SUI Breaks $14.3B DEX Volume Record in July As Price Drops and Tight Range Forms

Monthly decentralized exchange volume surged 134% from June, reaching an all-time high despite market volatility.

SUI’s price fell to $3.42 over the past 7 days, contrasting with the record-setting on-chain activity.

Price action remains constrained by key support and resistance levels, as traders assess potential breakout or further decline.

SUI has recorded a new all-time high in decentralized exchange (DEX) trading volume, reaching $14.3 billion between July 1 and 30, 2025. This represents a 134% increase from June’s figures, making July the most active month in SUI’s trading history. The surge in volume occurred even as SUI’s token price fell sharply

Over the past seven days, the token has declined 15.9%, with current pricing at $3.42. The rising DEX activity and falling market price have created contrasting short-term dynamics that traders are now monitoring closely.

DEX Volume Surges Despite Token Price Weakness

According to data from DeFiLlama, SUI’s monthly DEX volume surged from previous levels, breaking above the $14 billion mark for the first time. July’s $14.265 billion volume is 134% higher than the previous month. This increase came as the broader market experienced pockets of volatility, yet SUI managed to draw significant liquidity.

However, price performance did not align with trading volume. SUI’s price declined by 15.9% over the same period, suggesting selling pressure or profit-taking may have intensified. Despite this decline, DEX participation remained elevated, reinforcing the disconnect between on-chain activity and market price action.

SUI Trades in Narrow Range as Market Awaits Breakout

As of the latest session, SUI trades within a 24-hour range between $3.39 and $3.59. The support level has been identified at $3.39, while immediate resistance caps price advances near $3.59. Market participants continue to monitor this tight range for signs of breakout or further pullback.

Source: CoinMarketCap

While the market cap sits at $12 billion, unlocked market capitalization trails slightly at $11.97 billion. These values show SUI is retaining most of its unlocked supply value despite price softness. Yet, the short-term range remains decisive for near-term market structure.

Trading Volume Drops as Market Shows Signs of Short-Term Consolidation

In the past 24 hours, trading volume declined by 21.99%, totaling $1.72 billion. This drop follows the broader surge in monthly volume, showing some cooldown after the July spike. The decrease in daily volume could reflect consolidation after heightened activity or a pause before another move.

Notably, the 1.05% market cap decline aligns with the price drop but remains modest compared to the token’s weekly performance. Traders are now closely watching whether support can hold or if further adjustments will follow in early August.