THORWallet now lets users swap coins directly across the Sui network and major chains without wrapping or using a custodian. Because assets remain on their home chains, traders avoid bridges and cut the risk of failures or hacks. The addition of Sui extends an existing cross-chain engine to a newer, high-throughput network.
THORWallet already moves money across nine blockchains and has handled over $1.1 billion in trades. It previously executed the first phone wallet swap turning native XRP into native ETH and also swapped BTC for ETH without wrapping, proving out direct, cross-chain settlement.
Sui, built by Mysten Labs, went live on 3 May 2023 and will never issue more than ten billion SUI tokens. The network treats every coin as a separate object and confirms blocks quickly, so large trades settle in seconds. Pairing THORWallet’s swap engine with Sui creates a fast lane between SUI and older coins.
Day-to-day impact and next steps
Liquidity no longer fragments across wrapped versions, retail users skip extra approvals and bridge freeze risk, and market makers see new arbitrage paths. They must still watch for MEV bots, even though THORWallet claims built-in protection.
Swaps stay on the original chains — no custodian holds the money, while any user can trade SUI directly for BTC, ETH, SOL or XRP and Sui’s design keeps latency low and throughput high.
The link between THORWallet and Sui is now live. Observers will watch trade totals over the next few quarters to see whether native SUI swaps pull volume from wrapped versions and how much liquidity shifts between chains.