The Sui blockchain hasn’t yet catapulted into the bull-run conversation. But its DeFi ecosystem is trending up and to the right, creating an opening for one of its biggest protocols to capitalize.

Suilend, which facilitates crypto borrowing and lending on Sui, raised $2 million in February and just closed on an additional $4 million, its pseudonymous founder Rooter told CoinDesk. The funding trove will allow Suilend to weather potential market shifts, he said.

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Author: Danny Nelson

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