Sui Ecosystem Lending Protocol

Sui lend stated on platform X that it is closely monitoring the significant loss issue of Stream Finance. It is reported that the largest single risk exposure of its $93 million loss belongs to Elixir's deUSD, which lent $68 million USDC to Stream, accounting for approximately 65% of deUSD's total reserves.

SuiLend added that the deposit and withdrawal functions for the Elixir market on its platform have been suspended, and it has contacted the Elixir team to request loan repayment. Other lending markets of SuiLend remain unaffected and are still secure.