Sui hardware wallet project Suiball to wind down and refund buyers
Suiball will close and repay pre-orders in USDC, according to a statement it published on X.
Suiball will close and repay pre-orders in USDC, according to a statement it published on X. USDC (USDC) is trading at $0.9996. This is an original TLT brief based on reporting by Bitcoin World, with live market data added, as of Sat, 14 Nov 2026 10:30:05 UTC.
The shutdown ends a hardware-wallet project tailored to Sui and makes USDC the settlement asset for outstanding pre-orders. Refund execution will determine how affected customers are made whole.
- Suiball confirmed it will close and return all pre-order funds.
- Refunds will be denominated in USDC rather than another asset.
- USDC traded near $1 while the broader crypto market remained weak.
- Suiball to Close Before Shipments, Refund Pre-Orders in USDC
- Suiball cancels hardware wallet launch and refunds Sui pre-orders
- Sui hardware wallet project Suiball to wind down and refund buyers — this brief
Bitcoin World reports that Suiball, a hardware wallet designed specifically for the Sui blockchain, confirmed its closure in a statement published on X on November 11, 2026. The company also said it would return all pre-order funds, with refunds issued in 
USDC.
The announcement provides no additional operational timeline in the supplied report. Its clearest commitment is that every pre-order will be refunded, using a dollar-linked stablecoin as the means of repayment. No alternate product, successor project or continuation of Suiball was identified in the available coverage.
Live data show that USDC remained close to its dollar peg, trading at $0.999624 with a 24-hour change of 0.01% and a seven-day change of -0.01%. Its reported market capitalization was $68.97 billion, while DeFiLlama listed the token’s circulating supply at $69.17 billion.
The wider crypto backdrop was weak at the time: total market capitalization stood at $2.34 trillion, Bitcoin fell 2.59% over 24 hours, and the Fear & Greed index registered 13, labelled Extreme Fear. The key item to monitor is whether Suiball completes the promised USDC refunds and whether its closure has any further implications for hardware-wallet support for Sui users.
Since this brief published about 6 hours ago, USDC (USDC) has moved from $0.9996 to $0.9996 — -0.00%.
The chart plots USDC's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 USDC ≈ ₦1,407.43 (about $0.9996), up 0.0% over 24 hours. The naira itself trades about 4.1% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · November 14, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Sui hardware wallet project Suiball to wind down and refund — questions & answers
What did Suiball announce?
Suiball said it would close the Sui-focused hardware-wallet project and return all pre-order funds in USDC.
When did Suiball announce the shutdown?
The company confirmed the decision in a statement on X dated November 11, 2026.
How much is USDC trading for?
USDC was priced at $0.999624, with a reported 24-hour change of 0.01%.
How much is 1 USDC worth in naira today?
About ₦1,407.43 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.9996. The naira price moves with both USDC's US-dollar price and the USDT/NGN rate; use our USDC in naira page for any amount.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin World. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.