2026 Q1 Update: Security, Stablecoins & Native BTC on Sui
In Q1, SUI went from $1.44 to sub-$1 and back. Through it all, Suilend maintained its position as the #1 protocol on Sui, ending Q1 with nearly 30% of all Sui DeFi TVL.
Here are the highlights 🧵
Sui mainnet stopped accepting user transactions due to an issue during the epoch change beginning at ~1:30PT. Validators are up and creating system transactions, but user transactions are not currently being accepted. The Sui Core Team is investigating, and updates will be shared as soon as available.
Eligibility Details
- USDC deposits must be made before June 7th, 2026 UTC 00:00 to be eligible.
- Your chances of winning will be proportional to your deposited amount and the time your funds were deposited for.
How the Giveaway Works
- The winners will be selected after the campaign ends on June 7th.
- Each address can only win the 50 sSUI prize once.
- If you win, you will be removed from the pool of potential winners.
- Winners will be airdropped the 50 sSUI prize directly after the campaign ends.
USDC Strategy Campaign - Phase 11
Deposit $100 or more into the USDC Strategy and keep it deposited until June 7th, 2026 for a chance to win 50 sSUI!
25 winners will be selected! Deposit, earn and SEND IT ⤵️
Deposit here: https://t.co/UrB2zjx0W5
Activity on Sui mainnet has resumed after a halt due to a crash bug in the gas charging logic introduced by the 1.72 release. A full incident review will be shared in the coming days.
Your stablecoins shouldn’t sit idle.
Put them to work with Suilend Strategies - one-click looping, competitive APRs, and the ability to withdraw anytime.
We’re happy to confirm the Pyth outage has been resolved.
Suilend is back to being fully functional.
User funds remained safe at all times. Appreciate your understanding during the brief disruption.