According to Milk Road (@MilkRoadDaily), SUI’s decentralized exchange (DEX) trading volumes hit an all-time high last week, reaching $3.649 billion. This surge in DEX activity signals a significant increase in onchain trading participation, suggesting traders are actively utilizing SUI’s onchain liquidity for swaps and trades. Elevated DEX volumes are typically seen as a bullish indicator for underlying ecosystem tokens and may reflect heightened volatility and trading opportunities for SUI and related assets. Source: Milk Road Twitter, April 29, 2025.