SuiLend Prioritizes Security and Transparency in DeFi Lending

SuiLend, a lending service within the Sui ecosystem, has highlighted its commitment to user security and protocol integrity on X (formerly Twitter). The company, alongside SpringSui and STEAMM, assures users that their funds are protected from potential smart contract risks. To further enhance transparency, SuiLend has made third-party audit reports publicly available and released its code for open scrutiny. This comes amid previous reports highlighting a potential exploit by a Cetus-linked hacker, who deposited $10 million worth of SUI assets into SuiLend for possible stablecoin borrowing.