Cointelegraph reports that the Suiet wallet, a self-custodial service, will cease operations while maintaining API services until November 14. This development comes as Sui's decentralized finance (DeFi) total value locked has decreased by over 22% in the past month, indicating potential challenges within the ecosystem.

Based on the Cointelegraph report; not independently verified.

Source published: Wed, 11 Nov 2026 23:18:44 +0000

[Read the original report](https://cointelegraph.com/news/suiet-wallet-shut-down-latest-exit-sui-ecosystem?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)

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