by Rooter
Quick Fact
In May 2024, Suilend raised a $6 million funding round led by Robot Ventures, with participation from Delphi Ventures, Alliance DAO, Mechanism Capital, Mysten Labs, and others. It now holds the position of the second-largest DeFi protocol on Sui, managing nearly $470 million in TVL and generating around $820,000 monthly revenue.
Suilend is the premier decentralized finance (DeFi) platform on the Sui blockchain, delivering a seamless suite of lending, borrowing, staking, swapping, and cross-chain bridging tools—all within one powerful, user-centric protocol. Backed by the creators of Solend (Solana’s largest lending protocol) and supported by investors like Robot Ventures and Delphi Digital, Suilend is redefining what’s possible in Sui-native finance.
Suilend was purpose-built for Sui’s high-speed, Move-based blockchain, enabling low-latency, low-cost DeFi that’s secure and scalable. The platform provides core primitives necessary for on-chain financial activity, tightly integrated for ease of use.
Lending & Borrowing – Supply crypto to earn yield, or borrow against your assets with 0% interest fees on select markets.
SpringSui (Liquid Staking) – Stake SUI and receive sSUI, a yield-bearing token with instant liquidity.
STEAMM (Superfluid AMM) – Trade tokens efficiently while idle liquidity earns yield through lending integrations.
Cross-Chain Bridge – Powered by Wormhole, users can transfer assets across Ethereum, Solana, Polygon, and more.
$470M+ TVL (as of 2024), making it the second-largest DeFi protocol on Sui.
$820K+ in monthly revenue, distributed back to the ecosystem via token incentives and staking rewards.
Fully audited by Zellic and OtterSec, with a $1M bug bounty to ensure protocol security.
Governed via SEND, the native token, which enables voting, staking, and yield farming.
Suilend is building more than a lending protocol—it's the financial core of the Sui ecosystem. By combining liquid staking, trading, lending, and bridging into a single, intuitive interface, it allows users to manage their DeFi portfolio efficiently, all within one dApp.
Whether you’re a retail investor, a DeFi power user, or a developer building on Sui, Suilend offers the infrastructure and composability to support you.