Solend, a leading lending platform on the Solana blockchain, has unveiled its latest project in collaboration with Sui. The newly introduced DeFi lending and borrowing protocol, named "Suilend," leverages Sui's scalable blockchain architecture to cater to the rapidly expanding DeFi landscape.
Sui Blockchain Architecture Collaboration with Solend Highlights the Need for Scalability in DeFi
Sui's blockchain architecture is tailored for scalability, a crucial feature in supporting the exponential growth of DeFi platforms. This partnership with Solend underscores the importance of scalability in accommodating the increasing demands of the DeFi ecosystem.
Suilend: A Breakthrough in DeFi Protocols Leveraging Sui's Performance and Move Programming Language
Suilend marks a significant advancement in DeFi protocols. Built using the Move programming language, it harnesses Sui's high performance and advanced tooling capabilities to provide users with efficient lending and borrowing services.
Solend: Leading Lending Protocol on Solana with $212M TVL and Over 170K Users
Solend boasts a formidable position as the ninth largest protocol on Solana, with a substantial total volume locked of $212 million. With over 170,000 users engaging in borrowing and lending across a diverse range of asset types, Solend stands out as a leading lending protocol on the Solana blockchain.
Sui Blockchain-Powered DeFi Protocols See Explosive Growth, Reaching Over $500M in TVL in Just 10 Months
DeFi protocols on Sui have experienced rapid growth, surpassing $500 million in total volume locked within just 10 months of its launch. This rapid expansion underscores the increasing popularity and adoption of DeFi solutions built on Sui's blockchain infrastructure.
Suilend Seeks to Revolutionize DeFi with Sui and Move Tools, Enabling Developers to Build 'Rocket Ships' in the Space
Rooter, the founder of Solend, envisions Suilend as a platform for building "rocket ships" in the DeFi space. By harnessing the advanced tools provided by Sui and Move, Suilend aims to revolutionize DeFi protocols, enabling developers to create innovative solutions with unparalleled efficiency.
Suilend Mainnet Launch Opens for Beta Pass Holders, Inviting Early Adopters to Shape the Platform
Suilend's mainnet launch is currently accessible to beta pass holders, offering early users the opportunity to experience the platform firsthand and contribute to its development.