Wallet service Coin98 has incorporated Sui blockchain, allowing native $SUI swaps via OKX decentralized exchange within its platform.
Sui Blockchain, a new Layer 1 blockchain developed by Mysten Labs, has officially launched its operations, enabling native $SUI swaps and all tokens within the Sui ecosystem on the Coin98 Wallet. This move is set to increase the popularity of the blockchain among DeFi enthusiasts, potentially contributing to the rise in the trading volume of $BLUB, a memecoin native to Sui.
The launch utilizes Sui's SwapX feature, a safe, fast, and convenient swapping experience that integrates the OKX Decentralized Exchange (DEX) for swapping. This integration eliminates the need for external platforms for users entering DeFi on the Sui blockchain, promoting increased accessibility and swapping opportunities within the Sui blockchain ecosystem.
Scalability at its Core
Sui Blockchain is designed for extreme scalability, capable of processing around 300,000 transactions per second (TPS), significantly higher than many existing blockchains like Ethereum and Solana. It achieves this through parallel transaction processing and horizontal scaling, allowing many transactions to be verified simultaneously and supporting validator addition without performance loss.
The architecture uses the Move programming language and an object-based data model that offers near-instant transaction finality and supports a developer-friendly, scalable ecosystem.
MEV Protection and OKX DEX Integration
While the search results do not explicitly mention MEV (Miner/Maximal Extractable Value) protection mechanisms for Sui, the blockchain's focus on performance, parallel execution, and its modern design imply a potential reduction in classical MEV risks seen in sequential execution blockchains.
The integration of the OKX DEX enhances the reliability and security of decentralized exchanges on the Sui blockchain. The OKX DEX system, according to a 2024 report, has reduced off-platform unfavorable trades by up to 95%, providing users with a trading experience comparable to centralized exchanges.
Moreover, the integration of the Sui blockchain with the OKX DEX utilizes Flash Bot technology to minimize the exposure to MEV.
A Growing DeFi Ecosystem
The SUI token is natively supported on major exchanges including OKX, where it is actively traded and used. OKX also hosts decentralized exchange (DEX) services that leverage Sui’s infrastructure, helping to bootstrap Sui's DeFi ecosystem with high throughput and low latency.
Over 70 decentralized applications (including DeFi apps) are building on Sui, reflecting expanding DEX and DeFi activity integrated with platforms like OKX.
Sui's developer-centric architecture and alignment with trends like abstracted user experience and programmability make it attractive for enterprise and institutional adoption. Its Total Value Locked (TVL) has remained robust, fluctuating between $1.6B to $3.4B in 2025, signaling a strong and growing ecosystem.
Institutional interest and ETF applications related to Sui may further boost its ecosystem and capital inflows.
In summary, Sui stands out for its extreme scalability via parallel processing and horizontal scaling, supports a growing DeFi and DEX ecosystem integrated with exchanges like OKX, but explicit MEV protection protocols were not highlighted in the available information. The migration of trading to decentralized platforms like the Sui blockchain is a significant challenge in the DeFi space, with the goal of making decentralized trading fair and transparent.
Coin98 Wallet has become the official supporter of the Sui blockchain.
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