SUI DEX Volume Surges 28.91% as Token Price Drops 10.41%

SUI experienced a notable surge in decentralized exchange (DEX) trading volume on August 1, 2025, with a 24-hour volume of $2.19 billion, marking a 28.91% increase compared to the prior day [1]. This figure is part of a larger trend, as SUI’s DEX volume has grown by 890% year-over-year, rising from $43.65 million on August 1, 2024, to $388.52 million in the same period of 2025 [1]. Despite the increased activity, the SUI token price fell by 10.41% within 24 hours to $3.50, dragging down its market cap to $12.12 billion, while the unlocked market cap stood at $12.34 billion [1].

The weekly DEX volume saw a slight decline of 1.03%, but the 30-day cumulative volume reached $14.036 billion, highlighting the sustained momentum in the SUI ecosystem [1]. Analysts have noted that the divergence between price and volume is not uncommon in high-liquidity markets. While the price movement indicated selling pressure, the elevated trading volume suggests strong participation and confidence among market actors [1].

This pattern of increased trading volume amid price declines has continued throughout the year. Daily DEX volume has consistently exceeded historical averages, even as the token price fluctuated. The data indicates that user activity and liquidity remain robust, despite bearish price movements observed on August 1 [1].

The SUI ecosystem demonstrates a clear trend of growing engagement, with users increasingly favoring decentralized trading platforms. This shift suggests that the SUI protocol is becoming a more integral part of the broader DeFi landscape. However, the recent price decline reflects the volatility inherent in crypto markets, where high trading volumes do not always translate into immediate price appreciation [1].

Source: [1] SUI Sees $2.19B in Daily Trading as Price Falls and DEX Volume Hits Yearly Peak (https://cryptonewsland.com/sui-sees-2-19b-in-daily-trading-as-price-falls-and-dex-volume-hits-yearly-peak/)