Suilend Price

Suilend (SEND) is a decentralized finance (DeFi) cryptocurrency operating on the Sui Network. Launched in 2024, it aims to provide lending and borrowing services within the Sui ecosystem. Suilend has a total supply of 100M SEND tokens, with 48.72M SEND currently in circulation. As of 2025-07-09, Suilend is ranked #937 on CoinMarketCap with a price of $0.4462 and a 24-hour trading volume of $240.87K. The token's market capitalization stands at $21.73M, with a fully diluted valuation of $44.62M. Suilend has shown significant volatility, with a 24-hour price change of +1.38%. The project's focus on DeFi and lending services positions it as a potential key player in the growing Sui ecosystem, offering users new opportunities for yield generation and asset management within the blockchain space.

Suilend was created on March 10, 2024. It was launched as a cryptocurrency operating on the Sui Network platform. Since its inception, Suilend has gained traction in the decentralized finance (DeFi) space, particularly in the lending and borrowing sector. The project aims to provide innovative financial services within the Sui ecosystem, leveraging the MoveVM (MVM) technology. As of 2025-07-09, Suilend has established itself as a notable player in the DeFi landscape, with a current market cap of $21.73M and a circulating supply of 48.72M SEND. The token's creation marked an important milestone in the expansion of DeFi capabilities on the Sui Network, offering users new opportunities for lending and borrowing within this blockchain ecosystem.

The founders of Suilend (SEND) are not publicly disclosed. The project was launched in March 2024 on the Sui Network platform as a decentralized finance (DeFi) protocol focusing on lending and borrowing. While the team behind Suilend remains anonymous, they have established a strong presence in the Sui ecosystem. The project's development and governance are community-driven, with decisions made through a decentralized autonomous organization (DAO) structure. This approach aligns with the principles of decentralization and community ownership that are central to many Web3 projects. For the latest updates and information about the project's leadership, interested parties can follow Suilend's official Twitter account @suilendprotocol or join their Discord community.

Suilend operates on the Sui Network platform as a decentralized finance (DeFi) token. It functions within the lending and borrowing ecosystem, allowing users to lend and borrow assets on the Sui blockchain. Suilend utilizes the MoveVM for smart contract execution, ensuring efficient and secure transactions. The token has a total supply of 100M SEND SEND, with 48.72M SEND currently in circulation. Suilend's price is $0.4462, with a market cap of $21.73M. The token's value can fluctuate based on market demand and the platform's performance. Users can trade Suilend on various decentralized exchanges and participate in the Suilend protocol to earn rewards or access lending services. As a part of the Sui ecosystem, Suilend benefits from the network's scalability and low transaction costs, making it an attractive option for DeFi enthusiasts.

Suilend operates on the Sui Network, a high-performance Layer 1 blockchain. It utilizes the Move programming language, which offers enhanced security and flexibility. The architecture includes a distributed ledger, consensus mechanism, and smart contract functionality. Suilend tokens are minted and managed through smart contracts on the Sui Network. The system employs a Proof-of-Stake consensus algorithm for transaction validation and network security. Suilend's design prioritizes scalability, allowing for fast and low-cost transactions. The token's supply is capped at 100M SEND, with 48.72M SEND currently in circulation. This architecture enables Suilend to support various DeFi applications, particularly in lending and borrowing services within the Sui ecosystem. The platform's efficiency and security make it well-suited for handling complex financial operations and smart contract executions in the decentralized finance space.

The future of Suilend looks promising. The project aims to become a leading DeFi lending platform on the Sui Network. Key roadmap milestones include: 2025: Expand lending markets, introduce new collateral types, and enhance yield optimization strategies. 2026: Launch cross-chain lending capabilities, allowing users to borrow assets from other blockchains. 2027: Implement advanced risk management features and introduce decentralized insurance options for lenders. 2030: Develop AI-powered lending algorithms to optimize interest rates and reduce default risks. Suilend also plans to increase its total value locked (TVL) significantly, aiming to reach $1 billion by 2027. The team is focused on improving user experience, security, and scalability. With its innovative approach to DeFi lending and strong community support, Suilend is well-positioned for long-term growth in the evolving crypto landscape. As adoption of the Sui Network grows, Suilend is expected to play a crucial role in its DeFi ecosystem.