Token Vitals

    Crypto Health Check Platform

    Blog
    Back to home

    Suilend

    SEND

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    06.010
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:May 13, 2025 (v2)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    Overall Analysis

    SEND (Suilend) benefits from strong on‐chain development activity, robust CI practices, and clear release discipline, positioning it as an early DeFi lender on the low‐fee, high‐throughput Sui chain. Community support is solid within niche DeFi circles, particularly on Discord and Twitter, though broader outreach (Telegram, Reddit) remains limited. The protocol’s market fit is credible—permissionless lending with competitive yields—but it faces stiff competition from established players and emerging Sui‐native rivals.

    However, tokenomics transparency is lacking (no clear supply caps, vesting schedules, or emission details), raising dilution and centralization concerns. The core team’s anonymity and reliance on a multi‐sig treasury introduce governance risks, while the absence of formal third‐party audits and bug bounties results in a low security score.

    Strengths:

    • Sustained development velocity (7/10) with audited basic CI/tests
    • Niche community engagement and governance participation
    • First‐mover advantage on Sui’s lending market

    Weaknesses:

    • Opaque token supply/emission and vesting schedules (5/10)
    • Pseudonymous team, multi‐sig centralization (6/10)
    • No formal security audits or bug bounty program (3/10)

    Bottom Line: SEND shows promise in execution and demand but carries significant tokenomic and security risks that warrant caution.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    07.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    06.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    05.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.010

    Security & Audits

    Security history and audit status

    RiskReturn
    03.010

    About Suilend (SEND)

    Suilend (SEND)

    Suilend is a decentralized lending protocol built on the Sui blockchain. The SEND token powers governance, protocol incentives and liquidity mining within the Suilend ecosystem.

    Overview

    • Name: Suilend
    • Symbol: SEND
    • Network: Sui Blockchain

    Suilend enables users to supply crypto assets and earn yield, or to borrow assets by posting collateral. The protocol leverages Sui’s high-throughput architecture to offer fast, low-cost transactions.

    Key Features

    • Decentralized Lending: Permissionless supply and borrow markets on Sui.
    • Yield Optimization: Competitive interest rates driven by real-time supply and demand.
    • Governance: SEND holders vote on protocol parameters, fee structures and upgrade proposals.
    • Incentives: Liquidity miners earn SEND rewards for contributing assets to lending pools.

    Use Cases

    1. Earn Interest: Deposit supported tokens to receive variable yield.
    2. Collateralized Loans: Borrow assets against supplied collateral without intermediaries.
    3. Protocol Governance: Stake SEND to propose and vote on network upgrades.

    Explore Suilend’s official documentation and dashboard to get started with SEND on the Sui blockchain.

    Similar Rated Tokens

    More for DeFi Investors

    • Yield Farming Analysis: Discover the best tools and strategies for maximizing your returns from yield farming in DeFi.
    • AI vs Fundamentals: See how Token Vitals combines AI crypto price prediction with fundamental analysis for a balanced investment perspective.
    • Risk Scores Explained: Learn how our crypto risk scores differ from traditional credit scores and what that means for your portfolio.
    • On-Chain Metrics: Understand which on-chain metrics matter most when investing in tokens and how to use them effectively.
    • US Investor Analytics: Access crypto analytics designed for US investors, including features to help with tax tracking and compliance.
    • Finding Value: Explore our data-driven lists to uncover top undervalued DeFi tokens for 2025 and beyond.