Suilend pauses deposits and withdrawals specifically in its Elixir Isolated Market in response to a major loss reported by Stream Finance
By Cryptopolitan
DeFi lending protocol Suilend has taken precautionary measures in response to a major loss reported by Stream Finance, which is having ripple effects in the Sui ecosystem. One of the worst hit was Elixir, a protocol that appears to have borrowed against assets linked to Stream Finance's xUSD, a dollar-pegged stablecoin-like asset.
