Decentralization lending protocol Suilend completed a $4 million financing round led by Robot Ventures. Suilend is the second largest Decentralized Finance protocol on the SUI on-chain, with a total lock-up volume of nearly $470 million and revenue of nearly $820,000 in the past 30 days. The team plans to launch a new Token SAVE and continuously expand its product suite. The founder of Suilend stated that the development efficiency of the SUI chain is high, and the team can build three protocols in one year, which is almost impossible to achieve.
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Decentralization lending protocol Suilend completed a $4 million financing round led by Robot Ventures. Suilend is the second largest Decentralized Finance protocol on the SUI on-chain, with a total lock-up volume of nearly $470 million and revenue of nearly $820,000 in the past 30 days. The team plans to launch a new Token SAVE and continuously expand its product suite. The founder of Suilend stated that the development efficiency of the SUI chain is high, and the team can build three protocols in one year, which is almost impossible to achieve.