The broader SUI crypto ecosystem is entering a new phase of growth with stablecoin innovation, institutional products, and increased on-chain trading activity.
What does the new USDsui stablecoin bring to the Sui ecosystem?
Sui Network already hosts several stablecoins including Native. USDC Published by Circle, $SuiUSDe In partnership with Ethena, $YLDS From the figure, and $USDi It is backed by BUIDL, BlackRock9’s tokenized money market fund. But the ecosystem is now acquiring another unique asset. $USD Suipublished by Bridge.
Bridge was acquired stripe The company, whose deal closed earlier this year and closed in mid-October, is already active on platforms such as Phantom, Hyperliquid and MetaMask.
Additionally, this presence enables interoperability of $USDsui with the entire Bridge9 proprietary ecosystem and other Bridge-powered stablecoins. USDsui is officially issued by Stablecoin, a Stripe company.
How are Grayscale and ETFs increasing institutional exposure to Sui?
of Grayscale Sui Trust (Ticker: GSUI) began trading on the OTCQX on November 20, 2025, marking an important step for public market access. Over-the-counter (OTC) trading refers to private, direct trading between two parties, typically facilitated by an OTC desk. These desks match buyers and sellers and negotiate a single fixed price, bypassing public purchase orders.
Grayscale, a leading digital asset investment platform, had been offering Sui Trust to qualified accredited investors through a private placement since August 2024.
That said, the product has moved from private placement to the public market. Separately, 21 stocks Two ETFs 6 have been filed, the FTSE Crypto 10 Index and the FTSE Crypto 10 ex-BTC Index 6, both of which include SUI, expanding the possibility of US access to the tokens.
These SUI ETFs Submitted documents Provides U.S. investors with diversified exposure to SUI within a broader cryptocurrency index strategy. Moreover, they strengthen the growth story. Sui’s institutional adoption This is because assets begin to be incorporated into regulated products.
Which DEX is leading derivatives activity on Sui?
Several perpetual derivatives platforms are operational on Sui and form an important part of the growing trade. SUI Ecosystem DEX landscape. Zo is a persistent protocol that uses AI-driven agents to help with trading, risk automation, and on-chain position management. This AI focus is aimed at improving execution and risk monitoring for advanced traders.
Astros operates as a perpetual futures DEX and aggregator. navigation protocolwhich integrates liquidity and financing to enable purpurs trading. In addition, Aftermath Finance operates an on-chain order book perpetual trading platform, providing on-chain trade matching and settlement for users who prefer a transparent order book.
blue finis the largest Perps platform on Sui, offering perpetual futures, spot trading, and lending with sub-second settlement and a centralized exchange-like experience. FlowX Finance, on the other hand, is a decentralized derivatives platform that offers on-chain PERP futures at high speeds and low fees while maintaining self-custody for traders.
Overall, these venues are Suipap exchange and associated liquidity.
How fast is on-chain transactions growing across coins in the Sui ecosystem?
Ecosystem indicators highlight accelerating activity for Sui-based assets. There is approximately 1,300 BTC deployed in the Suilend market, with an estimate of approximately 1,300 BTC. $110 million using BTC price $84,000. In addition, the cumulative trading volume of BTC on Sui is $3.2 billionthe daily peak is on $22 millionhighlighting key derivatives and spot demand.
Multiple BTC variants are in circulation across DeFi protocols on Sui for lending, restaking, and yield strategies. This activity supports the growing base. Sui trading volume This shows increasing sophistication among protocol designers and liquidity providers.
What role will tokenized assets and RWA play in Sui’s institutional adoption?
Institutional and tokenized products are increasingly being deployed on Sui, adding depth to a broader range of services. Sui Ecosystem Project landscape. franklin templeton and Libre used Sui infrastructure to deploy live tokenized products and real-world asset (RWA) offerings. Additionally, these efforts demonstrate that traditional financial players are willing to experiment with Sui as a base layer.
In Europe, Van Eck has issued a Collateralized SUI Exchange Traded Note (ETN) backed by custodial SUI tokens. In the United States, canary SUI ETF has been filed and added to the list of potential regulated products. Taken together, these steps demonstrate a steady maturation of the institutional pipeline for exposure to Sui.
Tokenized gold was also launched with Sui. $XUm Powered by Matrixdock and backed by 99.99% gold held in an audited vault.
Furthermore, XAUm is included among the assets held in the treasury of Sui Foundation9 and integrated into the DeFi ecosystem. This growth is Sui tokenized assets It shows how RWA and products are bridged to on-chain markets.
How will these developments position the SUI ecosystem in 2025 and beyond?
Recent developments have combined to form a more complete market structure around Sui. The launch of USDsui, the public trading of Grayscale Sui Trust on OTCQX, and multiple ETF filings including SUI all strengthen the institutional channel.
At the same time, the expansion of on-chain perpetual DEX and BTC-based liquidity is deepening the derivatives and lending market.
Additionally, the rise of tokenized gold, RWA, and Franklin Templeton’s tokenization efforts on Sui signals growing confidence from existing financial players.
RWA-focused platforms such as Matrixdock and European issuers such as VanEck provide further credibility. Overall, the Sui ecosystem looks poised for continued growth across DeFi, institutional products, and tokenized assets.
