SuiLend Prioritizes Security and Transparency in DeFi Lending

According to Odaily, SuiLend, a DeFi lending service within the Sui ecosystem, emphasized its commitment to user safety and protocol integrity on the X platform. The company, along with SpringSui and STEAMM, assured users that their funds are protected from smart contract vulnerabilities. To enhance transparency, SuiLend has released third-party audit reports and open-sourced its code. Previously, reports indicated that a hacker associated with Cetus had deposited $10 million worth of SUI assets into SuiLend, potentially with the intention of borrowing stablecoins.