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AlphaFi Docs Describe a Sui Money Market, and the Account Says New Loans Are Closed

AlphaFi's docs describe a money market on Sui whose positions are NFTs. On November 11, 2026, @AlphaFiSUI said the protocol is in maintenance mode and is not opening new loans.

SuiWireNewsroom1 min read
DeFi: AlphaFi Docs Describe a Sui Money Market, and the Account Says New Loans Are Closed

AlphaFi's documentation says AlphaFi Lend is a decentralized money market protocol built on Sui. Suppliers deposit assets and borrowers post collateral. The docs say lend positions are represented as NFTs on Sui, rather than as fungible tokens. The official site is alphafi.xyz. The docs list the project account as twitter.com/AlphaFiSUI.

On November 11, 2026, the account page at x.com/AlphaFiSUI showed a post saying AlphaFi is winding down in an orderly way. The post says the protocol is in maintenance mode, withdrawals remain open, and users cannot take new loans.

SuiWire checked the docs and that account page on November 11, 2026.

Sources

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