Phantom Wallet Ends Sui Support on Sept. 24 After Sharp TVL Crash
TL;DR
- Phantom will remove support for the Sui network on September 24, 2026, giving users less than five weeks to migrate their assets.
- Sui’s TVL collapsed 82% from its peak of $2.58 billion in October 2025 to approximately $469 million, according to DefiLlama data.
- Funds remain safe on the Sui blockchain and are accessible from any compatible wallet; Slush is the alternative recommended by the Sui Foundation.
Phantom Wallet officially announced that it will discontinue support for the Sui network starting September 24, 2026, giving users less than five weeks to move their assets to another compatible solution. The decision responds to the 82% collapse in the network’s total value locked (TVL), which fell from a peak of $2.58 billion in October 2025 to approximately $469 million, according to DefiLlama.
The wallet had incorporated native support for Sui in late 2024, during an expansion phase that drove the network’s TVL to its all-time highs. That growth proved short-lived. The sustained contraction of Sui’s DeFi ecosystem made it unfeasible, from an infrastructure standpoint, to maintain the active integration.
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