Sui weekly DEX volume more than triples to $540 million Decentralized exchanges on @SuiNetwork processed $540.77 million over the past seven days, up 258% week over week per DefiLlama data, including $37.3 million in the past 24 hours. Perps volume added $257.6 million and is up 49% for the week. The jump comes amid the broad market rally, with sui:native near $0.78 and chain DeFi TVL at $465 million.

Sui Co-Founder Kostas Kryptos Unveils Regulated Exchange Havenex as Series A Nears Close Sui co-founder Kostas Kryptos said Havenex is currently raising a Series A round that is close to completion and has already applied for the licenses required for its planned operations. The platform is being built as regulated infrastructure for financial institutions to offer both digital and traditional financial assets, with a focus on verifiable custody, continuous proof of solvency, multisig security, quantum-resistant keys, hardware-based two-factor authentication, and self-custody and key-loss protection mechanisms. Havenex plans to use Sui technology where appropriate while also integrating assets, infrastructure and bridges from other ecosystems. Kostas said he will advise Havenex but will remain focused on Mysten Labs and Sui.

Sui Token Buybacks are approaching the million mark... @SuiNetwork Foundation continues its buyback program in the market daily. On 24th August, the foundation bought 7,600 $SUI on the open market, bringing the week's total to about 57,500 tokens. The total YTD number of tokens now exceeds 516.8K as the company uses on-chain stablecoin yield to stabilize the network. The platform has now bought back over $600K worth of $SUI.

Sui Network processed 8.55 million transactions in a single day. @SuiNetwork processed roughly 8.547 million txns on August 22nd, marking the network's most active day in at least three months, per @chainspect_app's dashboard. Despite @phantom rolling back support for the network, $SUI still holds some seriously impressive fundamentals, including TVL of more than $470 million and a stablecoin supply of more than $416 million.

Sui skips consensus entirely for transactions that only one person can touch Most chains put every transaction through the same pipeline: validators agree on a global order first, then execute. @SuiNetwork stores everything as objects, each owned by a single address, shared, or immutable, and that label decides the route. A transaction touching only your own objects has nothing to race against, so it skips the ordering step entirely, which Sui's docs say is why those transactions finalize with lower latency and sui:native gas. Shared objects, like a DEX pool anyone can trade against, still go through consensus, and a heavily used one becomes a queue. Sui's guidance runs accordingly: single-writer, latency-sensitive designs lean on owned objects, while anything multi-party pays the sequencing cost.

Sui Network Hits 3-Month High in Transactions @SuiNetwork handled over 8.5 million transactions in just 24 hours, setting a new three-month high in transaction volume. The network has been validated to process this transaction volume while maintaining the under-one-second finality needed by high-concurrency DApps. Per ChainSpect, the surge was observed last Saturday.

Sui Network's ecosystem is thriving in this cycle Sui's (@SuiNetwork) TVL has increased by 9.4% in the last 30 days to $459.5 million. However, year-on-year, TVL is 77.4% lower than it was last year. Applications built on Sui are earning daily fees of $142,625, more than 36 times the fees earned by the base layer itself. This shows that most economic activity happens on the application layer rather than on the blockchain itself. Right now, the $SUI token is priced at $0.8, up 11%in the past 24 hours.

Sui Hashi Testnet is performing way beyond expectations @SuiNetwork reports having processed more than 1.1M $BTC deposits and 165K withdrawals on its Hashi testnet in just 21 days since it went live. Over 25 institutional participants have started stress testing the system, which currently accounts for over 50% of $BTC Signet transactions over the past 14 days.

Sui has already started shipping post-quantum code into its fastcrypto library. The migration to quantum-safe cryptography may happen much sooner than originally expected, there is external pressure 🤷‍♂️

Sui just went live on Hadron by @Tether. Sub-400ms finality. Object-centric architecture built for real asset logic. Now the rails institutions use to issue tokenized equities, bonds and commodities compliantly, are available at scale, on @SuiNetwork.