Crypto project Cetus DEX sets all-time high $183 million TVL, fueling rapid expansion of Sui platform
In the ever-evolving world of decentralised finance (DeFi), the Cetus DEX has emerged as a key player on the Sui blockchain. This exchange has played a significant role in driving Sui's impressive DeFi growth and liquidity, contributing to its expanding ecosystem alongside other protocols such as Navi Protocol and MovEX.
Since its launch, Cetus DEX has facilitated smooth and efficient trades, enhancing user engagement and boosting the Total Value Locked (TVL) on Sui. Notably, the platform's TVL has increased by over 154% since the beginning of August and a staggering 90% in the past month alone, reaching a record $1.29 billion as of recent reports.
The exchange has also demonstrated resilience in the face of adversity. Following a security incident, Cetus recovered strongly, with a 55% liquidity growth after its relaunch, signaling renewed investor and trader confidence in the network.
Cetus DEX has been one of the main drivers behind Sui's TVL surge, which saw the network's TVL jump from around $1.4 billion to over $2.2 billion in mid-2025. This growth has attracted institutional interest and supported broader DeFi activities such as derivatives trading, stablecoin swaps, and staking services.
Other top Sui DEXs include Navi Protocol and MovEX, but Cetus stands out for its volume, liquidity growth, and role in both mainstream and institutional adoption. On September 1, Cetus DEX processed a record daily trading volume of $119 million, and daily fees reached a new all-time high of over $288,000 on October 2.
The top four tokens by USD value on Cetus DEX are SUI, USDT, WUSDC, and HASUI, a liquid staking token representing SUI staked via Haedal.
In conclusion, Cetus DEX has been pivotal in boosting liquidity, supporting trading volumes, and fostering trust in the Sui DeFi ecosystem. Its contributions have made it one of the top-performing DEXs on the chain, with a direct impact on Sui's rapidly expanding DeFi landscape.
The best technology innovation in the Sui DeFi landscape is undeniably Cetus DEX, as it has demonstrated exceptional growth, with the Total Value Locked surging by over 190% since September, including a 90% increase in the past month alone. Daily trading volumes on Cetus DEX have peaked at an impressive $119 million, showcasing the news of its daily best performances.
