Crypto

Phantom ends Sui support on Sept. 24



Phantom will end support for the Sui network on Sept. 24, 2026, removing the ability to view, send, swap or interact with Sui assets through its wallet interface.

Summary

  • Phantom will stop supporting Sui on September 24, removing balances, transactions, swaps and application access.
  • Sui assets will remain onchain and accessible through compatible wallets using existing recovery credentials afterward.
  • Phantom waived its fee for native SUI swaps into wrapped SUI on Solana until transition.
  • Network and exchange charges still apply to those cross chain swaps before September 24 deadline.
  • Users keeping Sui can import their credentials into Slush before or after Phantom support ends.

The transition comes less than 20 months after Phantom introduced native Sui support in January 2025. Phantom has not publicly explained why it is withdrawing the integration.

Users will not lose their assets when support ends, according to Phantom’s official notice. SUI and other tokens remain recorded on the Sui blockchain and controlled by the corresponding recovery phrase or private key.

Phantom will remove every Sui wallet function

After Sept. 24, Phantom will stop displaying Sui balances and remove Sui from its supported network list. Users will also lose access to Sui transactions, swaps and decentralized applications through Phantom.

Connections previously established between Phantom and Sui applications will stop working. Users who move to another compatible wallet must reconnect those applications through the replacement wallet.

The withdrawal reverses an expansion announced in early 2025, when Phantom added native access to Sui assets and applications. Sui was the first blockchain based on the Move programming language supported by Phantom.

At launch, the integration allowed users to manage SUI and other network tokens, perform swaps and connect with applications including Suilend, Bluefin, Navi and Aftermath.

Phantom has not reported a security breach or network failure connected with the withdrawal. Its support notice describes the decision as a product transition and does not provide a technical or commercial reason.

Sui users have two migration options

Users who want to remain inside Phantom can swap their Sui assets into tokens on supported networks before the deadline. Available alternatives include SOL, ETH and USDC.

Phantom has temporarily waived its own fee for cross chain swaps from native SUI into wrapped SUI on Solana. The waiver remains effective through Sept. 24. Network and exchange fees will still apply.

Wrapped SUI is not native SUI. It is a Solana based token representing SUI transferred through cross chain infrastructure. Holders should verify the receiving network and token contract before approving a transaction.

Users who want to retain native Sui assets can import their Phantom recovery phrase into a compatible wallet. Phantom recommends Slush, the wallet associated with the Sui ecosystem.

The same Sui address and assets should appear after the wallet is restored with the correct credentials. Users with additional recovery phrases or separately imported private keys must transfer each set individually.

Migration can take place before or after Sept. 24 because there is no deadline for accessing the underlying assets. However, completing the process early allows users to confirm their balances and wallet access before Phantom removes the network interface.

Migration scams present the immediate security risk

Phantom warned that it will never contact users first, request a recovery phrase or offer to move assets on their behalf. Anyone providing unsolicited migration assistance should be treated as a potential scammer.

The warning is relevant because wallet transitions often create opportunities for phishing campaigns. Scammers can imitate support accounts, distribute fake wallet applications or direct users to websites that capture recovery phrases.

As previously reported, attackers used fraudulent update prompts to steal Phantom recovery phrases. The prompts were designed to resemble legitimate wallet messages and gave attackers full control when users entered their credentials.

Users should obtain the replacement wallet through its official website and confirm the domain independently. Recovery phrases should never be entered into websites, support chats or forms sent through social media.

Importing a recovery phrase into another application grants that software access to the same wallet. Users should therefore verify the application carefully and store the phrase offline after completing the process.

What happens on Sept. 24

Phantom will remove Sui balances, transaction tools and application connections when the transition takes effect. The change will not transfer, delete or convert assets automatically.

Users who take no action can restore access later by importing the correct credentials into a compatible Sui wallet. Phantom has not announced any plan to resume support after the transition.

The main deadline applies to in-app functionality and Phantom’s swap fee waiver, not asset ownership. Holders who want to swap inside Phantom or verify their migration should complete those steps before Sept. 24.



Source link

What's your reaction?

Excited
0
Happy
0
In Love
0
Not Sure
0
Silly
0

You may also like

More in:Crypto

Leave a reply

Your email address will not be published. Required fields are marked *