CROWDFUNDINSIDER · 2026-11-13 13:10 UTC

DeFi Activity Declines as Suiet Wallet Exits Sui Ecosystem

Suiet, a browser-based self-custodial wallet for the Sui blockchain, will end development and maintenance, with its API services running through November 14, 2026. After that date the interface may fail to display balances, broadcast transactions, or connect to dApps; assets stay on the Sui network and users are told to migrate using recovery phrases or private keys. The article ties the exit to falling Sui activity: DeFi TVL down over 22% in a month to about $413 million, and daily active users down nearly 79% from November 2025 to October 2026, with Suiball and Phantom also withdrawing.

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