Cetus Rolls Out WalletConnect as Sui’s DEX Trading Volume Surges to $26B
Cetus integrated WalletConnect on Thursday, a move that lowers the friction for desktop and mobile users to access swaps and liquidity on Sui. In another major development, Momentum DEX said its cumulative trading volume crossed $26 billion, adding another marker to Sui’s on-chain activity.
- WalletConnect Arrives on Cetus, Lowering the Sign-In Barrier
- Momentum DEX Clears $26B in Cumulative Volume
- The Market Context, Sui’s DPoS, and Why Access Plus Liquidity Matters for Investors
- Risk, Recovery, and Resilience on Sui’s Leading Venues
- Data Snapshot and Where the Flows Are Going
- Checklist for Investors and Traders
- Conclusion
- Frequently Asked Questions about Sui DeFi
- How does WalletConnect change the Cetus user flow?
- Why is Momentum’s $26B cumulative volume a meaningful threshold?
- Where does Sui’s DPoS come into this story?
- Did Cetus fully recover from its exploit earlier this year?
- What metrics should I monitor next week?
Sui, which relies on staked validators and delegators to secure the network using the Delegated Proof of Stake (DPoS) consensus mechanism, runs these updates during an active phase for both infrastructure and trading.
The combined angle is simple, yet investable: easier access plus visible volume can reinforce the same feedback loop that draws users, market makers, and developers.
WalletConnect Arrives on Cetus, Lowering the Sign-In Barrier
Cetus’s WalletConnect integration gives users a familiar, multi-wallet connection path across mobile and desktop. WalletConnect is widely adopted across web3, advertising tens of millions of unique active wallets and integrations with tens of thousands of apps.
For Sui-based traders, that abstraction matters. It reduces the cognitive burden of picking a single wallet, cuts down first-run friction, and makes session handoffs between phone and laptop routine. In practice, that can convert one-time visitors into recurring liquidity.
Cetus pitches itself as a liquidity hub on Sui, aiming to simplify trading while pooling deep liquidity for pairs like SUI-USDC. The protocol’s public materials highlight scale and a focus on order-flow tools. Adding WalletConnect meets a mainstream expectation for dApp sign-in and strengthens the first touchpoint in any trading session. The step is not flashy, but it is how daily active users and retention quietly improve.
The timing also helps the broader Sui story. DEX activity on Sui has set new highs this month, even as crypto rotated through bouts of volatility. A smoother connection flow on a leading DEX can channel more of that interest into filled orders and sticky TVL. In a DPoS ecosystem, higher user participation and validator rewards can become mutually reinforcing, especially when infrastructure makes participation easy.
WalletConnect TownHall update:
October TownHall https://t.co/8tPA8eaal2
— WalletConnect (@WalletConnect) October 16, 2025
Momentum DEX Clears $26B in Cumulative Volume
Momentum, a Sui-native DEX and liquidity hub, reported that its cumulative volume topped $26 billion, up roughly 8% from the $24 billion checkpoint on October 21. Several outlets and exchange news desks amplified the milestone, framing it as proof of rising user adoption and steady liquidity provision across Sui pairs. While day-to-day volumes fluctuate, this cumulative marker is an unambiguous sign that order flow is finding depth on Sui rails.
Momentum’s team has been public about share-of-volume claims and growth targets on X. The posts mirror on-chain momentum, with repeated updates as volumes climbed past double-digit billions and TVL scaled. Taken together with third-party dashboards that track Sui’s protocol metrics, the data points create a coherent picture of larger swaps, more pairs, and a flywheel that is working.
$13B+ Total Swap Volume!
Another billion in just 1 week.Highlights:
• Avg Daily Volume: ~$150M
• Top swapped tokens: USDC, SUI
• New ATH: $205M Daily Volume on Sep 29How far can we push it next?#Momentum #MMTFinance #DEX pic.twitter.com/kRK3iydpo6
— MomentumT (@MMTFinance) September 30, 2025
The Market Context, Sui’s DPoS, and Why Access Plus Liquidity Matters for Investors
Sui’s architecture prioritizes high-throughput execution, parallelizing simple transactions and applying consensus only when shared objects require it. The network’s use of Delegated Proof of Stake (DPoS) means validators post stake, delegators can participate through them, and the chain targets low-latency finality. In market terms, that design lowers the cost of repeated activity, which is exactly what active DEX users generate when they rebalance LPs, roll rewards, and chase basis moves.
Investors will want to triangulate several signals. DEX volumes and TVL on Sui have printed recent highs this month, supported by headlines across independent trackers and news desks. There are caveats. TVL can retrace when yields compress or when prices correct, and cumulative volume smooths out bad days by definition.
ALSO READ: Cardano Hits Record 115M Transactions, Celebrates 8 Years of Steady Uptime, Usage
Still, the combination of a wallet-agnostic onramp at a top DEX and a separate DEX printing a high cumulative tally is the pairing that typically precedes a larger liquidity footprint.
DPoS adds a second-order angle. When more users interact with Sui apps, staking yields and validator economics gain visibility, bringing new delegators into the set. That virtuous loop matters in ecosystems where application usage is the demand source that funds network security. Investors who track validator concentration, staking participation, and fee capture alongside DEX metrics can develop a clearer view of sustainability.
Risk, Recovery, and Resilience on Sui’s Leading Venues
No DeFi story is complete without a frank look at risk. Cetus experienced a major exploit in May that forced a restart in June after significant recovery efforts, foundation support, and compensation planning. The episode was painful, but the protocol returned to operation and has since shipped product upgrades while rebuilding trust. Today’s WalletConnect integration should be read in that light. It is an incremental, user-facing change that speaks to a rebuild grounded in access and reliability.
Momentum’s growth narrative, meanwhile, has leaned on incentives and product cadence. Campaigns that boost LP yields can accelerate volume and wallet connection metrics, but they must transition into organic depth to endure. The latest volume milestone arrives alongside new phases of LP reward programs. That is not uncommon in DeFi. The question for investors is whether routing efficiency, spreads, and slippage continue to improve after the incentives decay.
ALSO READ: 21Shares Amends Sui Staking ETF for Nasdaq, Market Responds with a 2.5% Surge
Data Snapshot and Where the Flows Are Going
Third-party dashboards show Sui’s DEX volume in the hundreds of millions per day this week, with seven-day totals in the low billions. Stablecoin float sits just under one billion, and bridged assets remain a key component of TVL. Those metrics help explain why wallet UX and routing depth matter. When execution is frequent and ticket sizes vary, a network that makes connect-and-trade feel like a normal app has the advantage. DPoS keeps settlement efficient, while integrations like WalletConnect make the session start trivial.
(Source: defillama.com)
Retail users often start with mobile wallets. Lists from exchanges and research sites continue to surface Sui wallets such as Suiet, Sui Wallet, Martian, and Glass Wallet. WalletConnect on Cetus gives users one fewer step to troubleshoot during first use, a small change that can have an outsized impact on conversion. For liquidity providers, any uptick in unique connections shows up in pool fees if those sessions turn into trades.
| Item | What changed | Why it matters |
| Cetus adds WalletConnect | Easier desktop and mobile connections across many wallets | Lower friction can lift daily active users and repeat trades on Sui. |
| Momentum hits $26B cumulative volume | Up about 8 percent from $24B on Oct 21 | Suggests durable flow, deeper liquidity, and improved routing. |
| Sui is DPoS | Validators plus delegators secure the chain | Efficient finality supports frequent, small transactions common in DEX use. |
| Sui DEX activity this month | Multi-source reports of elevated volume and TVL | Ecosystem tailwind amplifies benefits of better wallet UX. |
Checklist for Investors and Traders
- User access: Track whether Cetus’s daily connections and swap counts rise after the WalletConnect rollout. If yes, the integration is doing real work.
- Depth and routing: Watch Momentum’s pair-level liquidity and spreads, especially on SUI-USDC and volatile pairs. Sustained depth after campaign windows is the tell.
- Validator health on DPoS: Review the validator set, stake distribution, and commission behavior on Sui. Sustainable DeFi growth is easier when validator economics are healthy.
- Cross-verification: Do not rely only on cumulative volume. Compare DefiLlama’s daily flows and TVL against exchange news posts and protocol tweets to avoid chasing stale peaks.
Conclusion
Today’s Sui double-header is tighter access and visible flow. Cetus adding WalletConnect should reduce drop-offs at the moment of connection, which is where many sessions die. Momentum’s $26 billion cumulative volume tells us liquidity is showing up and trades are getting done.
In a Delegated Proof of Stake (DPoS) network that prizes quick settlement and scalable participation, those are the basics that precede durable growth. The next proof points are practical. Do Cetus connections and swaps rise, week over week, post-integration? Does Momentum’s depth and spread quality hold after the latest campaign window? If the answers are yes, investors can treat today’s headlines as a signal, not noise.
Frequently Asked Questions about Sui DeFi
How does WalletConnect change the Cetus user flow?
It lets users connect a wide range of wallets on desktop and mobile through a standard bridge, reducing setup friction and enabling quick session handoffs between devices.
Why is Momentum’s $26B cumulative volume a meaningful threshold?
Cumulative volume is not a price signal, but it captures durable routing. Crossing $26B after recently clearing $24B implies steady order flow and liquidity provisioning on Sui.
Where does Sui’s DPoS come into this story?
Sui’s Delegated Proof of Stake uses validators and delegators to secure the chain, targeting low-latency finality. Efficient settlement supports frequent trades and LP rebalances that DEX users perform.
Did Cetus fully recover from its exploit earlier this year?
Cetus relaunched in June after the May exploit, reporting recovered funds and compensation plans, with later product updates. Today’s integration reflects continued rebuilding around user access.
What metrics should I monitor next week?
Track daily DEX volume on DefiLlama, watch for Cetus connection and swap upticks, and review Momentum pool depth and fee income on core pairs. Cross-check with protocol updates on X.
