Sui Blockchain just pulled in a record $2.4B stablecoins in 24 hours, crushing Ethereum & Aptos. Inside the massive DeFi liquidity shift that’s igniting Sui season.
November 24, 2025:
In a stunning display of momentum, the Sui blockchain recorded an unprecedented net inflow of $2.4 billion in stablecoins over the past 24 hours.
The surge, which peaked during Asian and early European trading hours today, dwarfed inflows to rival Layer-1 networks and cemented Sui’s position as the clear winner in the ongoing DeFi liquidity rotation.
Artemis data shows Sui captured more stablecoin volume in a single day than Ethereum and second-place Aptos managed combined, marking the largest 24-hour shift toward a non-EVM chain on record.
The $2.4 billion figure represents net new stablecoin supply minted or bridged onto Sui, primarily in USDC, USDT, and emerging native assets such as AUSD and USDY.
For context:
The inflow pushed Sui’s total stablecoin market cap to over $4.1 billion, a 140% increase month-over-month.
Industry analysts point to three converging factors:
“Capital flows to speed and yield,” wrote prominent crypto analyst @DefiIgnas on X.
“Sui just became the fastest horse in the race.”
The stablecoin tsunami is already translating into real ecosystem growth. DefiLlama reports Sui’s TVL has climbed above $1.68 billion in the past week alone, with lending protocol Navi and perpetuals platform DeepBook absorbing the majority of new liquidity.
Stablecoins now account for 72% of all bridged assets on the network, the highest ratio among major Layer-1s.
Market participants expect several high-profile protocol launches and strategic partnerships to be announced before year-end, further accelerating the flywheel.
Today’s $2.4 billion stablecoin inflow is more than a headline number, it is on-chain proof that capital is voting with its feet.
As Ethereum grapples with congestion and high gas, and other challengers struggle to match throughput, Sui has emerged as the clearest beneficiary of the great DeFi liquidity migration of 2025.
For developers, yield farmers, and investors, one message is resounding: the Sui season has officially begun.
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A perfect storm of sub-second finality, near-zero fees, new native USDC/USDT bridges, and large institutional rotations from Ethereum-based vaults drove the record 24-hour inflow, as confirmed by Artemis and DefiLlama.
Sui recorded $2.4B in net inflows in the last 24 hours versus ~$490M for Aptos and ~$310M for Ethereum, making it the #1 destination for stablecoin capital by a wide margin this week.
Yes, TVL already jumped $400M+ in the past 48 hours and is on pace to surpass $2 billion this week, with analysts forecasting $3–5 billion by mid-2026.
The surge is strongly bullish on-chain sentiment. SUI price typically lags TVL growth by 2–6 weeks in previous cycles, putting near-term upside in play for risk-tolerant holders.
Primary risks remain smart-contract exploits (mitigated by multiple top-tier audits) and temporary bridge congestion during extreme volume. Regulatory risk to stablecoins applies network-wide, not Sui-specific. Overall risk/reward skews favorably compared to congested alternatives.
