Suilend crossed $10M in USDsui deposits on its main market offering 9.69% yield, while Aftermath Finance launched afLP pre-deposits and Turbos introduced bonus rewards for SUI-USDsui pool.
DeFi & Yields ·
Three Sui-based lending and liquidity protocols marked protocol milestones in late July 2026. Suilend reached $10 million in USDsui deposits on its main market, offering depositors up to 9.69% native stablecoin yield. Aftermath Finance and Turbos Finance moved to expand their respective offerings: the former opened pre-deposits for its afLP token in USDC ahead of Perps v2 launch, bundling early depositors with points and rewards; the latter rolled out bonus rewards tied to Sui Dollar yield on its SUI-USDsui trading pair to increase liquidity depth.
The updates reflect ongoing competition among Sui DeFi platforms to attract capital into stablecoin and liquidity pair markets. Suilend's deposit crossing reflects demand for native yield on the USDsui asset, while Aftermath and Turbos are using pre-launch incentives and pool bonuses to lock in liquidity providers ahead of product launches or upgrades.
What remains unclear is whether these deposit and pre-deposit volumes will sustain beyond their initial phases, or how the bonus structures will affect longer-term yield stability for participants.