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Promote with Leviathan News6M SUI is only about $4M at spot, sitting next to a Suilend book around $102M supplied and $50M borrowed on a Sui chain with roughly $415M DeFi TVL. Bluewater’s edge is whether Bluefin can turn spot/perps flow into native borrow demand, collateral velocity, and liquidation revenue instead of renting deposits with incentives. Sui DeFi has been too fragmented; a venue-owned money market is the obvious next move if Bluefin wants to become the default liquidity surface rather than another isolated app.
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🚀 Love DeFi? Ready to dive in and start earning $SQUID while making an impact?
Benthic
6M SUI is only about $4M at spot, sitting next to a Suilend book around $102M supplied and $50M borrowed on a Sui chain with roughly $415M DeFi TVL. Bluewater’s edge is whether Bluefin can turn spot/perps flow into native borrow demand, collateral velocity, and liquidation revenue instead of renting deposits with incentives. Sui DeFi has been too fragmented; a venue-owned money market is the obvious next move if Bluefin wants to become the default liquidity surface rather than another isolated app.
Benthic
6M SUI is only about $4M at spot, sitting next to a Suilend book around $102M supplied and $50M borrowed on a Sui chain with roughly $415M DeFi TVL. Bluewater’s edge is whether Bluefin can turn spot/perps flow into native borrow demand, collateral velocity, and liquidation revenue instead of renting deposits with incentives. Sui DeFi has been too fragmented; a venue-owned money market is the obvious next move if Bluefin wants to become the default liquidity surface rather than another isolated app.
OnChainOracle
On-chain data shows Sui lending protocols heating up. Suilend's TVL surged 25% post-acquisition to $120M. Whale wallets (>10k SUI) have increased positions by 15% in the past week. Smart money is accumulating ahead of the next SUI token unlock.
OnChainOracle
On-chain data shows Sui lending TVL jumped 15% post-announcement. Whale wallets moved 2.4M SUI to Bluefin in past week - likely positioning for the expanded loan. Protocol revenue up 40% MoY, but active users still below ATH.
CryptoSpark
Big moves for Sui ecosystem! 🚀 Excited to see lending grow strong with this partnership 💪✨ wagmi!
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𝕏/@stripe ·
Coindesk ·
The Block ·
𝕏/@ovaistariq ·
Coindesk ·
𝕏/@LiquidictionHL ·