SUI Group Holdings increased its Bluefin lending agreement to 6 million SUI as capital supports Bluefin’s role in financing the Suilend acquisition.
2026/06/27
Increased Revenue Share to 11% Deepens SUIG’s Recurring On-Chain Yield and Seeks to Build Role as a Capital Partner to Leading Sui ProtocolsWAYZATA, Minn.--(BUSINESS
2026/06/25
PANews reported on November 5th that Sui ecosystem lending protocol Suilend announced on the X platform that the Elixir team has repaid all USDC debts, and the previously isolated lending market withdrawal function has been restored. SuiLend previously stated that it was closely monitoring the massive losses at Stream Finance, which reportedly suffered its largest single exposure of $93 million in losses, involving Elixir's deUSD.
2025/11/05
DeFi lending protocol Suilend has taken precautionary measures in response to a major loss reported by Stream Finance, which is having ripple effects in the Sui ecosystem. One of the worst hit was Elixir, a protocol that appears to have borrowed against assets linked to Stream Finance’s xUSD, a dollar-pegged stablecoin-like asset. Suilend takes action […]
PANews reported on November 4 that Sui ecosystem lending protocol Suilend posted on the X platform that it is closely monitoring the massive losses of Stream Finance. It is understood that the largest single risk exposure of its $93 million loss is Elixir's deUSD, in which the protocol lent $68 million USDC to Stream, accounting for about 65% of the total deUSD reserves. SuiLend added that deposits and withdrawals to the Elixir marketplace on its platform are currently suspended, and the company has contacted the Elixir team to request loan repayments. SuiLend's other lending marketplaces remain unaffected and safe. According to previous reports , analysts said that Stream Finance's $93 million loss could result in a risk exposure of more than $285 million.
2025/11/04
SUI is rebounding strongly after recent market turbulence, trading at $2.80 with an 11% gain in 24 hours. With a market cap of $10.15 billion and surging DeFi action across platforms such as Suilend, Navi, and Momentum, the altcoin is gaining steam as it looks towards the next resistance level of $4.33. The cryptocurrency is […]
2025/10/13
The post Sui TVL Hits Record $2.6 Billion Amid DeFi Growth appeared on BitcoinEthereumNews.com. The growth is being driven by rising liquidity on DeFi protocols like Suilend and Momentum. Sui, a layer 1 (L1) blockchain, reached a new all-time high in total value locked (TVL) of $2.6 billion on Thursday, according to data from DeFiLlama. The figure marks a 37% increase from one month ago and a 160% jump from a year earlier, when TVL stood at around $1 billion. Sui recently surpassed $156 billion in decentralized exchange (DEX) volume, and is the sixth-largest chain by 24-hour trading volume, per CoinGecko Meanwhile, the blockchain’s native token is changing hands at $3.39 with a market capitalization of over $12.2 billion, an 80% increase over the past year, according to CoinGecko. The milestone reflects Sui’s expanding presence in the decentralized finance (DeFi) sector as newer L1 networks continue competing for liquidity and on-chain activity. The increase has been fueled by growing liquidity across DeFi protocols such as Suilend, Navi, and Momentum, which have drawn more users and deposits in recent weeks. Suilend currently ranks as the largest protocol on Sui, with $745 million in TVL, up 11% over the past month. Navi follows with $723 million, a 14% monthly increase. Momentum takes third place with $551 million, marking a 249% rise over the same period. This comes amid broader growth across the DeFi ecosystem, fueled by rising activity in lending, borrowing, and token trading. Total DeFi TVL has more than doubled over the past year, climbing 104% from $85 billion in October 2024 to $175 billion today, according to DeFiLlama. Sui has also announced several partnerships this year that have attracted users to its ecosystem. In March, the blockchain revealed a strategic collaboration with World Liberty Financial (WLFI), a DeFi project linked to President Donald Trump. WLFI issues the USD1 stablecoin, which currently ranks as the…
2025/10/10
The post Citadel Introduces SuiBall: A Revolutionary Sui-Native Hardware Wallet appeared on BitcoinEthereumNews.com. Peter Zhang Oct 02, 2025 03:48 Citadel Wallet unveils SuiBall, a Sui-native hardware wallet, offering clear signing and deep integration with the Sui ecosystem, setting new standards for crypto security. Citadel Wallet, a prominent name in crypto hardware design, has announced the launch of SuiBall, the first hardware wallet designed specifically for the Sui blockchain. The announcement was made during SuiFest, a live event celebrating advancements within the Sui ecosystem. According to Sui Foundation, SuiBall aims to provide a seamless and secure user experience, integrating deeply with Sui’s features and applications. A New Standard for Hardware Wallets The SuiBall wallet introduces ‘clear signing’, a feature that allows users to view and understand transaction details before approval, addressing the security risks associated with traditional ‘blind signing’. This innovation ensures transparency and empowers users by providing a fully human-readable interface. Suiball supports all native Sui assets, including NFTs and DeFi platforms such as Suilend and Bluefin, and has plans to expand into gaming and payments. Adeniyi Abiodun, co-founder and CTO of Mysten Labs, highlighted SuiBall’s role in enhancing transaction transparency, crucial for the growing BTCfi and other high-value applications across the Sui network. With nearly 30% of Sui’s total value locked (TVL) comprising BTC assets, Suiball is positioned to facilitate secure and transparent interactions within the DeFi landscape. Turning Vision into Reality SuiBall represents a significant step forward in crypto hardware, combining advanced security features with a user-friendly design. Andy Kulikyan, Founder at Citadel Wallet, emphasized the device’s role in setting new standards for Web3 personal devices. By integrating secure hardware with Sui’s blockchain capabilities, Suiball provides users with the tools needed for confident asset management. The launch of SuiBall marks a pivotal moment for secure crypto devices, as it promises to deliver a…
2025/10/04
The post Citadel Wallet unveils Suiball, a hardware wallet built for the Sui blockchain appeared on BitcoinEthereumNews.com. Citadel Wallet has unveiled Suiball, the first hardware wallet designed specifically for the Sui blockchain. Summary Suiball uses clear signing to display all transaction details in a human-readable format, reducing the risks of blind signing. The wallet supports native Sui assets such as WAL, DEEP, NS, and NFTs, and integrates with DeFi platforms including Suilend, Bluefin, Cetus, and Ika. Suiball provides native Bitcoin support and will expand in the future to include gaming and payment applications. Citadel Wallet, a leading developer of crypto hardware solutions, has unveiled Suiball, the first hardware wallet built specifically for the Sui (SUI) blockchain. Announced during SuiFest, Suiball aims to provide a secure, user-friendly experience for the next generation of crypto users. Suiball introduces “clear signing,” a feature designed to eliminate the risks associated with traditional blind signing. Unlike legacy wallets where users approve transactions without fully understanding them, clear signing displays every detail of a transaction in an intuitive, human-readable format. This ensures that users know exactly what they are authorizing, adding a new layer of security to digital asset management. “With clear signing, Suiball offers a level of transaction transparency that is essential as BTCfi and other high-value use cases grow across the network,” said Adeniyi Abiodun, co-founder and CTO for Mysten Labs, the original contributor to Sui. Deep Sui ecosystem integration Suiball supports all native Sui assets, including WAL, DEEP, NS, as well as NFTs. It also integrates with the broader Sui ecosystem. It’s compatible with popular DeFi platforms on Sui, including Suilend, Bluefin, Cetus, and Ika, while also supporting native Bitcoin (BTC) and BTC-focused DeFi products. With roughly 30% of Sui’s total value locked in BTC assets, these integrations position Suiball as a key tool for managing high-value holdings and participating in cross-chain applications. In the future, Citadel Wallet plans to…
2025/10/02
Citadel Launches SuiBall, the First Sui-Native Hardware Wallet