Sui Eco Lending Protocol Scallop: More Than 9 Million Native Tokens SCA Have Been Pledged by Users

Scallop, Sui ecological lending protocol, has unveiled growth in terms of user base and market activity on Platform X, according to official sources. It said more than 9 million of Scallop's native tokens, SCA, have been pledged by users with an average term of 3.65 years. In addition, the platform has closed more than $20 million in cumulative transactions.

In previous news, Sui eco-lending protocol Scallop announced the launch of Scallop Swap V2, an update designed to enhance the overall user experience for Scallopers, including the addition of the Swap exchange rate comparison feature for viewing differences in exchange rates between aggregators, as well as the ability to display the routing of money transactions.