• SUI increased DEX volume by 890 percent YoY, with an increase of 388.52M to 43.65M in August 2024 and August 2025, respectively.

  • However, due to the heightened activity, the token price of SUI decreased by 10.41 percent in one day, reaching a value of $3.50, which affected its market cap.

  • DEX volume declined 1.03% weekly, but cumulative volume over the past 30 days of record-keeping stands well, at $14.036B.

The decentralized exchange (DEX) volume of SUI has increased tremendously in the past year, with its current daily volume of $388.52 million. This amount indicates an increase of 890% compared to $43.65 million on this day in 2024. The hype underscores a direct and consistent increase in the trafficking in SUI ecosystem despite temporary fluctuations in prices and market capitalization.

As of August 1, 2025, the platform recorded a 24-hour volume of trade worth 2.19 billion, representing an increase of 28.91% when compared to the previous day. Nonetheless, this rise in trading was also accompanied by a market-wide decline where the price of the SUI token fell by 10.41% to 3.50.

SUI Market Cap Slides Despite Higher Trading Activity

The current market cap for SUI is $12.12 billion, reflecting a 10.41% decrease over the past 24 hours. The unlocked market cap remains slightly higher at $12.34 billion. This decrease is similar to that of the token price, which also declined by 10.41% over the same duration.

Source: CoinMarketCap

Although the direction of the price movement shows an active selling pressure, the global trading volume has still been increasing, suggesting that market liquidity is still high. The market cap growth unfairly contrasts with the volume growth as market participants moved their tokens, despite price performance. These opposing metrics form part of a broader pattern tracked throughout the year.

Weekly DEX Volume Remains Strong Despite Slight Dip

The 30-day cumulative DEX volume for SUI currently totals $14.036 billion. Though this portrays a robust monthly movement, the weekly change indicates a decrease of 1.03%. Although there is a slight decline, the wider picture shows that participation has been increasing steadily over the last year.

https://twitter.com/kyle_chasse/status/1951163395623014904

Volume figures from early August 2024 show that daily activity stood at $43.65 million. In contrast, current daily DEX volume is nearly nine times higher, supporting the long-term growth trend observed in recent months. Activity has fluctuated week to week but continues to average above historical baselines.

Price Decline Contrasts With Rising DEX Usage

While DEX usage has expanded significantly, price movement on August 1 revealed downward momentum. The 10.41% decline pushed SUI to $3.50, reversing recent gains. However, volume trends suggest that increased user transactions continue to drive activity across the protocol.

The consistent rise in DEX volume, despite temporary price weakness, aligns with broader engagement metrics observed across SUI’s trading ecosystem. DEX activity remains elevated even when market conditions turn bearish.