Sushi - Down 62.25% in 1 Year Amid Ecosystem Developments

On NOV 1 2025, SUSHI dropped by 0.48% within 24 hours to reach $0.5132, SUSHI dropped by 5.66% within 7 days, rose by 5.02% within 1 month, and dropped by 62.25% within 1 year.

The Sui Network has emerged as a key focus for blockchain and decentralized finance (DeFi) activity in 2025. The network has seen a surge in DeFi total value locked (TVL), reaching over $2 billion, with 700,000 daily active users and 5.5 million daily transactions. Analysts from Brave New Coin project an upward trend for SUI, with potential targets of $7.70–$11.20 if bullish sentiment continues. CoinPedia also forecasts SUI could reach $3.42 by the end of October 2025.

A major development in the Sui ecosystem is the launch of HyperSui, a new perpetual decentralized exchange (DEX). HyperSui, which has raised over $2 million in just two weeks, is positioned as the first comprehensive perpetual DEX on the Sui blockchain. The platform is leveraging advanced liquidity structures and automated market maker (AMM) trading to attract institutional and retail investors. This innovation is expected to drive DeFi TVL on Sui toward $3 billion by the end of 2025.

Perpetual DEXs are gaining traction in the DeFi space due to their ability to provide continuous trading, advanced leverage options, and institutional-grade liquidity. These features have enabled perpetual DEXs to outperform traditional exchanges in terms of user engagement and trade volume. The rise of perpetual DEXs is seen as a key driver of DeFi TVL growth, particularly on high-performance blockchains like Sui.

HyperSui’s presale is currently open, allowing early investors to participate via major blockchains such as Sui, BNB Chain, Ethereum, and Solana. The token price is currently $0.00331, with a projected listing price of $0.09. The presale is compatible with leading wallets such as Coinbase Wallet, Rainbow, OKX, Trust, and MetaMask. The project’s ability to raise significant capital in a short timeframe highlights its potential to reshape decentralized trading on Sui.

The broader market context for SUSHI remains challenging. Despite Sui’s growth in DeFi activity and TVL, SUSHI has seen a sharp decline in price over the past year, dropping 62.25%. This underperformance contrasts with the projected price targets for SUI, indicating a disconnect between the network’s growth and the token’s valuation. Analysts remain cautious, noting that the DeFi sector is still in a consolidating phase, with token prices often lagging behind network metrics.