suiUSDe Live on AlphaFi Lend Market

Summary

The Upside community is being informed that the suiUSDe market is now live on AlphaFi Lend. SuiUSDe is a synthetic dollar created with Ethena to hold a dollar value while bringing external yield onto the Sui ecosystem. This launch is significant as it introduces a new yield-bearing stablecoin mechanism to the platform.

New market live on AlphaFi Lend

eSui Dollar (suiUSDe)

eSui Dollar (suiUSDe) is a synthetic dollar built in collaboration with Ethena, designed to maintain a dollar value while bringing externally generated yield onchain to the Sui ecosystem.

Support the X post
https://x.com/AlphaFiSUI/status/2022043750995050770

Image available on Discord

6 views

The latest from The Upside