The SUI Network is gaining traction thanks to recent developments in its ecosystem. This includes the success of Astros’ Perp DEX, which surpassed $100 million in trading volume a week after going live. The project also announced a native stablecoin called USDsui.
Astros Perp DEX Hits Over $100 Million in Trading Volume
In late October, Astros launched its perpetual DEX on the SUI Network. Within days, the cumulative trading volume of its platform surpassed $100 million. This would indicate strong user adoption.
To encourage participation, Astros implemented the “Ores Lucky Draw” every day, based on users’ trading activity. These Astros Ores tokens are one of the main components in rewarding users within the platform. They serve as a ticket for future ecosystem benefits and airdrops.
With Astros’ launch, SUI is competing in DeFi’s most lucrative domain. That sector recently hit $1 trillion in monthly trading volume like Aster saw incredible growth. Perp DEXs make up more than a quarter of the global derivatives market.
“Perp DEXs have become the ultimate litmus test for a blockchain’s ability to support real financial infrastructure,” said Jerry Liu, founder of Astros. “Sui’s performance advantage gives us the foundation to compete at the highest level.”
Built natively on SUI Network, Astros enjoys direct integration with NAVI Protocol’s lending pool worth US$1 billion. According to Liu, the Astros Perp DEX is changing DeFi’s trajectory. Unlike earlier iterations of decentralized finance that operated through isolated lending or swapping protocols,
Major crypto wallets have already partnered with the Astros team, including OKX, Binance, KuCoin, and Gate.io, for broad accessibility to users in the SUI ecosystem.
SUI Network Launches Native Stablecoin, USDsui
In a blog post published earlier, SUI Network announced the release of its first native stablecoin, USDsui. It was developed in collaboration with Bridge, the company which Stripe backs. USDsui will be important for Sui’s on-chain economy. It would offer a compliant stablecoin to developers and users integrated throughout DeFi protocols.
Sui unveils USDsui, a native stablecoin issued by @Stablecoin, a @Stripe company.
Fiat-backed, GENIUS-ready, and yield-sharing – USDsui anchors the Sui economy, powering payments, DeFi, and real-world use cases across the network. pic.twitter.com/ehI7txlODL
— Sui (@SuiNetwork) November 12, 2025
Built on Bridge’s Open Issuance platform, USDsui benefits from enterprise-grade infrastructure. It is designed for payments, cross-border remittances, and peer-to-peer transactions.
“With this launch, Sui’s digital assets are connected with global commerce and fintech rails, making Sui a leading player for the next phase of on-chain economic activity,” said Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs.
Bridge CEO Zach Abrams added that Open Issuance “removes the complexity and long timelines associated with stablecoin creation.” It would let networks such as Sui scale rapidly with robust, regulatory-aligned stable assets. The platform joins Hyperliquid, which also launched its own stablecoin in September.
Between August and September 2025 alone, the network processed approximately $2.6 billion in TVL and $412 billion in stablecoin transaction volume. The platform has become one of the most active ecosystems for digital asset settlement.