Sui’s Decentralized Exchange Activity Soars as Dex Volume Breaks Records

Sui has set a new benchmark for decentralized exchange (DEX) activity in Q1 2025, as its average daily volume surged to an all-time high of $304.3 million, according to Messari’s latest report. The surge in DEX activity was driven by major players like Cetus and Bluefin, which contributed over $239.5 million in daily volume, while smaller platforms played a role in diversifying liquidity sources.