Suiet Wallet to Close as Sui DeFi Activity Declines
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Suiet is ending its self-custodial wallet service, while its API infrastructure will remain available until Nov. 14.
Suiet is shutting down its self-custodial crypto wallet, marking another service departure from the Sui ecosystem.
The wallet provider said its API services will continue operating through Nov. 14, providing a limited transition period for remaining integrations and users.
The closure comes as decentralized finance activity on Sui has weakened. The network’s total value locked in DeFi protocols has dropped by more than 22% over the past month.
Source: Cointelegraph
