Suiet wallet to shut down in latest exit from Sui ecosystem

Bearish-15.35%

11 Nov, 23:18

Source: Cointelegraph

AI Summary

The shutdown of the Suiet wallet and a 22% drop in Sui's DeFi TVL over the past month signal weakening ecosystem confidence and capital outflows for the Sui network.

Suiet wallet to shut down in latest exit from Sui ecosystem

The self-custodial wallet will keep its API services running through Nov. 14. Sui’s DeFi total value locked has fallen more than 22% over the past month.