Suilend vs Waves — how do they compare? Suilend trades at Rp882.28 (market cap Rp65,02M, Rp1,62M 24h volume), while Waves trades at Rp4,631 (market cap Rp612,02M, Rp56,92M 24h volume). The key difference: Waves is far larger — about 9.4× Suilend's market cap, and Suilend's supply is capped (70,6M / 100M SEND (71%)) while Waves's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Suilend for 13 Days and Waves for 74 Days on average.
| SEND | WAVES | |
|---|---|---|
Market Cap | Rp65,02M | Rp612,02M |
Volume (24h) | Rp1,62M | Rp56,92M |
Circulating Supply | 70,6M / 100M SEND (71%) | 132,4M WAVES |
Typical Hold Time | 13 Days | 74 Days |
Suilend has quickly become a key DeFi platform on Sui since its launch in March. It is now expanding into the Sui DeFi Suite with lending, LSTs, swaps, and AMMs to create a full DeFi superapp.
Read more on SEND →Waves is a versatile blockchain platform that supports decentralized applications (DApps) and smart contracts. Launched in June 2016 after one of the earliest ICOs, Waves aimed to enhance speed, utility, and user-friendliness compared to earlier blockchain platforms. The platform has evolved with various updates and features over time. Its native token, WAVES, has an uncapped supply and is used for payments like block rewards.
Read more on WAVES →