Sui Network has expanded its DeFi ecosystem with the launch of Creek Finance's core protocol, featuring XAUm, a gold-backed token. This new application allows users to engage in on-chain lending and yield generation using tokenized physical gold. XAUm is backed 1:1 by physical gold, verified through third-party audits and on-chain reserve proof mechanisms. The protocol enables users to split, collateralize, borrow, trade, and generate yield from gold assets, marking a significant step in integrating real-world assets into DeFi. Creek Finance's launch of its smart contracts facilitates leveraged and yield strategies in a permissionless environment, broadening the scope of RWA use cases in decentralized finance.