💧 Scallop Protocol is proud to announce that we have closed our Q1 2024 Strategic Investment Round! This investment round was co-led by CMS Holdings and 6MV 🤝 ✨ Participants: KuCoin Exchange Ventures, Side Door Ventures, Oak Grove Ventures, Signum Capital , Blockchain Founders Fund, Cypher Capital Group, Mysten Labs, Kyros Ventures, 8186 Capital, 7UpDAO, LBank Labs, ViaBTC Capital, Cetus Protocol, Zellic, AC Capital, Criterion VC and UOB Venture. Also, Scallop Protocol has raised a total of $3M through our Investment rounds! More Details: https://lnkd.in/gr7qsz-r
Scallop
Software Development
Scallop is the pioneering Next Generation Money Market for the Sui ecosystem.
About us
Scallop is the pioneering Next Generation Money Market for the Sui ecosystem and is also the first DeFi protocol to receive an official grant from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, we are dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and asset management tool on a unified platform and offering an SDK for professional traders.
- Website
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https://www.scallop.io/
External link for Scallop
- Industry
- Software Development
- Company size
- 2-10 employees
- Headquarters
- Tortola
- Type
- Self-Employed
- Founded
- 2021
- Specialties
- DeFi, Web3, Crypto, Solana, Blockchain, and NFTs
Locations
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Primary
Get directions
Tortola, VG
Employees at Scallop
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Ann Yuxin Luo
Builder | web3.0
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Chen Steven
Skilled software developer with expertise in the investment and blockchain sectors. A passionate learner, enthusiastic about exploring and realizing…
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Xinhai Zeng
Tech Lead @ Scallop, Focused on building ecosystem on SUI network
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Donnie Chen
Co-Founder of Scallop｜CTO
Updates
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✨SCALLOP MILESTONE✨ We are proud to announce that we have recently achieved 2 significant milestones for our protocol! 🐚Over 9 Million SCA staked for average 3.65 years 🐚Over $20,000,000 in Swap Volume These milestones display the rapid growth of Scallop as a protocol, as we continue to build and provide greater value for our users!
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🇰🇷KBW2024 - Fried Chicken & Beer NIGHT Get ready for an unforgettable night at Korea Blockchain Week 2024! Join us for the Fried Chicken & Beer NIGHT, co-hosted by Scallop, GOTBIT Hedge Fund and Pucca!🍻 Take this perfect opportunity to network with Web3 projects and KOLs while enjoying delicious fried chicken from the largest and most famous fried chicken restaurant chain! 🗓3 Sept 2024, 7pm - 11pm GMT 9 📍Kyochon Chicken Gangnam Station Branch Register Here: https://lu.ma/tkcxs7qk See you guys there!
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🐚SCALLOP INCENTIVE PROGRAM🐚 Weekly incentives updated! Supply incentives is now activated for Scallop's USDC Lending Pool with a juicy APR of 51.20%! 💧Total SUI Incentives: 195K SUI 🐚SCA Borrow Incentives: 640K SCA Scallopers holding sUSDC will have to deposit sUSDC into sCoin pool in order to earn USDC Supply incentives. 🔥Hold veSCA and enjoy up to 4X BOOST for SCA Borrow APR and 2X BOOST for SUI Borrow APR! Enjoy bonus 46.06% APR on Cetus Protocol for SCA-SUI liquidity pool! Start Earning Here: https://app.scallop.io
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⚡️Scallop Swap Trading Campaign⚡️ To celebrate the launch of Scallop Swap V2, we are kicking off our very first Swap Trading Campaign! Swap any tokens using Scallop Swap with ZERO FEES and win a juicy prize pool of over 10,000 $SCA! 🎁Prize Pool: Over 10,000 $SCA (100 winners) ⏳Campaign Period: 22nd Aug, 6pm SGT - 30th Aug, 6pm SGT Accumulate at least $500 USD worth of swap volume within the campaign period to be eligible! Full Campaign Details: https://lnkd.in/gPSessXH Start Swapping Here: https://lnkd.in/gb5SYu-Z Scallop Swap Leaderboard: https://lnkd.in/gPnbExaS
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Scallop Swap V2 is now LIVE🔥 Scallopers can now seamlessly swap for their favourite Sui tokens while enjoying the best swap rates, with zero swap fees! Scallop Swap V2 is integrated with Aftermath Finance, FlowX Finance and 7K Aggregator to provide the best rates for our users. 🐚How It Works: With V2, users can now directly view the swap routes and swap rates of different aggregators by comparing them side by side. This allows users to trade confidently knowing that they will always be swapping with the best available rates. Check out our video guide showcasing Scallop Swap V2's features👇
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🇹🇷Scallop @ Istanbul Blockchain Week Last week, Scallop had the opportunity to attend Istanbul Blockchain Week, Turkey's leading blockchain conference! Our Founder Kris shared the main stage with Sui Foundation for an exciting panel discussion on Sui's drive towards mass adoption🔥 Featuring: Emirhan Erdoğan from Kriptomeda Christian T. from Mysten Labs Darius Goore from Sui Foundation Kris Lai from Scallop
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🐚Scallop veSCA NFT Upgrade🐚 🔎Keep track of your veSCA portfolio and stats with veSCA NFTs! This new upgrade allows veSCA NFTs to be constantly updated with the latest veSCA portfolio and stats, thanks to the Sui Object Display feature!⚡️ Scallopers can now easily keep track of their veSCA stats through their wallets or any Sui explorer! Stake SCA for veSCA here: https://lnkd.in/gawTFJ9D
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🇹🇼ABS 2024 - DeFi Cocktail @ Taipei Party into the night to the greatest hits played by our featured DJs during our DeFi Cocktail Party! Co-hosted by Scallop, Sui Foundation and DWF Labs! 🤝 🪩DJ Lineup: DJ Kriss DJ Jova DJ ChrisEryx 🗓August 7th, 6pm - 10pm GMT 8 📍Sitdown Taipei, Da'an District, Taipei City Register Here: https://lnkd.in/gnW29ByX
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