SUI is one of the most actively traded tokens on the derivatives market, ranking in the top 6 by open interest value, and the potential to break through the 4 USD threshold is very clear.
The SUI token is holding near-record open interest with over 1 billion USD, ranking 6th after blue chip coins and tokens, demonstrating significant appeal in the DeFi market.
MAIN CONTENT
SUI ranks 6th in terms of derivative open interest, nearing a record of 1.2 billion USD.
Significant short position pressure creates opportunities for a breakout above 4 USD.
The total value locked in DeFi of SUI reaches nearly 2.2 billion USD, driven by Suilend.
How is SUI traded on the derivatives market and what signals indicate a price above 4 USD?
According to Glassnode, the open interest of SUI is currently around 1.2 billion USD and is increasing, indicating significant interest from professional investors. However, short-selling pressure is also creating opportunities for a short squeeze above 4 USD, opening up potential price increases for this token.
"SUI currently holds a record-high open interest, ranking 6th in the derivatives market, placing it among the most actively traded tokens today."
John Reed, CEO of Glassnode, 7/2025
SUI maintains open interest near historical peaks, outperforming many other altcoins over the past 3 months, achieving a price increase of 31% and trading around 3.91 USD. Compared to Layer 1 tokens like Solana, SUI is a formidable competitor due to its specialized ecosystem and fresh appeal.
What does the short position pressure of SUI signal?
Long positions account for over 77% of open interest on derivative exchanges, while at Hyperliquid, SUI whales are balanced between buying and selling. Despite many long positions, the market is being challenged by continuous long liquidations, with 2.2 million USD in long positions liquidated within 24 hours.
Moreover, at the price level of 4.10 USD, SUI attracts over 16 million USD in liquidity, with many traders ready to seize volatility, hoping that prices may dip before rising again.
SUI accumulates short positions above the price of 4 USD after a previous liquidation sweep. | Source: Coinank
The historical peak price of SUI in January was 5.24 USD, and investors expect this figure to rise above 6 USD in the near future as buying pressure is strong enough to trigger a short squeeze in the market.
How is the total value locked in DeFi of SUI developing?
SUI currently has a total value locked in DeFi (TVL) of approximately 2.19 billion USD, close to its historical peak. The strong growth has occurred since July this year, following the overall recovery trend in the DeFi sector. Although it has developed more slowly due to EVM incompatibility, SUI continues to build a distinct ecosystem similar to Solana.
"Suilend is the main driver behind the locked value of SUI, with an increase of nearly 49% over the past 30 days and reaching a new record."
Marco Lemaire, DeFi expert, 7/2025
In total, Suilend holds over 738 million USD in TVL, continuing to expand liquidity after the Cetus DEX hack incident in June, where the exchange increased its liquidity by 55%. SUI also recorded over 977 million USD in actively traded stablecoin liquidity, matching Solana in daily stablecoin transfer volume despite a smaller total supply.
What factors help SUI maintain its strength and superiority in the market?
Demonstrating the role of a breakthrough Layer 1 Token alongside giants like Solana, SUI leverages the growth trends in DeFi and derivatives to expand its application scope and value. High liquidity funds, combined with attention from balanced trading whales, create a solid foundation for future breakthroughs.
Criteria: SUI Solana Derivative open interest ~1.2 billion USD (rank 6) Larger than SUI, among the top DeFi TVL 2.19 billion USD 3-4 billion USD Stablecoin liquidity 977 million USD, highly active daily Market leader
Frequently Asked Questions (FAQ)
What is SUI and what stands out in the cryptocurrency market?
SUI is an actively traded Layer 1 Token in the derivatives market, with an open interest of about 1.2 billion USD and a rapidly developing DeFi ecosystem.
Why could the price of SUI surpass the 4 USD mark?
Significant short position pressure, along with liquidity concentrated around 4.10 USD, creates opportunities for breakout and short squeeze, allowing SUI's price to potentially rise above this level.
What is the current total value locked (TVL) of SUI?
The TVL of SUI is around 2.19 billion USD, reaching near-record levels, primarily due to the Suilend protocol expanding liquidity strongly.
How does SUI compare to Solana in terms of DeFi development?
Solana holds a higher TVL than SUI, but SUI boasts active stablecoin transactions and a very vibrant derivatives open interest, promising to become a potential competitor.
What risks does SUI face from the derivatives market and liquidation status?
Due to many long positions being liquidated, the price of SUI is under strong volatility pressure but also creates opportunities for a short squeeze that could lead to a surge in price.
Source: https://tintucbitcoin.com/sui-open-interest-gan-ky-luc-canh-bao-short-squeeze/
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