Introduction to Suilend & SEND

Suilend is the largest lending protocol on Sui, built by the team behind Solend. With years of experience navigating the toughest crypto markets, the Suilend team has designed Sui's DeFi Suite: offering lending, infinite liquid staking via SpringSui, and a Superfluid AMM with STEAMM.

With Suilend, you can do the following:

• Earn interest

• Borrow

• Leverage long

• Short

• Swap

• Liquid Stake SUI (with SpringSui)

• Provide Liquidity (with STEAMM)

Since launching in March 2024, Suilend has rapidly become the #1 DeFi protocol on Sui. In December 2024, we introduced SEND, our token, through the pioneering mdrop mechanism and represents our efforts across Suilend, SpringSui and STEAMM . SEND holders will play a key role in shaping the future of Suilend, with the ability to participate in governance decisions for the upcoming Suilend DAO. Additionally, they stand to benefit from potential revenue-sharing, further aligning incentives between the protocol and its community.

In January 2025, Suilend & SpringSui achieved $1 billion in total TVL and now boasts over 50,000 monthly active wallets (MAW). In February 2025, we launched STEAMM, our Superfluid AMM, in beta—seamlessly integrating deep liquidity and lending functionality with Suilend.

Suilend is backed by leading firms such as Robot Ventures, Delphi Ventures, DeFi Alliance, Mechanism Capital, and Karatage, alongside prominent angels including Mert, Balaji, and DCFGod.