sSUI is designed so staked SUI can stay productive.
Hold a liquid staked version of SUI, keep earning staking rewards through price appreciation, and use it across Sui DeFi.
Start stacking SUI today with the sSUI/SUI strategy.
Security has been a first-class citizen for both Bluefin and Suilend. Suilend was among the first lending protocols to build withdrawal rate limits directly into the protocol at inception, a standard we independently developed across Bluefin's own infrastructure. Their contracts have been audited by @osec_io, one of our long-standing audit partners, and formally verified by @Certora. That foundation is strong and complements our own posture.
We've spent years thinking through and refining our risk models, including liquidation engines, isolated markets, oracle integrity, and black swan event behavior, all of which we'll be leveraging to refine how risk is handled here. It will also draw on our real-time security partners, OtterSec and @AsymptoticTech, which we'll use for all enhancements and to include their verification attestations for contract upgrades.
The same engineering standards we hold at Bluefin will apply across both platforms: defense in depth from the contract layer through operations, institutional multisig custody, timelocked upgrades gated by audit-partner co-signers and a guardian pause, withdrawal limits sized to the real worst-case outflow, among the broader set of controls that make up our security standard.
sharing a big update today: bluewater labs is acquiring suilend.
we launched suilend two years ago with the goal of bringing high quality defi products to sui. it's been an intense journey, full of ups and downs, and I'm proud of what we accomplished.
we built and operated one top lending platform on sui, pioneered instant liquid staking with springsui, and cultivated a strong community around all of it.
I'm especially proud that suilend earned trust the hard way: by taking security seriously and protecting user funds over two years of live markets.
as suilend grew from a new lending protocol into a core part of sui defi, we started thinking about what the next chapter should look like. bluewater felt like the right team to take things forward.
they have a native understanding of the sui ecosystem, deep experience in defi, and a track record of operational excellence.
I'm grateful to everyone who used suilend, supported us, integrated with us, competed with us, and helped us get here.
I'm excited to see where bluewater takes things in this next chapter!
Eligibility Details
- USDC deposits must be made before July 5th, 2026 UTC 00:00 to be eligible.
- Your chances of winning will be proportional to your deposited amount and the time your funds were deposited for.
How the Giveaway Works
- The winners will be selected after the campaign ends on July 5th.
- Each address can only win the 50 sSUI prize once in the same period.
- If you win, you will be removed from the pool of potential winners.
- Winners will be airdropped the 50 sSUI prize directly after the campaign ends.
USDC Strategy Campaign - Phase 12
Deposit $100 or more into the USDC Strategy and keep it deposited until July 5th, 2026 for a chance to win 50 sSUI!
19 winners will be selected! Deposit, earn and SEND IT ⤵️
Deposit here: suilend.fi/strategies?str…
Suilend is the cheapest place to borrow SUI right now.
So cheap you get paid to borrow it. Net borrow rates are currently negative negative - the loan is the yield.
Here's how to profit 🧵
Hashi is a native Sui primitive turning ~$1T of idle $BTC into productive financial collateral.
Ahead of its global testnet launch this July, @CumberlandSays, @swissborg, and @0xfluid are the latest to join 20+ partners in the Hashi ecosystem.
The less obvious play: borrow SUI, sell it, stay long your collateral.
You get short SUI exposure for free - actually, better than free, since the position pays you to hold it.
A hedge that earns instead of costs.
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