Cryptotrasta
Suilend

Suilend

3.813 reviews

Lily

New York, NY

5.0

Smooth and fast

Love how quick the borrowing process is!

Emma_L

Portland, OR

4.0

Mostly smooth but some hiccups

I've been using Suilend for a few months now for borrowing crypto assets and the process is pretty straightforward. The rates are competitive, and I like that everything runs on smart contracts without middlemen. However, I had a bit of trouble during KYC verification which delayed my access for a couple of days. The support team replied quickly but the back-and-forth was a bit exhausting. I think it's a solid platform but could improve the onboarding experience a bit.

Michael

Seattle, WA

5.0

Solid DeFi experience with room to grow

I started using Suilend about six months ago after trying a few other DeFi lending platforms. Their peer-to-peer lending feature is pretty smooth and I like that there are no middlemen taking cuts. My only gripe is that the staking APYs fluctuate a lot, which can be a bit nerve-wracking. Also, once I had a delay in a withdrawal that took almost a day to resolve, but support was polite and eventually fixed it. I feel confident keeping my assets here and appreciate the transparent smart contracts they use.

kayla_89

Sydney, Australia

4.0

Reliable platform overall

No issues so far.

max1990

Miami, FL

4.0

Easy interface and fast transactions

Platform is user-friendly.

trader_joe

Chicago, IL

4.0

Good rates, easy to use

Great yields here.

cryptoNed

Amsterdam, Netherlands

4.0

Stable platform with minor glitches

Used Suilend for staking and lending for about three months now. The UI is clean, and my transactions usually confirm quickly. Once or twice, I noticed small delays in updating my collateral status but nothing critical. pretty happy with the yield rates here.

anna.k

Dublin, Ireland

5.0

Very satisfied with Suilend

Platform works great.

nina_k

Berlin, Germany

3.0

Decent but needs better mobile app

I mostly use Suilend on desktop and like their lending pools, but their mobile app is buggy. Sometimes it fails to show my staking rewards correctly. Also had a weird glitch where a withdrawal didn’t reflect immediately, had to restart the app.

mike_t

Austin, TX

3.0

Mixed feelings on lending rates

I tried Suilend for borrowing crypto last month. The interest rates were alright but not the best I've seen in DeFi platforms. Also, the smart contract interface felt a bit clunky, took me some time to figure out how to stake my assets properly.

emma.j

London, UK

3.0

Good concept but slow support

I like that Suilend is fully decentralized and no middlemen, but when I had a stuck transaction, support took over two days to respond. The platform is promising but needs faster help, especially when dealing with loans and liquidations.

alex_2021

San Francisco, CA

3.0

Confusing liquidation rules

Loan got liquidated unexpectedly.

john_smith22

Toronto, Canada

3.0

Collateral valuations can be off

Suilend’s platform is innovative but I noticed that during volatile market days, the collateral valuations lag behind real prices. That caused a near liquidation on my loan even though I thought I had enough buffer. The interface could use a real-time price feed update to avoid such surprises.

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