suiet wallet shutdown: Back Up Keys Before Nov 14 API Cutoff
The suiet wallet shutdown is official: Suiet will keep API services only through Nov 14, 2026, so users should back up recovery phrases and import accounts into another Sui wallet now.
- Suiet is self-custodial, so funds stay on the Sui blockchain; the risk is losing a working interface, not losing coins.
- After November 14 the wallet "may no longer reliably display balances, send transactions, or connect to applications," per the team's notice.
- The exit follows Suiball's closure on November 10 and Phantom ending Sui support in September, as Sui activity falls.
in this block
The suiet wallet shutdown is now official: the team behind Suiet, a self-custodial browser wallet built for Sui, says it is sunsetting the product and will keep its API services alive only through November 14, 2026. Users have days, not weeks, to back up their keys and move. The news landed on November 11 and quickly drew warnings from Slush and the Sui account itself.
What actually happened
In a statement titled "Sunsetting Suiet", the team said it had made "the difficult decision" to end development and maintenance. It confirmed Suiet has no mobile apps and that its Chrome Web Store extension will be "sunset soon," without giving a date. The statement itself is undated, but it was shared widely on November 11.
Slush, the Mysten Labs wallet, posted at 14:30 UTC on November 11 that support ends after November 14 and that "the extension will be removed." Eleven minutes later the official Sui account posted a similar reminder: back up each account's recovery phrase or private key, and import accounts into another Sui wallet. SuiWire noted that Sui's post does not say the replacement must be Slush, even though it quoted an older Slush migration PSA.
The steps Suiet asks users to take
The notice lays out a short checklist:
- Back up every account. Save the recovery phrase or private key for each one; separately imported accounts may need separate backups.
- Set up a compatible Sui wallet and restore accounts through its official import flow, or create a new wallet and transfer assets.
- Verify before deleting. Confirm the address matches and check staking positions and assets held inside apps. Do not uninstall Suiet or clear its data until access is confirmed.
Restoring an account in another wallet does not move anything on-chain. Moving to a brand-new address does, and that costs normal network fees.
Why the suiet wallet shutdown matters for Sui
On its own, one wallet closing is routine. The context is what made this a story. Cointelegraph reported that Sui's DeFi total value locked was about $413 million on November 11, down more than 22% in a month according to DefiLlama. Token Terminal data showed about 128,000 daily active users in October, compared with 601,000 in November 2025, roughly a 79% drop.
Oddly, transactions moved the other way, reaching 324 million in October versus 101 million a year earlier, per Token Terminal. More transactions with fewer users usually points to bots and automated activity rather than broad adoption.
The list of exits is getting long. Suiball, a Sui hardware wallet project, announced its closure on November 10. Phantom dropped Sui in September. DeFi protocol Full Sail is winding down after a Switchboard-related incident that cost about $91,000. Sui has also had four network outages in 2026, about 22 hours of downtime in total, per Sui Foundation reports cited by Cointelegraph.
"Sui's problems seem to mostly be of an economic nature resulting from expensive engineering costs and low user volume rather than protocol failures," Kadan Stadelmann, former CTO of Komodo Platform, told Cointelegraph.
Neither Suiet nor the Sui Foundation had answered Cointelegraph's request for comment at publication time.
What to do as a reader
If you still use Suiet, treat the suiet wallet shutdown as a hard deadline:
- Back up now, offline. Write down every recovery phrase or export every key before November 14.
- Beware fake "migration" help. Suiet warns that nobody from the team will ask for your phrase. Scammers love shutdown news, and fake support accounts are a common follow-up to announcements like this one.
- Check staked and in-app positions. These can be easy to forget when you switch wallets, and some apps may need you to reconnect from the new wallet before you can manage them.
- Keep Suiet installed until the new wallet shows the same address and balances.
For more on Sui's recent infrastructure, see our piece on sui hashi mainnet, and for a reminder of what happens when wallet infrastructure fails, read lnbits wallet thefts. This is not financial advice.
Not financial advice. DYOR, ser.
