Suiet Wallet to Shut Down, Latest Exit From Sui Ecosystem

A wallet shutdown is a narrow event, but its timing is telling: Suiet's exit lands as Sui's DeFi TVL has dropped more than 22% in a month, so the closure reads less as an isolated product decision than as part of a broader retrenchment. The users most affected are self-custodial holders who relied on Suiet's interface and API integrations, and the developers who built on those services ahead of the Nov. 14 cutoff. Whether other ecosystem projects follow, and how much of the TVL decline reflects capital leaving versus repricing, is the open question worth tracking.