Suilend
Suilend
SUI-3.29%
Q2 HIGHLIGHTS Q2 was a breakout quarter for Sui’s DeFi Suite. With more onchain activity, protocol upgrades, and major product launches, Suilend has cemented its role as the backbone of DeFi on Sui. Here’s a recap of the key milestones and achievements 🧵
Gallery 1
1) 200M SUI TVL - A New All-Time High Suilend surpassed 200 million SUI in TVL, reinforcing its position as the largest and most trusted DeFi platform on Sui. This milestone reflects Suilend's strong growth and the growing maturity of the Sui DeFi ecosystem overall.
Gallery 1
2) 0% Borrow Fees In a major step toward capital efficiency, we eliminated borrow fees entirely. Users can now borrow against their assets with 0% fees making Suilend the most cost-effective borrowing platform on Sui.
Suilend
Suilend
Sui Summer came early. Suilend borrow fees are now 0%! No fees. No friction. 🧵
Gallery 1
4) SpringSui: LST Creator Tool In May, @springsui_ launched a permissionless LST creator, allowing anyone to spin up a liquid staking token in minutes. Since then, 200+ LSTs have launched, amassing over $10M in TVL - a major step toward making staking on Sui accessible to all.
Suilend
Suilend
SPRINGSUI IS NOW PERMISSIONLESS We're thrilled to announce the next phase of SpringSui! SpringSui is now permissionless, allowing ANYONE to create a Sui LST. Learn how to create your own LST today with @springsui_ ⤵️
5) oshiSUI - 1st Public Company-Issued LST 6) Gumi, a publicly listed Japanese gaming firm, launched oshiSUI via SpringSui - the first LST on Sui issued by a public company. As of June 30, oshiSUI has surpassed 1M SUI staked ($2.7M) and is the top LST by deposits on Suilend.
SpringSui
SpringSui
Introducing oshiSUI by @gumi_oshi3_en! Oshi Staked SUI is the LST powering the OSHI gaming ecosystem on Sui. Stake oshiSUI:
Gallery 1
6) STEAMM: Token Launcher @steammfi, Sui's first Superfluid AMM, has launched its permissionless Token Launcher. It offers the easiest way to launch a token or create a liquidity pool on Sui - no coding required. Get started at .
Gallery 1
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.