SuiFest 2025: Celebrating Builders, BTCfi, and Community

Fresh off the heels of Sui’s activities during Korea Blockchain Week, SuiFest brought together builders, partners, and community members from across the world for a day that captured the energy and creativity of the Sui ecosystem.

With more than 4,000 attendees, the SuiFest transformed Singapore into a hub of connection for the Sui community.

Bitcoin unlocked

The activities began with Bitcoin Unlocked: BTCfi on Sui, a focused summit exploring the future of Bitcoin and how Sui can securely and directly utilize Bitcoin in a composable, reliable BTCfi ecosystem.

Mysten Labs discussed a major step toward expanding Bitcoin to Sui, a native Bitcoin custody and wallet solution. Being secured by the Sui validator set, this solution will create a trust-minimized way to unlock BTC from the Bitcoin network, directly on Sui.

The summit also featured discussions on BTCfi’s growing traction, supported by fresh analytics from Dune, showing daily volumes of BTC-backed assets consistently between $15–20 million USD since July.

From the mainstage

At the SuiFest Mainstage, attendees heard directly from builders and leaders shaping the network’s evolution. The agenda spanned from introductions for newcomers to highlighting unique products offering real-world utility.

A standout discussion brought Mysten Labs’ Adeniyi Abiodun together with Edison Chen, Co-Founder of CUDIS, and Ben Putley, CEO of Alkimi, to discuss how projects across healthcare, data analytics, and advertising are leveraging the Sui Stack to coordinate trust and ownership at scale. 

This blend of curiosity and execution was felt through all conversations at the event. SuiFest wasn’t about announcements as much as it was about showcasing the conviction the ecosystem has to grow, and how much has already taken shape.

New launches and expanding foundations

Several major ecosystem milestones were celebrated during the week, highlighting Sui’s growing role as a full-stack platform for decentralized coordination:

• suiUSDe launched through a partnership between SUIG and Ethena Labs, introducing a yield-bearing, dollar-denominated digital asset on Sui.
• OVERTAKE officially debuted its in-game digital asset trading system, bringing seamless ownership and exchange to Sui gaming.
• Citadel Wallet revealed Suiball, a hardware wallet built uniquely for Sui, with attendees able to test the device and pre-order it on site at a discount.
• Enoki 2.0 went live with updates including portable zkLogin wallets, deeper SuiNS integration, and a simplified pricing model, making it easier for builders to onboard new users.

Together, these releases painted a picture of an ecosystem evolving into something greater, one now extending from innovation onchain to broader market visibility, momentum reflected in the earlier news that Coinbase is launching SUI futures on October 20th.

Building, playing, and connecting in Sui Park

While the mainstage drew the spotlight, much of SuiFest’s spirit and fun thrived offstage at Sui Park. Visitors met the teams supporting Sui, got hands-on with Suiball, and spun the Slush wheel for prizes, blending networking opportunities and a host of fun activities.

Being able to chat openly with builders, founders, and key ecosystem members made the event feel less like a conference and more like a gathering of old and new friends.

Shark in The Sui Tank

Later in the day, Sui Park turned into something entirely different: The Sui Tank.

In a playful nod to Shark Tank, builders from across the Sui ecosystem pitched their ventures live to Adeniyi Abiodun, Kevin O’Leary, and Kostas Chalkias, each with the ability to award $10,000 on the spot.

The pitches ranged from DeFi protocols to infrastructure tools, showcasing the variety that spans the ecosystem.

Community first

Looking back, SuiFest stood out not for any single announcement, but for how fully it captured the ecosystem. It was a day of genuine interaction with builders showing their work and community members meeting face-to-face.

In the days that followed, that same energy carried forward online through recaps, interviews, and videos, as the community kept the discussions going. A reminder that the connections made at Sui’s events don’t end when the doors close, but continue to evolve and help shape the future of Web3.

A special thanks to our sponsors

Both of these events were made possible through the support of our key partners and sponsors:

SuiFest Diamond Sponsors

• AlphaFi: A yield optimizer built for Sui, focused on efficient, automated, onchain DeFi strategies.
• Pyth Network: The largest first-party oracle network for publishing financial market data on-chain, sourcing data from over 90 leading exchanges and market makers.

Additional SuiFest Sponsors 

• Platinum Sponsor: DipCoin
• Gold Sponsors: NAVI, Scallop
• Silver Sponsors: 7k, Bluefin, FlowX Finance, Matrixdock, OVERTAKE, Talus, Turbos, ZO

Bitcoin Unlocked: BTCfi on Sui Sponsors

• Gold Sponsors
  • LayerZero: LayerZero is the leading interoperability protocol enabling users to seamlessly move assets and data across every type of blockchain.
  • Vishwa: The AI-Powered Orchestration Engine for Digital Finance. One API for institutions and agents to atomically discover and execute optimal omni-chain strategies for liquidity, yield, and credit.
• Silver Sponsor: Volo
• Bronze Sponsor: Bucket

We’re grateful to each and every one of our partners for their contributions and engagement throughout both Bitcoin Unlocked and SuiFest.