As users look for efficient execution, Sui benefits from the attention towards scaling alternatives. These drivers combine to push the SUI DEX volume to new highs.
Which Projects Are Capturing SUI DEX Volume
In Sui’s DEX space, some projects are capturing a large chunk of the volume. Cetus, for example, is mentioned in reports as one of the top contributors to Sui trading, offering deeper liquidity, yield strategies, and user interface innovation.
Momentum Finance is another project highlighted. Sources reports that Momentum’s total trading volume on Sui had surpassed $23 billion in a few days. This means certain DEXs on Sui are becoming the go-to hubs for high velocity trading and liquidity.
These top projects determine how SUI DEX volume is split; dominant DEXs get the order flow, attract yield farmers and define the on-chain trading experience for users.
Conclusion
To understand Sui’s achievement, it is noteworthy to compare to other DeFi ecosystems. While Ethereum Layer-2 networks and chains like Solana or Arbitrum have higher absolute volumes and TVL, Sui’s growth rate is impressive.
According to DeFiLlama data, Sui’s 24-hour DEX volume is in line with many mid-tier DeFi chains, despite Sui’s smaller TVL base. That’s strong volume per locked capital.
Additionally, compared to Ethereum’s higher costs and network congestion, Sui’s value prop is trade efficiency. As DEX users look for lower friction, SUI DEX volume is a compelling alternative.
Sui isn’t dethroning the biggest DeFi platforms yet, but its upward trajectory and record volume month puts it among the most promising chains for DeFi adoption.
Glossary
DEX (Decentralized Exchange): A trustless exchange protocol that allows trading without intermediaries, using smart contracts.
TVL (Total Value Locked): The total value of assets in a protocol or network, meaning capital committed.
Liquidity Provider: A user who deposits assets into pools on DEXs to trade and earn fees or yield.
Throughput: The number of transactions a blockchain can process per second.
Ecosystem growth: Projects, users, developers and integrations supporting the network.
Frequently Asked Questions About SUI DEX Volume
Who are the big guns behind all the trading on Sui DEX?
These DEX protocols, Cetus and Momentum, get the mention as the main contributors to most of the action on Sui’s DEX.
How does Sui stack Up against Ethereum or Solana?
Sui has a big advantage of high throughput, super low fees and a rapidly growing user base that gives it a real edge for certain users.
Will this Volume just keep on climbing?
A lot depends on how well the developers keep pushing forward, how much new money comes in, how stable the infrastructure is and how many new DeFi integrations happen on Sui.

