Determining the best decentralized exchange (DEX) on the Sui ecosystem depends on individual user preferences, such as trading volume, liquidity, features, and ease of use. However, recent data highlights a few standout options:

• Cetus: Widely regarded as the leading DEX in the Sui ecosystem, Cetus is the largest and most versatile platform, supporting a wide range of tokens and advanced trading tools. Recently, it launched Cetus Vaults, an innovative solution addressing a common challenge for liquidity providers (LPs)—the need for active management when supplying liquidity.
• Momentum: Momentum has gained significant traction, surpassing Bluefin to become the second-largest DEX on Sui by trading volume. On April 27, it set a single-day trading volume record of $91.59 million. Designed as a ve(3,3) DEX, Momentum positions itself as a vital public good within the ecosystem, enhancing accessibility to on-chain trading.

Other notable mentions:

• Kriya: Known for its beginner-friendly interface, Kriya has a Total Value Locked (TVL) of $54.98 million, making it an excellent option for new users.
• Aftermath Finance: With a robust TVL of $77.53 million, Aftermath Finance is another beginner-friendly platform worth exploring.

Each of these DEXs offers unique features and benefits, catering to diverse needs within the Sui ecosystem.