MEXC Deepens Support for SUI Ecosystem with Suilend (SEND) Token Launch

MEXC, the world's leading cryptocurrency trading platform, announced the launch of the lending protocol Suilend (SEND) at 05:00 (UTC), accompanied by Token Airdrop rewards.

Cryptocurrency trading platform MEXC has announced the launch of Suilend (SEND) on its exchange, accompanied by Token Airdrop rewards for users.

The listing of SEND on MEXC marks another step in the exchange's mission to empower the SUI ecosystem and connect global users with high-quality blockchain projects.

As a pioneer in the cryptocurrency industry, MEXC is committed to fostering innovation and supporting emerging blockchain ecosystems. Its partnership with the SUI ecosystem has already seen the successful listings of top-tier projects like DEEP and NS, which attracted over 21,918 participants through previous Token Airdrop campaigns.

To celebrate the launch of Suilend (SEND), MEXC will be hosting three exclusive activities with generous rewards, starting December 12, 2024, at 02:00 (UTC).

These activities offer participants the chance to win SEND tokens, USDT bonuses, and other exciting benefits — tailored for both new and experienced users.

The activities include:

1. Deposit 25 SEND or 100 USDT to qualify. Trade SEND/USDT (100 USDT) or SEND perpetual contracts (500 USDT) to earn 25 SEND each (limited to 1,400 users per activity).

2. The top 2,000 users with trading volumes over 20,000 USDT will share the pool, with rewards ranging from 10 USDT to 5,000 USDT.

3. Earn 25 SEND per referral for inviting new users who complete Event 1, up to 500 SEND per referrer.

Suilend, a cornerstone of DeFi on the Sui blockchain, has rapidly established itself as a leading lending protocol since its launch in March 2024. Its Sui DeFi Suite — featuring lending, liquid staking tokens (LSTs), swaps, and AMMs — contributes significantly to the ecosystem's growth.

The native token of Suilend, SEND, has a total supply of 100 million. A substantial 65% of the allocation is dedicated to community initiatives, with 40% of the total supply being distributed via Mdrops airdrops to early users, Points holders, and NFT owners.

The remaining 35% of SEND tokens are allocated as follows: 15% to the team, 10% to early investors, and 10% to the ecosystem fund.

Recognized for its rapid listing of trending tokens, MEXC has continually expanded its portfolio with the addition of Suilend (SEND).

The SEND/USDT trading market will officially launch in the Innovation Zone on December 12, 2024, at 05:00 (UTC), followed by the introduction of the SEND USDT perpetual contract in the perpetual futures section at 05:10 (UTC), offering adjustable leverage from 1x to 50x with both cross and isolated margin modes.