Suilend announced the third-party audit report for its product and stated that the source code has been open-sourced to ensure transparency.

Odaily Planet Daily reported that $Sui ecosystem DeFi lending service SuiLend posted on the X platform stating that user security and protocol integrity are the top priorities for SuiLend, SpringSui, and STEAMM. They also emphasized that funds are protected from smart contract vulnerabilities. Currently, third-party audit reports have been released for their products and the source code has been open-sourced to ensure transparency. It is reported that previously, Cetus hackers deposited 10 million USD worth of $SUI assets into SuiLend, possibly intending to borrow stablecoins.