Compound vs Suilend

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

VS
Suilend3.8/5
Feature
Ratings
Our score4.0/53.8/5
User ratingNo reviews yetNo reviews yet
Security & track record4.54.0
Rates4.03.5
Market depth3.54.0
Ease of use4.04.0
Decentralization4.03.5
Specs
KYC required No No
Lending modelIsolated marketsPooled
ChainsEthereum, Arbitrum, BaseSui
Main collateral assetsETH, WBTC, USDC, USDTSUI, sSUI, USDC, USDsui, PPLUS, HIGH, eEARN
Flash loans NoNot disclosed
Permissionless markets NoNot disclosed
Audited Yes Yes
Bug bounty YesNot disclosed
Governance tokenCOMPSEND
Isolated markets Yes Yes
Real-world-asset collateral No Yes
Own stablecoin No No
RatesVariableVariable
Company
Founded20172024
Headquarters——
InvestorsDragonfly, Polychain Capital, a16z cryptoRobot Ventures, Alliance, Ambush, Big Brain Holdings +12
Strengths and weaknesses
Pros
  • Audited by OpenZeppelin and ChainSecurity with a $1M bug bounty
  • Processed $480B in all-time deposits and borrows since 2018
  • No KYC required to supply or borrow on standard markets
  • Active on Ethereum, Base, and Arbitrum
  • 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
  • Lacks an umbrella safety module to cover protocol-wide bad debt
  • Borrow rates vary with base-asset pool utilization
  • Does not support permissionless market creation by users
  • Borrowing is restricted to only one designated base asset per pool
  • 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 forUSDC and WETH borrowers, Suppliers avoiding rehypothecation risk, Users seeking yield on supported EVM networksSui network borrowers and lenders, DeFi users seeking tokenized private credit collateral, Yield farmers using automated leverage loops

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.