Aave vs Suilend

How Aave vs Suilend compare on our ratings, lending protocol specs, funding, pros and cons.

Aave4.0/5
VS
Suilend3.8/5
Feature
Ratings
Our score4.0/53.8/5
User ratingNo reviews yetNo reviews yet
Security & track record3.54.0
Rates3.53.5
Market depth5.04.0
Ease of use3.54.0
Decentralization4.53.5
Specs
KYC required No No
Lending modelPooledPooled
ChainsEthereum, Base, Arbitrum, Avalanche, BNB Chain, OtherSui
Main collateral assetsUSDC, USDT, WETH, wBTC, LINK, wstETH, cbBTC, GHO, AAVE, ETH-correlated assetsSUI, sSUI, USDC, USDsui, PPLUS, HIGH, eEARN
Flash loans YesNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty YesNot disclosed
Governance tokenAAVESEND
Isolated markets Yes Yes
Real-world-asset collateral Yes Yes
Own stablecoin Yes No
RatesVariableVariable
Company
Founded20172024
HeadquartersFinland—
InvestorsBlockchain Capital, Framework Ventures, Standard CryptoRobot Ventures, Alliance, Ambush, Big Brain Holdings +12
Strengths and weaknesses
Pros
  • $18.006B combined TVL in October 2026
  • Operates across 23 blockchain networks
  • Non-custodial wallet-based access
  • V3 includes Isolation Mode and Efficiency Mode
  • No KYC verification required to supply or borrow assets
  • Raised $6M from investors including Robot Ventures and Delphi Ventures
  • Supports tokenized real-world assets including Bitwise PPLUS and HIGH
  • Holds public security audits and an A grade on CertiK Skynet
Cons
  • Variable borrowing rates can rise with market utilisation
  • Liquidation can sell collateral after health-factor deterioration
  • Smart contract and oracle risks remain
  • Collateral depends on external bridges and asset issuers
  • Restricted entirely to the Sui blockchain ecosystem
  • Real-world asset collateral carries issuer dependency and off-chain credit risks
  • Variable interest rates fluctuate unpredictably during heavy pool utilization
  • TVL fell from a peak of $1B down to $162M in October 2026
Best forMulti-chain DeFi borrowers, Collateralised crypto lending, Stablecoin liquidity strategiesSui network borrowers and lenders, DeFi users seeking tokenized private credit collateral, Yield farmers using automated leverage loops

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