Suiet wallet to shut down as Sui DeFi activity cools

The browser extension wallet will end API services after November 14, joining a growing list of Sui ecosystem exits Suiet, a browser extension wallet built for the Sui blockchain, is closing. The team will stop all development and maintenance, and its API services end after November 14, 2026. Sui’s DeFi total value locked has dropped more than 22% over the past month, and Suiet is the latest in a series of service providers heading for the exits. User funds are not going anywhere. Assets stay on the Sui chain, because a wallet never actually holds coins. The Suiet team is urging users to back up their recovery phrases or private keys now. Those credentials can then be imported into a compatible wallet to restore access to balances and transaction history.

BeCrypto News shows a short excerpt and links to the publisher. The full report belongs to Crypto Briefing.