AlphaLend
AlphaLend is a decentralized, non-custodial lending and borrowing protocol built on the SUI blockchain. It allows users to earn interest on deposited assets and borrow against their deposited assets without intermediaries. The protocol is designed to be composable, efficient, and secure, enabling developers and users to access core DeFi primitives in a trustless manner.
Overview
AlphaLend is a decentralized, non-custodial lending and borrowing protocol built on the SUI blockchain. It allows users to earn interest on deposited assets and borrow against their deposited assets without intermediaries. The protocol is designed to be composable, efficient, and secure, enabling developers and users to access core DeFi primitives in a trustless manner.
- Sector
- # Lending
- Ecosystem
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Team
Team information has not been disclosed.
Funding history
0 disclosed roundsNo disclosed funding records.
Related news
Market updates
AlphaFi enters maintenance mode and begins an orderly shutdown, saying bad debt has been fully covered
BlockBeats cited an AlphaFi announcement as saying that the Sui ecosystem lending protocol has entered maintenance mode, stopping new deposits and loans while maintaining withdrawals. The announcement said that ALPHA bad debt caused by collateralized borrowing has been fully covered, and users need to close their positions and withdraw their assets.
People updates
No related people updates.