SuiLend: Closely monitoring the massive losses at Stream Finance, and has contacted Elixir to request loan repayment.


Sui Ecological Lending Agreement Suilend stated in a post on X platform that it is closely monitoring the issue of huge losses in Stream Finance. It is reported that the largest single risk exposure of its $93 million loss belongs to Elixir's deUSD. The agreement lent $68 million USDC to Stream, accounting for about 65% of the total reserve of deUSD.