Close Menu
iCoin MarketiCoin Market
  • News
  • Coins
    • Bitcoin
    • Altcoin
    • Ethereum
    • Stablecoins
  • Blockchain
  • Markets
  • NFTs
  • DeFi
  • Web3
  • Insights
  • Videos
  • More
    • ETF
    • Learn
    • Politics
Trending Now

Can Ethereum Last Long Enough to Realize Buterin’s AI Vision?

February 10, 2026

Polymarket Takes Legal Action Against Massachusetts Over Prediction Market Regulations

February 10, 2026

Binance’s SAFU Fund Reaches 10,455 BTC as $734 Million Investment in Bitcoin Increases

February 10, 2026
Facebook X (Twitter) Reddit Telegram
Facebook X (Twitter) Reddit Telegram
iCoin MarketiCoin Market
 eToro
 Trading View
Login
Live Markets
  • News
  • Coins
    • Bitcoin
    • Altcoin
    • Ethereum
    • Stablecoins
  • Blockchain
  • Markets
  • NFTs
  • DeFi
  • Web3
  • Insights
  • Videos
  • More
    • ETF
    • Learn
    • Politics
Play Games Newsletter
iCoin MarketiCoin Market
Home»Altcoin
Altcoin

SUI Network Receives Major Boost from $100M Success of Astro Perp DEX and Stablecoin Launch

News RoomBy News RoomNovember 13, 2025No Comments5 Mins Read
Facebook Twitter Pinterest Telegram Email Tumblr Reddit LinkedIn
Demo

SUI Network: A Breakthrough in DeFi with Astros’ Perp DEX and USDsui Stablecoin

The SUI Network has been making significant strides in the decentralized finance (DeFi) sector, notably with recent enhancements in its ecosystem. Among the most prominent developments is Astros’ perpetual decentralized exchange (Perp DEX), which made headlines by achieving over $100 million in trading volume within just a week of its launch. Additionally, the introduction of a native stablecoin, USDsui, stands out as a critical development aimed at bolstering SUI’s on-chain economy.

Astros Perp DEX Launches with Robust Trading Volume

In late October, the Astros Perp DEX debuted on the SUI Network, and its reception has been nothing short of remarkable. The platform quickly garnered substantial attention, amassing a cumulative trading volume that exceeded $100 million shortly after going live. This rapid success indicates strong user adoption and validates SUI’s potential within the highly competitive DeFi landscape. To stimulate user engagement and trading activity, Astros implemented the “Ores Lucky Draw,” providing users with chances to win Astros Ores tokens—a key component for future rewards, benefits, and airdrops in the ecosystem.

The booming market for perpetual DEXs has positioned SUI as a strong contender in DeFi, especially as this sector recently peaked at $1 trillion in monthly trading volume. Perp DEXs have become pivotal to the global derivatives market, accounting for over a quarter of it. As Jerry Liu, the founder of Astros, highlights, “Perp DEXs have become the ultimate litmus test for a blockchain’s ability to support real financial infrastructure.” With the performance advantages offered by SUI, Astros is well-equipped to compete at the highest levels of DeFi.

Integration with NAVI Protocol and Major Wallets

Astros is uniquely positioned as the Perp DEX is built natively on the SUI Network, enabling seamless integration with the NAVI Protocol’s lending pool, valued at a staggering $1 billion. This collaboration is crucial as it empowers the Astros platform to redefine the dynamics of decentralized finance, steering away from older iterations characterized by fragmented lending or swapping protocols. The integration allows users to leverage multiple DeFi features within a cohesive environment, enhancing overall user experience.

In addition to its smart architecture, Astros has secured partnerships with major cryptocurrency wallets, including OKX, Binance, KuCoin, and Gate.io. These collaborations are essential for broadening accessibility to users within the SUI ecosystem. Such strategic partnerships not only enhance the user base but also position SUI Network as a comprehensive platform catering to various user needs in the decentralized finance space.

Launch of USDsui: A Game-Changer for Stablecoins

In a recent announcement, the SUI Network introduced its first native stablecoin, USDsui, developed in collaboration with Bridge, a Stripe-backed company. This stablecoin is expected to play a crucial role in supporting SUI’s on-chain economy. By providing a compliant stablecoin for developers and users, USDsui aims to facilitate transactions across various DeFi protocols while addressing the rising demand for stable digital assets.

USDsui is built on Bridge’s Open Issuance platform, which is designed to eliminate the complexities and extended timelines often associated with stablecoin creation. This infrastructure empowers networks like SUI to scale quickly with robust, regulatory-aligned stable assets. As noted by Adeniyi Abiodun, Co-Founder and Chief Product Officer at Mysten Labs, the launch of USDsui connects SUI’s digital assets with global commerce and fintech infrastructure—setting the stage for accelerated economic activity within the network.

Versatility of USDsui in Real-World Applications

The introduction of USDsui is not just significant for the crypto space; its features provide substantial benefits for real-world applications. Being fiat-backed and designed for payments, cross-border remittances, and peer-to-peer transactions, USDsui stands as a versatile financial tool. This versatility positions SUI as a leading player in the next generation of on-chain economic activities, illustrating the potential for an interconnected ecosystem that serves both crypto and traditional finance users.

Bridge CEO Zach Abrams emphasized how Open Issuance enhances scalability by making stablecoin issuance easier and faster than ever. With this strategic launch, SUI Network is shaping up to be a formidable presence in the evolving landscape of digital currencies, especially considering that it recorded approximately $2.6 billion in Total Value Locked (TVL) and a staggering $412 billion in stablecoin transaction volume between August and September 2025.

The Future of SUI Network: A Vision for Growth and Innovation

The recent developments surrounding SUI Network, particularly with the launch of Astros’ Perp DEX and the USDsui stablecoin, demonstrate a commitment to innovation and growth within the DeFi sector. As digital finance continues to evolve, SUI is positioned to play a pivotal role in shaping the landscape. With a focus on user engagement, strategic partnerships, and robust infrastructure, SUI will continue to attract attention from developers and users seeking a reliable and versatile platform for their financial needs.

By integrating strong financial infrastructure with a commitment to broad accessibility, the SUI Network is charting a course toward becoming a leading force in the decentralized finance space. As the network continues to expand and innovate, it is likely to gain a significant share of the market, contributing to the overall growth of DeFi and providing substantial value to its users.

In conclusion, the SUI Network is on an upward trajectory fueled by significant advancements such as Astros’ Perp DEX and the launch of USDsui. With robust trading volumes, innovative features, and wide-ranging partnerships, SUI is well-positioned to redefine decentralized finance and deliver substantial benefits to its community. As we move further into the future of finance, SUI is poised to make an indelible mark in the world of digital assets.

Demo
Share. Facebook Twitter Pinterest LinkedIn Email Telegram WhatsApp

Related News

Ripple Expands Custody Services to Include Ethereum and Solana Staking

Altcoin February 9, 2026

TRX Price Rises as Tron’s Treasury Initiative Receives Support from Justin Sun

Altcoin February 9, 2026

Why is the Crypto Market Rising Today (February 9)?

Altcoin February 9, 2026

Why Is the Price of Pi Coin Rising Today? Key Reasons Explained

Altcoin February 7, 2026

Is Pi Coin Going to be Listed on Kraken? U.S. Exchange Includes Pi Network in 2026 Roadmap

Altcoin February 6, 2026

Bitmine’s ETH Position Loses Billions as Ethereum Struggles to Maintain $2,000

Altcoin February 5, 2026

How Jeffrey Epstein Influenced Bitcoin and the Early Development of Cryptocurrency

Altcoin February 4, 2026

Bank of America (BofA) Discloses Investments in This XRP ETF

Altcoin February 4, 2026

XRP’s DeFi Utility Grows as Flare Launches Modular Lending for XRP

Altcoin February 3, 2026
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Polymarket Takes Legal Action Against Massachusetts Over Prediction Market Regulations

February 10, 2026

Binance’s SAFU Fund Reaches 10,455 BTC as $734 Million Investment in Bitcoin Increases

February 10, 2026

Bessent Criticizes Coinbase CEO, Urges Compromise in Today’s White House Meeting

February 10, 2026

Is SyrupUSDC’s Expansion a Sign of Evolution in DeFi’s Credit Market?

February 10, 2026

Latest Articles

Why Bitcoin is Experiencing a Liquidity Squeeze Following Japan’s Policy Change

February 10, 2026

Polymarket Odds Recover as Bitcoin Stabilizes Around $70K Following Volatility

February 10, 2026

The Daily: Bernstein Maintains $150K Price Target, Describes ‘Weakest Bitcoin Bear Case in History’; Strategy Acquires Additional 1,142 BTC, and More

February 10, 2026

Subscribe to News

Get the latest news and updates directly to your inbox.

Your source for the serious news. This demo is crafted specifically to exhibit the use of the theme as a news site. Visit our main page for more demos.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook X (Twitter) Reddit Telegram
2026 © iCoin Market. All Right Reserved.
  • Privacy Policy
  • Terms
  • Advertise
  • Contact

Type above and press Enter to search. Press Esc to cancel.

Sign In or Register

Welcome Back!

Login to your account below.

Lost password?