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USDC, SUI, and FDUSD lead the Sui ecosystem by market cap and volume, showing strong institutional presence.
Walrus and DeepBook offer high-growth potential despite short-term volatility.
Real-world assets like USDY and staked BTC (LBTC) signal Sui's expanding financial capabilities.
As blockchain ecosystems mature in 2025, Sui Network stands out for its speed, developer tooling, and vibrant on-chain activity. Developed by Mysten Labs and known for its Move-based smart contract architecture, Sui has attracted a growing number of dApps, DeFi protocols, and stablecoin integrations. Among the ecosystem’s highlights are the performance and market standings of several key tokens directly tied to or operating within Sui.
The list below provides a snapshot of the top Sui-related tokens ranked by market capitalization, revealing ecosystem trends, price action, and usage insights.
Although not native to SUI, USDC plays a vital role in the network’s liquidity and transactional layer. With a massive market cap of $61.46 billion and 24-hour trading volume exceeding $7.6 billion, USDC remains the dominant stablecoin across most chains, including SUI.
USDC is deeply integrated into Sui-based DEXs, lending platforms, and DeFi protocols. Pegged at $0.9998, its stable value is key for on-chain commerce, savings protocols, and stable yield generation.
Despite showing no significant price movement over the past week, USDC’s consistent presence underscores the growing institutional appeal of the ecosystem.
The native token of the Sui Network, SUI, ranks second in market capitalization with a value of $11.01 billion. Priced at $3.24, SUI has recently experienced a 2.2% daily decline and a 12.3% weekly drop, indicating signs of short-term volatility.
Still, SUI serves as the backbone of the network’s staking, gas fee payments, and governance. With a 24-hour trading volume of over $705 million, demand for SUI is strong, although speculative pressure and broader market sentiment continue to influence price swings. As core infrastructure and developer tooling expand, many expect SUI to regain momentum mid-2025.
LBTC, a staked version of Bitcoin used within Sui’s DeFi protocols, currently has a market cap of $1.92 billion, with a price of $105,063. It shows a modest 0.2% 24-hour gain and has been up 3.1% over the past week.
LBTC represents tokenized Bitcoin holdings that earn yield via staking or lending platforms built on Sui. Its high price reflects its BTC backing, and its growing usage indicates increased cross-chain DeFi interest. LBTC is becoming a cornerstone of Sui’s asset diversification.
With a price of $0.999, FDUSD is another major stablecoin gaining traction within the Sui ecosystem. It boasts a 24-hour volume of $4.59 billion, making it a reliable option for users seeking alternatives to USDC.
FDUSD’s slight positive weekly return (+0.2%) reflects demand stability and institutional adoption. It’s used across several Sui-native platforms, particularly in lending markets and synthetic asset protocols, making it a staple of Sui’s stablecoin infrastructure.
Walrus (WAL) is a newer entrant that has surged in popularity despite recent corrections. Trading at $0.4962, WAL has declined 14.2% over the past week and 1.8% in the last 24 hours. However, it maintains strong liquidity with a daily trading volume of $27.4 million.
WAL is primarily tied to community engagement platforms and gamified finance apps built on Sui. Its high volatility makes it a target for swing traders and emerging dApp communities.
USDY is a tokenized real-world asset offering stable yield, trading at $1.10 with a 1.7% weekly gain. It reflects Sui’s growing involvement in Real World Asset (RWA) tokenization, making it attractive to conservative DeFi users.
Though its volume is relatively modest at $711,000, USDY’s yield-bearing design shows how the Sui ecosystem is attracting traditional finance-oriented applications.
DeepBook, trading at $0.1481, is down 2.6% over the past 24 hours and 19% over the past week, indicating recent bearish sentiment. It represents an on-chain order book infrastructure project designed to enhance decentralized exchange (DEX) mechanics on Sui.
Despite recent price declines, DEEP’s role in powering future Sui-based trading platforms positions it as a high-potential utility token.
AUSD, another USD-pegged stablecoin, holds firm at $0.9993. It shows zero volatility, making it ideal for stable DeFi participation. With a 24-hour volume of $27.8 million, it serves as a supplementary stable asset across Sui’s lending and synthetic assets protocols.
Also Read: Top Cryptocurrencies Powering the Aptos Ecosystem in 2025
The Sui ecosystem is rapidly diversifying beyond its native token. From major stablecoins like USDC and FDUSD to specialized assets like LBTC and USDY, the network supports a growing range of financial instruments. Volatile entries, such as WAL and DEEP, demonstrate a strong appetite for innovation, while tokenized assets and stablecoins provide a foundational layer for long-term growth.
As Sui moves deeper into 2025, its blend of performance, interoperability, and liquidity positions it as one of the most promising next-gen Layer 1 ecosystems in the crypto space.
Also Read: Sui Validators Approve Cetus Recovery Plan to Unlock $162M in Frozen Funds
