Sushi Value Rises by 5.1% Following Introduction of New Perpetual DEX on Sui Network

On November 1, 2025, SUSHI experienced a 5.1% increase over 24 hours, reaching $0.5125. Over the past week, SUSHI declined by 5.59%, saw a 5.1% gain in the last month, and dropped 62.22% over the previous year.

The

Network has become a central hub for blockchain advancements, with its DeFi sector gaining remarkable momentum. The Sui blockchain now boasts a total value locked (TVL) exceeding $2 billion, more than 700,000 daily active users, and 5.5 million transactions each day. This rapid expansion has drawn the interest of market analysts, who are monitoring the ecosystem’s progress for indications of ongoing bullish trends.

HyperSui, a recently launched native perpetual DEX on the Sui Network, has attracted attention with innovative liquidity models and AMM-driven trading. Should HyperSui’s rollout succeed in attracting both institutional and retail participants, it could substantially increase the Sui Network’s TVL and, consequently, drive up demand for the SUI token.

Experts at Brave New Coin predict that SUI could reach between $7.70 and $11.20, depending on market dynamics and continued positive sentiment. In contrast, CoinPedia offers a more cautious projection of $3.42 by the end of October 2025. These forecasts underscore the potential for substantial growth in SUI’s value if the DeFi sector continues to develop.

Backtest Hypothesis

The influence of HyperSui on SUI’s price can be evaluated using an event-driven backtesting method. This hypothesis focuses on identifying instances where SUI’s price jumped by at least 5% in a single day, signaling increased trading activity and investor interest following major news or product launches. After pinpointing these events, the backtest would analyze how SUI and related DeFi tokens performed in the subsequent days and weeks.

A backtest covering the period from January 1, 2022, to November 1, 2025, could reveal whether such price spikes are linked to long-term gains, particularly around significant launches like HyperSui’s perpetual DEX. The analysis would track daily closing prices for SUI and assess returns over 1, 7, 30, and 90 days after each event. This strategy would offer data-driven evidence to support the idea that major DeFi innovations, such as launching a new DEX, can trigger both short-term price swings and lasting value increases for associated tokens.