Suiet Ends Wallet Development, API Support Runs Through November 14
Suiet is retiring its Sui wallet and urges users to restore access through supported software before API services end after November 14.
Key Notes
- Suiet will maintain its API services through November 14 before discontinuing them.
- Assets remain on the Sui blockchain and wallet users should verify restored access before deleting Suiet.
- Falling active-user numbers coexist with higher transaction counts while the team has not stated why it is closing.
Suiet is ending development and maintenance of its self-custodial Sui wallet, with API services maintained through November 14, 2026. Users have been asked to prepare another way to access their accounts before those services are discontinued.
The team’s shutdown notice gives no reason for the decision. It arrives alongside other wallet departures and weaker user metrics on Sui, although transaction counts have increased.
What Changes for Wallet Users
The closure will not move or delete assets held on the Sui blockchain. Once the APIs go offline, however, Suiet may no longer reliably display balances, send transactions, or connect to applications.
The team asks users to back up every account, restore access through a compatible wallet, and verify the address and assets before uninstalling Suiet or clearing its data. Separately imported accounts may need separate backups.
Recovery information should stay private and be used only inside a verified wallet application. Importing an existing account restores access without transferring the underlying assets. Moving assets to a new address is a separate onchain transaction.
Sui Activity Shows a Mixed Picture
Cointelegraph reported that Sui’s DeFi total value locked stood near $413 million on November 11, down more than 22% over a month, citing DefiLlama. That is a dated dollar-value snapshot, rather than a count of wallet customers.
The report also cited Token Terminal data showing approximately 128,000 average daily active users in October, compared with 601,000 in November 2025. That represents a decline of roughly 79% between the two months.
Transaction counts moved in the opposite direction: October recorded 324 million transactions, against 101 million in November 2025. Higher transaction counts can coexist with fewer active users, so the figures do not describe a uniform decline in every measure of network activity.
Other Wallet Exits and Network Disruptions
Phantom’s support guidance confirms that it ended Sui support on September 24. It says assets remain accessible through compatible software using the same recovery credentials, illustrating the difference between wallet-interface support and ownership of onchain holdings. Phantom also warns that it will never approach users first to request recovery phrases or offer to migrate funds, and that unexpected offers of such help are scams.
Hardware-wallet project Suiball has also announced its closure and promised pre-order refunds in USDC. The project said it had reached manufacturing and was preparing its first shipments. It plans to close once refunds have been completed. That is a separate product exit, not a statement that the Sui blockchain is shutting down.
Cointelegraph counted four Sui outages in 2026, totaling about 22 hours. The Sui Foundation’s May incident report documents three disruptions tied to software bugs and says no user funds were at risk during those incidents. Suiet’s announcement does not attribute its closure to those outages.
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