Suiet wallet shuts down as Sui ecosystem activity cools
Suiet, a self-custodial wallet on the Sui blockchain, is ending development and shutting down, with API support remaining active only through November 14.
Suiet, a self-custodial wallet built for the Sui blockchain, has announced it is sunsetting operations and halting all product development and maintenance. The team announced that its API services will be maintained through November 14, 2026, to allow users time to migrate to alternative wallets. Suiet confirmed it has no mobile applications and that its extension will soon be removed from the Chrome Web Store, urging all users to secure their recovery phrases immediately to preserve access to their assets.[2][7][1]
The closure marks the latest wallet exit from the network, following Suiball's shutdown on November 10 and Phantom ending Sui support in September, according to a report by Cointelegraph cited by BSCN. Reports linked the departure to cooling decentralized finance activity across the Sui ecosystem.[6][4][5]
Sui's DeFi total value locked has decreased by more than 22% over the past month to approximately $413 million. Furthermore, daily active users dropped 79% year over year to 128,000 in October, though the network still logged 324 million monthly transactions, up from 101 million the previous November.[3][4][6]
Key facts
- Suiet is sunsetting its self-custodial wallet on the Sui blockchain and ending all development and maintenance.
- Suiet's API services will be maintained through November 14, 2026, and its Chrome Web Store extension will be removed.
- Users are advised to back up their recovery seed phrases immediately and migrate their accounts to another Sui wallet.
- Suiet's exit follows the shutdown of Suiball on November 10 and Phantom discontinuing Sui support in September.
- Sui's DeFi total value locked dropped more than 22% over the past month to roughly $413 million.
- Sui's daily active users dropped 79% year over year to 128,000 in October, while network transactions rose to 324 million from 101 million in November 2025.
Sources · 6 sources
- TW
The Wolf Of All Streets@scottmelkerPost on X ·
SUIET, A WALLET ON SUI $SUI, ENDS SUPPORT AFTER NOVEMBER 14, AND SUI TELLS USERS TO BACK UP THEIR RECOVERY PHRASES NOW https://t.co/NEBd5MvTVE
Open source - DN
DEGEN NEWS@DegenerateNewsPost on X ·
NEW: @SuiNetwork WALLET @suiet_wallet IS SHUTTING DOWN, WITH API SUPPORT ENDING AFTER NOVEMBER 14 AND ITS CHROME EXTENSION SET TO BE REMOVED USERS ARE URGED TO BACK UP THEIR RECOVERY PHRASES AND MOVE TO ANOTHER SUI WALLET https://t.co/sdU5sZI3K3
Open source - CO
Cointelegraph@CointelegraphPost on X ·
⚡ UPDATE: Suiet, a self-custodial wallet for the Sui blockchain, will shut down with API services set to end after Nov. 14, as Sui’s DeFi TVL drops over 22% in a month. https://t.co/bbvlBPn30w
Open source - CT
Coin TelegraphArticle ·
Suiet wallet to shut down in latest exit from Sui ecosystem The self-custodial wallet will keep its API services running through Nov. 14. Sui’s DeFi total value locked has fallen more than 22% over the past month.
Open source - CB
Crypto BriefingArticle ·
Suiet wallet to shut down as Sui DeFi activity cools The shutdown of Suiet wallet amid declining Sui DeFi activity highlights potential instability and user migration challenges within the ecosystem. The post Suiet wallet to shut down as Sui DeFi activity cools appeared first on Crypto Briefing .
Open source - BS
BSCN@BSCNewsPost on X ·
Sui Ecosystem Loses Yet Another Wallet... Suiet (@suiet_wallet), a self-custodial wallet built for Sui (@SuiNetwork) $SUI, is shutting down. The wallet will stop receiving updates and support, while its API services end after November 14. Suiet’s closure follows Suiball’s (@suiballO) shutdown on November 10, while Phantom (@phantom) ended Sui support in September. Worth noting, Sui's TVL has fallen more than 22% in a month to roughly $413 million. Daily active users also dropped 79% year over year to 128,000 in October. However, Sui recorded 324 million transactions in October, up from 101 million last November. Source: Cointelegraph
Open source - BS
BSCN@BSCNewsPost on X ·
The Clock Is Ticking for Suiet Wallet Users on Sui Popular wallet solution for the @SuiNetwork ecosystem, Suiet (@suiet_wallet), discontinues its activities. Core API services will stop working permanently after November 14. The developers plan to delete their browser extension from the Chrome Web Store. Once this is done, users will no longer be able to work with dApps using the application. Suiet encourages all users to secure their recovery seed phrases immediately and migrate their private keys to other $SUI wallets.
Open source