Suilend Protocol (SEND)
Total Value Locked$409.93m
TVL by Chain
Sui$280.26m
borrowed$129.67m
Key Metrics
Fees (Annualized)$18.64m
Fees 30d$1.53m
Fees 7d$251,485
Fees 24h$34,762
Cumulative Fees$40.58m
Revenue (Annualized)$5.46m
Revenue 30d$447,348
Revenue 7d$52,937
Revenue 24h$8,139
Cumulative Revenue$14.17m
Holders Revenue (Annualized)$0
Holders Revenue 30d$0
Holders Revenue 7d$0
Holders Revenue 24h$0
Cumulative Holders Revenue$0
Incentives (Annualized)$0
Incentives 30d$0
Incentives 7d$0
Incentives 24h$0
Cumulative Incentives$0
Earnings (Annualized)$5.46m
Earnings 30d$447,348
Earnings 7d$52,937
Earnings 24h$8,139
Cumulative Earnings$14.17m
DEX Volume 30d$7.32m
DEX Volume 7d$203,286
DEX Volume 24h$4,575
Cumulative DEX Volume$1.933b
Market Cap$14.17m
$SEND Price$0.23
All Time High$3.98
All Time Low$0.17
Fully Diluted Valuation$23.48m
Outstanding FDV$17.61m
$SEND Volume 24h$174,573
CEX Volume$81,078
DEX Volume$92,358(52.9% of total)
Borrowed$129.67m
Total Raised$6m
Dec 5, 2024$6mRound: Investors: Robot Ventures, Delphi Ventures, Big Brain Holdings, Figment Capital, AllianceDAO, Mechanism Capital, Bodhi Ventures, Karatage, Comma3 Ventures, Mysten Labs, Starkiller Capital, Quantstamp, Side Door Ventures, Nonce Classic, MrBlock, AmbushSource: https://x.com/suilendprotocol/status/1864723110420975875
Methodology
TVL: Total value of all coins held in the smart contracts of the protocol
Fees:
Suilend: Interest and fees paid by borrowers and the liquidatedView code on GitHubSpringSui: Fees paid by those minting and redeeming SpringSui + staking rewards.View code on GitHubSpringSui Ecosystem: Fees paid by those minting and redeeming SpringSui Ecosystem LSTs + staking rewardsView code on GitHubSTEAMM: Total fees paid from swapsView code on GitHub
Revenue:
Suilend: The portion of the total fees going to the Suilend treasuryView code on GitHubSpringSui: Fees are collected by SpringSui.View code on GitHubSpringSui Ecosystem: Fees are collected by SpringSui Ecosystem.View code on GitHubSTEAMM: Percentage of swap fees going to treasury and/or token holdersView code on GitHub
Holders Revenue:
Suilend: View code on GitHubSpringSui: View code on GitHubSpringSui Ecosystem: View code on GitHubSTEAMM: Money going to governance token holdersView code on GitHub
DEX Volume: Volume of all spot token swaps that go through the protocol
Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.
Earnings: Revenue of the protocol minus the incentives distributed to users
Income Statement for Suilend Protocol
| Q4 2025* | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 | |
|---|---|---|---|---|---|---|---|---|
| Fees | $6.78m | $10.85m | $7.13m | $8.07m | $5.62m | $714,724 | $1.24m | $157,247 |
| Revenue | $2.02m | $3.02m | $2.32m | $3.57m | $2.34m | $343,028 | $424,896 | $137,072 |
| Earnings | $2.02m | $3.02m | $2.32m | $3.57m | $2.34m | $343,028 | $424,896 | $137,072 |
| Token Holder Net Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |