Search results for "SCLP"

Scallop's revenue exceeds 5 million USD, launching a loyalty program to distribute 200,000 USD rewards to veSCA holders.

PANews April 30 news, according to the official announcement from Scallop, in celebration of the platform's cumulative revenue exceeding $5 million, it will distribute $200,000 worth of sSCA to veSCA (Lock-up Position SCA) holders as a reward. The snapshot time is set for 8 AM on May 2, 2025 (GMT+8), with rewards distributed at noon the same day. Holders of at least 2500 veSCA can claim the rewards, and users can choose to either receive the rewards directly or claim and re-lock them. Those who choose to lock-up will receive additional rewards next week. Furthermore, the price of $SCA has risen by 112% in the past 30 days.
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Scallop collaborates with SUI ecosystem memecoin to launch swap activity, with a prize pool equivalent to $25,000 Token

PANews reported on November 7th that according to official sources, Sui ecosystem lending protocol Scallop has collaborated with the well-known memecoin in the Sui ecosystem to launch a swap event, with a total reward of $25,000 worth of Token. Tokens participating in this event include $HSUI, $HIPPO, $PUGWIF, $FRATT, $BLUB, and $DAM. It is reported that the Scallop volume has reached $150 million, and the utilization rate of the main fund pool exceeds
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Scallop will launch the V2 version and start the Swap Event #1 with a total prize pool of over 10000 SCA

Cryptocurrency trading platform Scallop launches V2 version, providing new UI interface and better user experience, without Money Laundering. To celebrate the upgrade, Scallop is launching Swap Event #1 with a total prize pool of over 10000 SCA. Only users who are ranked in the top 100 by volume and have traded at least $500 are eligible to share the rewards.
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Scallop Token SCA Briefly Breaks Through $0.09, Up 32.76% in 24 Hours

PANews reported on March 17 that according to CoinMarketCap market data, the Scallop token SCA briefly broke through $0.09, rose 32.76% in 24 hours, and is now quoted at $0.0889.
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Data: Scallop total revenue has exceeded 4 million dollars

ChainCatcher message, according to official data, SUI lending protocol Scallop's total revenue has exceeded 4 million US dollars. In addition, 21 million SCA (8% of the total supply) has a lock-up period of approximately 3.6 years.
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The native Token $SCA lock-up amount of Scallop has exceeded 15 million, and its sCoin has been integrated into CETUS and Bucket.

Sui ecological lending protocol Scallop's sCoin has been integrated into Cetus and Bucket, further enhancing the integrated income. At the same time, the lock-up amount of $SCA has exceeded 15 million, and 200,000 $SCA will be airdropped to veSCA holders in the near future.
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SUI Ecological Lending protocol Scallop launches two bonus pool activities

Sui ecosystem lending protocol Scallop announced that the locked amount of token SCA has reached 13 million. Scallop will launch two feedback activities worth a total of 1.5 million, and users can win 1.2 million SCA rewards during the period when the SCA staking amount reaches 10 to 15 million. Sui Wallet is an open-source, self-hosted wallet developed by Mysten Labs, which can help users interact with Scallop.
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Scallopprotocol has generated $1.5 million in revenue

Odaily Planet Daily News Scallop protocol revenue reached $1.5 million, with 10 million SCA staked, with an average stake duration of 3.7 years. Scallop will repurchase SCA worth $100,000 to give back to the community in celebration. The event will be open from September 11th to 15th, and the qualification for users to participate is: holding at least 800 veSCA.
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Odaily Planet News According to an article published by Scallop, the lending protocol of the Sui ecosystem, on the X platform, Scallop Swap will be temporarily suspended due to issues with its partners' RPC and Swap Router. Efforts will be made to resolve the problem. Scallop will announce the latest updates once Scallop Swap is back to normal. "This is in addition to the pool parameters of Scallop CETUS, which will be adjusted today as follows:" Liquidation threshold: adjusted from 80% to 65%; Collateral weight: adjusted from 50% to 45%.

Data: The Sui lending protocol Scallop generated $79,920 in revenue over the past 24 hours, ranking second among DeFi lending protocols.

Golden Finance reports that according to the latest data from DeFiLlama, the Sui lending protocol Scallop has generated $79,920 in revenue over the past 24 hours, ranking second among all DeFi lending protocols, just behind Aave.
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SUI lending protocol Scallop introduces isolated asset pool, including DEEP, fear, uncertainty and doubt Token

On December 17th, Sui lending protocol Scallop announced the launch of Isolated Pool, which includes Token DEEP, fear, uncertainty and doubt, with rewards of 1675% and 2892% APR respectively. In addition, Scallop's incentives for the lending pool will be converted into sSUI and sSCA, and other Scallop sCoins. Scallop is a decentralized currency market on the Sui blockchain, dedicated to providing users with dynamic currency markets, including low-cost lending, etc. Scallop was awarded SUI in 2022.
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Odaily Planet Daily News Scallop stated in an article on X platform that the first batch of SCA rewards for the Scallop veSCA loyalty program has been issued. The activity lasted from June 11th to June 14th.
Sui lending protocol Scallop announced on X platform that its total lending amount has exceeded $30 billion and the total amount of Flash Loans has exceeded $1.7 billion.

Scallop sCoin has been integrated into Cetus Aggregator, and can be exchanged between sCoin and its underlying Tokens.

Odaily Star News reported that Scallop announced on X that sCoin has now been integrated into Cetus Aggregator. Users can directly exchange between sCoin and its underlying Token through Cetus, with support from Scallop's sCoin minting and destruction services. Please note: Since sCoin represents the user's borrowing position in the Scallop supply pool, replacing sCoin with its underlying Token will withdraw the user's position in Scallop.
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$SCA rises 12% after achieving new milestone

Gate.io News: The price of $SCA, the native token of Scallop, has increased by 12% in the last 24 hours after the project team achieved a new milestone of crossing $100 million in total swap volume.$SCA currently trades around $0.4815 (SCA/USDT), with a market capitalization of $17.23M, and a 24-hour trading volume of $269.53K according to Gate.io trading chart.
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Scallop: Trading volume exceeds 100 million US dollars

Odaily Planet Daily According to the announcement of SUI ecological lending protocol Scallop on the X platform, the total amount of Swap transactions has exceeded 100 million US dollars. Currently, Scallop Swap Campaign 2 is still open, with a prize pool of approximately 15,000 tokens.
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Sui ecological lending protocol Scallop TVL reached a new high of $175 million, with its SCA Token rising over 43% in the past 7 days.

According to official sources on October 13th, the price of SCA Token, the currency of Scallop, a lending protocol in the Sui ecosystem, has risen by 43% over the past 7 days, from about $0.3 to $0.44. The TVL of the Scallop lending protocol has reached a new high of $175 million. SCA
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SUI TVL exceeded $1.1 billion, hitting a new high, while NAVI Protocol TVL increased by 22.56% on the 7th.

Sui TVL exceeded 1.1 billion US dollars, with NAVI Protocol, Scallop Lend and Suilend ranking top three in terms of ecosystem TVL, with 418.27 million US dollars, 220.17 million US dollars, and 192.74 million US dollars respectively.
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Scallop launches veSCA Airdrop and SCA stake activities

According to official news, Scallop has launched the veSCA Airdrop and SCA stake activities. It is reported that the AirdropSnapshot is scheduled for September 2, 2024, and the distribution date is expected to be September 4, 2024. The SCA stake activity will be held from 12:00 am on September 3, 2024, to 12:00 am on September 7, 2024 (UTC), with a total reward pool size of 1,000,000 SCA.
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Scallop: account history function has been launched

PANews reported on July 7th that the Sui ecological lending protocol Scallop announced on the X platform that the account history feature is now live, allowing users to directly view their past account transactions and activities on Scallop.
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Data: Compared to Solana and Ethereum, Sui lending protocol offers higher returns

Golden Finance reported that, according to analyst @ToreroRomero's statistics, compared with chains such as Solana and Ethereum, SUI lending protocol offers higher yields. Among them, Scallop provides the highest stable returns, and when stakeSCA obtains veSCA, borrowing can yield up to 45%.
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Forbes digital asset zone adds Scallop (SCA)

Jinse Finance reported that Forbes digital asset zone page has added Scallop (SCA), which will display SCA in real time.
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SUI ecosystem lending protocolScallop lending total amount reached $100 billion

Odaily Planet Daily News According to official sources, the total amount of loans in the SUI ecosystem lending protocol Scallop has reached 100 billion US dollars. In addition, Scallop fees exceed 2 million US dollars, volume exceeds 57 million US dollars, and TVL reaches a new high of 167 million US dollars. This is a huge milestone, indicating the DAPP
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Scallop protocol's revenue exceeds 2 million dollars.

Odaily Planet Daily News Scallop protocol steadily and rapidly rises, taking less than 1 month to break through $500,000 in revenue, and revenue has now exceeded $2 million. In addition, Scallop repurchased $100,000 worth of SCA to reward holders with at least 1000 veSCA.
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Scallop Reminder: Beware of Scallop email Airdrop eyewash

PANews August 14th news, Sui ecological lending protocol Scallop issued a reminder on X platform. Please note that there are phishing emails claiming to be from Scallop circulating. Scallop will not distribute any Tokens via email. Please do not interact with these emails or any scam NFTs.
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On June 14, Sui Ecology lending protocol Scallop tweeted that it has reached a cooperation with Sui Ecology decentralized trading protocol Bluefin, and veSCA holders will be eligible for the Bluefin airdrop.