The capital market for global tokenized yield Backed by @SuiFoundation Risk management: @AllezLabs
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Current has successfully passed Sui Security control and we welcome all users to surf the Current with the best security and APR on @SuiNetwork
Surf here:
app.current.finance/lend
Following the Sui Security Team’s identification of and assistance with the resolution of @AlphaFiSUI 's misconfiguration of their ALPHA oracle and subsequent creation of bad debt, AlphaFi is winding down operation of their protocol.
Sui Foundation has made the decision to provide assistance in order to ensure that the protocol is wholly solvent. No user funds are impacted.
Withdrawals are open. If you are holding any existing borrow positions, you may unwind and withdraw your assets from AlphaLend.
For Slush users, you may withdraw your generated yield and principle from USDC, SUI, WAL and DEEP Strategies with no wait period. Should you currently have a withdrawal request pending, please cancel and withdraw again to receive your funds instantly.
Sui Security Team’s security tooling aided in the identification of this misconfiguration. Following the tool’s formal launch later this fall, it will be available as a public good to all DeFi protocols on Sui.
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Current retweeted
RWAs. Perps. Prediction markets. The DeFi stack is getting more sophisticated.
Meet the speakers building it at Sui Basecamp:
- @zabimx, @bluefinapp
- @chrisrevault, @CurrentSUI
- @elliscopef, @navi_protocol
- @Joethebeast1221, @WaterX_app
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The current is going strong.
Check data in detail here.
allez.xyz/dashboards/current…
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Check it out!
2/ Under the hood, our lending vault integrates multiple lending venues across Sui:
including @navi_protocol, @CurrentSUI, @suilendprotocol, @Scallop_io and @AlphaFiSUI, with Cetus Vault serving as a buffer pool for more flexible liquidity management.
The strategy continuously adjusts allocations based on market conditions, protocol performance and available liquidity.
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The 1 stands for $100M total supply
USDC on Sui 👀
@CurrentSUI’s sUSN Market currently displays 9.9% supply APR.
Deposit here : app.current.finance/lend
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Check details here
the full Current page, similar for our other partners
current.asymptotic.tech/lend…
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Current retweeted
Just read this post by the Sui security team, and fully agree.
We've been applying these principles with our partners for a while now:
1. Rule out problems before production -- Move is great here; on the smart-contract layer, our partners' releases are gated by our FV+audit
2. Keep review evidence with the code -- package versions, code, and our FV+audit findings are connected as (package, commit, findings) triples
3. Keep watching after deployment -- both mainnet and github are continuously monitored; whenever the team changes code, our platform automatically updates the FV and surfaces any problems
4. Put attention where the consequences are greatest -- a lot can be done here; for now, our agentic FV+audit infra has deep work prioritization built-in; a run is not a yes/no binary, effort scales with the risk profile of the protocol
Looking forward to more of this reporting moving on-chain (attestations) and surfaced in MVR
Audits matter, but they can't do it all.
Security should be part of the platform: prevent problems before launch, verify what runs onchain, track changes, and focus response where value is most exposed.
That’s what Sui is building toward. Learn more ↓
sui.io/blog/security-should-…
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Current Season 2 Update >>
8500 Current Points -> 1 Surf Board NFT
Season 2 is ending in 36 days, hop while the wave is still ashore!
>>Current Point Season 2
46,000 $SUI and 5,000,000 $CRT up for grabs.
🏄 Surf Boards are your ticket to Season 2 rewards.
Mint Surf Boards with your Current Point in Season 2.
Earn Points
↓
Mint Surf Boards NFT
↓
Stake Surf Boards
↓
Mine $SUI + $CRT from rewards pool
The beach is open. Surf Board is coming soon.
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Chris’s got a point.
Deposit here:
app.current.finance/lend
USDC on Sui 👀
@CurrentSUI’s sUSN Market currently displays 9.9% supply APR.
Deposit here : app.current.finance/lend
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Now protocol monitoring dashboard is directly accessible from the footer of app.current.finance
Check it out
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Just the tip of what @SuiNetwork can become. Heads down. Builder mode on.
Stablecoin growth by chain, past 7 days.
@arbitrum One led growth this past week with (+$193.4M) and @Ethereum in 2nd place adding (+$181.4M), @RobinhoodApp Chain made 3rd with +$93.9M.
Via @tokenterminal.
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Now latest Audit report and Formal Verification with @AsymptoticTech covering Current's latest oracle upgrade has been added and accessible to the public.
Visit here:
current.asymptotic.tech/lend…
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