Suilend Restores Withdrawal Function After Elixir Team Repays Debt

According to Odaily, the Sui ecosystem lending protocol, Suilend, announced on the X platform that the Elixir team has fully repaid its USDC debt. Consequently, the previously suspended withdrawal function in the isolated lending market has been restored. Suilend had been closely monitoring the significant loss issue faced by Stream Finance, which reportedly involved a $93 million exposure, primarily linked to Elixir's deUSD.