Uniswap Alternatives on Sui: DEXs Compared
Uniswap is not on Sui. Cetus, Bluefin Spot, Turbos and Momentum copy its v3 range-LP model, and DeepBook runs an order book. TVL and volume, October 2026.
Uniswap does not run on Sui, so the closest Uniswap alternatives there are Cetus, Bluefin Spot, Turbos and Momentum, which all use the concentrated-liquidity design Uniswap v3 introduced, plus DeepBook, an onchain order book that works differently. Cetus is the largest, with about $24.9 million of TVL and $425 million of 30-day volume on 31 October 2026, per DefiLlama. This guide maps each Sui DEX to the Uniswap feature it resembles and says who each one suits.
Uniswap as the benchmark
Uniswap is the reference point for most DEX comparisons. Across v1 to v4 it held about $3.61 billion of TVL on 31 October 2026, per DefiLlama, spread over more than 40 chains. Sui is not one of them: DefiLlama lists no Uniswap deployment there, and Uniswap's contracts are written in Solidity for EVM chains while Sui runs Move.
Two Uniswap versions shape what people expect from a DEX:
- Uniswap v3 (May 2021) introduced concentrated liquidity. LPs choose a price range, and their capital only trades while the price is inside it. The v3 whitepaper launched with three fee tiers, 0.05%, 0.30% and 1%, with more addable by governance.
- Uniswap v4 went live on 31 January 2025, The Block reported. It puts every pool in one contract (the PoolManager) and adds hooks, custom contracts that run before or after swaps and liquidity changes to add features such as dynamic fees.
So "a Uniswap alternative on Sui" usually means a CLMM: a DEX where you can swap from your wallet and LP in a range. Four Sui DEXs fit that description. Our concentrated liquidity explainer covers the mechanics if they are new to you.
Uniswap vs Sui DEXs at a glance
| DEX | Design | Closest Uniswap equivalent | Sui TVL, 31 Oct 2026 | 30-day volume |
|---|---|---|---|---|
| Uniswap (benchmark) | v2 constant product, v3 CLMM, v4 CLMM with hooks | n/a (not on Sui) | n/a ($3.61B on other chains) | n/a |
| Cetus CLMM | Concentrated liquidity, plus a separate DLMM | v3 | $24.9M | $425M |
| Bluefin Spot | Concentrated liquidity, run by a perps exchange | v3 | $11.7M | $183M |
| DeepBook V3 | Onchain central limit order book | None | $11.5M | $201M |
| Momentum | Concentrated liquidity with ve(3,3) emissions | v3 with vote-directed incentives | $3.5M | $26M |
| Turbos | Concentrated liquidity and a token launchpad | v3 | $2.9M | $166M |
| Aftermath AMM | Weighted pools of up to eight assets | Closer to Balancer than Uniswap | $2.6M | $0.8M |
| Magma | Concentrated liquidity and bin-based ALMM, ve(3,3) | v3 with vote-directed incentives | $2.0M | Not listed |
| FlowX | Swap aggregator with small V2 and V3 pools | None (routing layer) | $0.3M | $61M routed |
TVL and volume are from DefiLlama on 31 October 2026. FlowX's volume is aggregator volume, which mostly settles in other DEXs' pools.
Cetus: the closest match to Uniswap v3
Cetus is the default AMM on Sui and the one that feels most like Uniswap v3: range positions, fee tiers per pool and a swap screen that routes through its own aggregator. Cetus's aggregator routed about $266 million in the 30 days to 31 October 2026, the most of any Sui router on DefiLlama. Cetus also runs a DLMM, a bin-based design it launched in late September 2025, which held about $0.4 million.
The main thing to know is its security history. On 22 May 2025 an attacker exploited a faulty overflow check in a shared math library and took about $223 million. Sui validators froze about $162 million, and Cetus relaunched on 8 June 2025 after refilling pools with recovered funds, its own reserves and a $30 million USDC loan from the Sui Foundation, per The Block. Its TVL peaked at about $268 million on 23 November 2024.
Who it suits: LPs who want the deepest AMM pools on Sui's major pairs, and token teams that want the venue most aggregators check first.
Bluefin Spot: a CLMM attached to a perps exchange
Bluefin started as a perpetual futures exchange and added a concentrated-liquidity spot DEX in November 2024. For a swapper it behaves like a v3 fork. The difference is the surrounding product: one account can trade spot and perps, and Bluefin runs its own aggregator, Bluefin7K, launched in June 2025. Bluefin Spot peaked at about $112 million of TVL on 20 July 2025 and held about $11.7 million on 31 October 2026.
Who it suits: traders who already use Bluefin Pro for perps and want spot in the same place.
Turbos, Momentum and Magma
Turbos has run a CLMM since Sui's mainnet launch in May 2023 and also hosts Turbos.fun, a launchpad where new tokens trade on a bonding curve before moving to a Turbos pool. It turned over about $166 million on $2.9 million of TVL in the 30 days to 31 October 2026. That ratio means strong fee income per dollar for LPs and shallow pools for anyone swapping size.
Momentum pairs a CLMM with ve(3,3) tokenomics: MMT holders lock for veMMT and vote on which pools receive emissions. Momentum grew to about $633 million of TVL by 25 October 2025 and fell to about $3.5 million a year later, so check incentives before treating its pool APRs as durable. Magma follows a similar ve(3,3) model and adds an adaptive, bin-based pool type.
DeepBook: the alternative that works differently
DeepBook V3 is a central limit order book that runs fully onchain. Makers post bids and asks at set prices and takers fill against them, as on a centralized exchange. There is no pool and no LP range. DeepBook has no official front end; the Sui documentation describes it as a building block for wallets and apps, which is why most people reach it through an aggregator without noticing.
It had the second-largest 30-day volume on Sui, about $201 million, on about $11.5 million of TVL. The DEEP token pays trading fees at a discount and can be staked per pool for lower taker fees, maker rebates and votes on fee levels. We compare the two designs in DeepBook vs Cetus.
Who it suits: traders who want limit orders, market makers, and builders who want shared liquidity without running their own pools.
Aftermath, FlowX and the aggregator route
Most Sui swaps no longer start at a single DEX. Aftermath runs weighted pools of up to eight assets, a design closer to Balancer than Uniswap, and a smart-order router that compares other aggregators. FlowX started with constant-product AMM pools, added concentrated-liquidity pools, and now earns most of its volume as a router: about $61 million in the 30 days to 31 October 2026. A DEX aggregator splits a trade across Cetus, DeepBook, Bluefin and Turbos, which matters on a chain where the whole DEX sector held about $62 million.
Depth and LP fees compared with Uniswap
Scale is the biggest practical difference. Uniswap v3 alone held about $1.55 billion on 31 October 2026, per DefiLlama, roughly 25 times the $62 million in every Sui DEX combined. A trade that barely moves a Uniswap pool on Ethereum can move a Sui pool by several percent, so price impact matters more than the fee tier.
For LPs, gross fees relative to TVL give a rough sense of what each venue's liquidity earned. Taking DefiLlama's 30-day fees to 31 October 2026, multiplying by 12 and dividing by TVL gives about 57% for Turbos, 27% for Cetus, 18% for Bluefin Spot, 13% for Momentum and 6% for DeepBook. Those are averages before any protocol cut and before impermanent loss. DeepBook's figure understates what its makers earn, because they also capture the bid-ask spread and can receive DEEP rebates, which this ratio leaves out. A high ratio on a small pool also tends to mean the pool is thin, which is where price moves hurt LPs most.
How to choose a Uniswap alternative on Sui
- Swapping a few hundred dollars: any major venue or aggregator works. Check the price impact line before confirming.
- Swapping size: use an aggregator, and compare its quote with DeepBook's book on the pair if one exists.
- Providing liquidity like on Uniswap v3: Cetus for depth, Bluefin Spot for major pairs, Turbos for fee turnover on smaller pools. Range LPing carries sharper impermanent loss than a full-range pool.
- Chasing emissions: Momentum and Magma pay vote-directed incentives, which can change every epoch.
All of these carry smart-contract risk, and Cetus's 2025 exploit shows how a math-library bug can drain pools. Our Sui DEX comparison goes deeper on fees and pool depth, and the Sui TVL breakdown puts the DEX sector next to lending and liquid staking.
Where JewelSwap fits
JewelSwap is not a DEX and does not compete with these venues. On Sui it runs auto-compounded leveraged yield farms built on Scallop, and it issues JWLCETUS, a derivative token for staked xCETUS. See JewelSwap on Sui for the details.
Frequently asked questions
Is Uniswap on Sui?
No. DefiLlama listed no Uniswap deployment on Sui on 31 October 2026. Uniswap's contracts target EVM chains, and Sui uses the Move language.
What is the closest thing to Uniswap on Sui?
Cetus, a concentrated-liquidity DEX modeled on the Uniswap v3 design. Bluefin Spot, Turbos and Momentum use the same LP-in-a-range model.
What is the best DEX on Sui?
It depends on the job. Cetus had the most TVL and volume on 31 October 2026, DeepBook suits limit orders, and an aggregator usually gives the best price on larger swaps.
Which Sui DEX trades the most volume?
Cetus, with about $425 million in the 30 days to 31 October 2026, per DefiLlama. DeepBook was second at about $201 million, then Bluefin Spot at about $183 million and Turbos at about $166 million.
Is DeepBook an AMM?
No. DeepBook is an onchain central limit order book, so prices come from posted bids and asks instead of a pool formula.
Educational only, not financial advice. Figures from DefiLlama and protocol docs, checked 31 October 2026; DEXs carry smart-contract, liquidity and impermanent-loss risk.
