Suilend, a lending platform on the Sui blockchain, has surpassed $500 million in total value locked (TVL), making it the largest decentralized finance (DeFi) platform on the network, according to DeFiLlama data . SpringSUI, Suilend’s native liquid staking platform, and its ecosystem liquid staking tokens (LSTs) played a major role in this milestone, contributing $290 million in TVL. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
