Suiet Wallet Shuts Down: API to Be Disabled After November 14

The Suiet team announced the cessation of development and support for the non-custodial wallet for the Sui blockchain. API services will operate until November 14, 2026, after which the application may no longer correctly display balances and send transactions. The developers have not yet announced the date for removing the extension from the Chrome Web Store.

What Suiet users need to do

The closure of the wallet does not mean the disappearance of cryptocurrencies: assets remain on the Sui blockchain, and access to them is determined by private keys. Developers advise saving the recovery phrase or private key of each account used and importing it into a compatible wallet by November 14. After the transfer, users should verify the address, check access to assets, staking, and DeFi positions, and only then delete Suiet. Keys should not be shared with outsiders or entered on websites offering migration assistance.

Why Suiet's departure attracted attention

The closure occurs against the backdrop of declining activity in the ecosystem, but the team itself did not cite economic indicators as the reason for its decision. According to DefiLlama, on November 11, assets locked in Sui's DeFi protocols were valued at approximately $413 million, more than 22% below the level of a month ago. Token Terminal reports about 128,000 average daily active users in October compared to 601,000 in November 2025—a decline of nearly 79%. Meanwhile, the number of transactions for the comparable months increased from 101 million to 324 million, so the two metrics reflect different aspects of the network's operation.

What other projects are leaving Sui

Previously, the Phantom wallet withdrew support for Sui, and on November 10, the hardware wallet project Suiball announced its closure. The Full Sail protocol also ceased operations following an incident affecting about $91,000 of funds. In 2026, Sui experienced four network outages, but the developers did not establish a direct connection between these failures and Suiet's decision.