Scallop (SCA) is emerging as a groundbreaking force in the decentralized finance (DeFi) space, particularly within the Sui blockchain ecosystem. As the first peer-to-peer money market protocol on Sui and a recipient of an official grant from the Sui Foundation, Scallop is redefining how users interact with digital assets through high-yield lending, low-cost borrowing, and advanced composability features.
This comprehensive guide explores everything you need to know about Scallop (SCA), including real-time price data, market statistics, supply metrics, and its role in shaping the future of DeFi on Sui. Whether you're evaluating investment potential or exploring integration opportunities, this article delivers accurate, SEO-optimized insights tailored to both newcomers and experienced crypto participants.
What Is Scallop (SCA)?
Scallop is the pioneering next-generation peer-to-peer money market protocol built on the Sui blockchain. Designed with institutional-grade standards in mind, it offers a unified platform for lending, borrowing, automated market making (AMM), and self-custodial asset management. What sets Scallop apart is its deep integration with Sui’s high-performance architecture, enabling near-instant transactions and minimal fees.
As the first DeFi project to receive official support from the Sui Foundation, Scallop benefits from technical validation and ecosystem-level backing. This strategic advantage positions it at the forefront of financial innovation on one of the fastest-growing Layer 1 blockchains.
The protocol also provides a professional-grade SDK for traders and developers, enhancing composability across decentralized applications (dApps). With a focus on security, scalability, and user empowerment, Scallop enables seamless access to capital-efficient financial tools without intermediaries.
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Scallop (SCA) Price Today: Real-Time Data
As of the latest update, Scallop (SCA) is trading at $0.147 USD, reflecting a significant +62.9% increase over the past 24 hours. This surge indicates strong market momentum and growing investor confidence in the project's roadmap and execution.
Despite this recent rally, Scallop remains well below its all-time high (ATH) of $1.48, which was reached on March 9, 2024. The current price represents a -90.1% decline from that peak, suggesting room for potential recovery as market conditions improve and adoption expands.
Key Price Metrics:
- Current Price: $0.147
- 24-Hour Change: +62.9%
- All-Time High (ATH): $1.48 (March 9, 2024)
- From ATH: -90.1%
- Market Capitalization: $18.74 million
- Market Share: 0.00% of total cryptocurrency market
While the market cap remains relatively small compared to major DeFi players, early-stage projects like Scallop often present high-growth opportunities for forward-thinking investors who recognize foundational value before broader market recognition.
Supply Overview: Circulating vs. Maximum Supply
Understanding tokenomics is crucial when assessing any cryptocurrency's long-term viability. Here's a breakdown of Scallop’s supply structure:
- Maximum Supply: 250,000,000 SCA
- Total Supply: 250,000,000 SCA
- Circulating Supply: 127.49 million SCA (51% of max supply)
This means just over half of the total token supply is currently available in the market. The remaining tokens are likely allocated to team reserves, ecosystem development, staking rewards, or future fundraising initiatives—common practices in sustainable DeFi projects.
A balanced release schedule helps prevent inflationary pressure and supports price stability during growth phases. As more users engage with Scallop’s lending and borrowing services, demand for SCA tokens may rise—especially if utility features such as governance or fee discounts are introduced.
Trading Volume & Market Activity
Scallop’s 24-hour trading volume stands at $32.37 million, indicating active participation across major crypto exchanges. Strong volume relative to market cap suggests healthy liquidity and trader interest, which enhances price discovery and reduces slippage for larger trades.
High trading volume can also signal upcoming developments—such as product launches, exchange listings, or partnerships—that drive short-term speculation while laying groundwork for long-term adoption.
For traders and analysts, monitoring volume trends alongside price action provides valuable insight into market sentiment and potential breakout patterns.
Core Features of the Scallop Protocol
Scallop isn’t just another lending platform—it’s a full-stack financial infrastructure designed for the future of Web3. Key features include:
- Peer-to-Peer Lending & Borrowing: Users earn interest by supplying assets or access liquidity by pledging collateral—all without intermediaries.
- Low-Fee Transactions: Leveraging Sui’s object-centric model and parallel execution engine to minimize costs and maximize speed.
- Automated Market Making (AMM): Enables decentralized trading pools integrated directly into the money market.
- Self-Custody Asset Management Tools: Full control over funds with no reliance on centralized custodians.
- Professional SDK: Empowers developers and quant traders to build custom strategies and integrate with external systems.
These capabilities make Scallop not only user-friendly but also highly adaptable for institutional use cases.
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Frequently Asked Questions (FAQ)
Q: What blockchain does Scallop operate on?
A: Scallop is built exclusively on the Sui blockchain, leveraging its high throughput, low latency, and developer-friendly Move language to deliver a superior DeFi experience.
Q: Is Scallop a good investment?
A: While past performance doesn’t guarantee future results, Scallop’s early mover advantage on Sui, combined with official foundation support and robust technical design, makes it a compelling candidate for strategic portfolio allocation—especially for those bullish on Sui’s ecosystem growth.
Q: How can I buy Scallop (SCA) tokens?
A: SCA tokens are available on several leading cryptocurrency exchanges that support Sui-based assets. Always verify exchange legitimacy and ensure wallet compatibility with Sui’s network before purchasing.
Q: Does Scallop offer staking or yield farming?
A: Although current documentation doesn’t confirm staking programs, many peer-to-peer money markets introduce incentive mechanisms post-launch. Stay updated via official channels for potential reward programs tied to liquidity provision or governance participation.
Q: What makes Scallop different from other DeFi lending platforms?
A: Scallop differentiates itself through native integration with Sui, institutional-grade architecture, and a comprehensive SDK—features rarely found together in early-stage protocols. Its status as the first Sui Foundation-granted DeFi project further validates its credibility.
Future Outlook & Ecosystem Potential
With the broader DeFi sector continuing to evolve beyond Ethereum into faster, cheaper ecosystems like Sui, projects like Scallop are poised to capture significant traction. As more developers deploy dApps on Sui and user adoption grows, demand for efficient money markets will increase proportionally.
Scallop’s early launch timing, combined with technical excellence and ecosystem support, places it in a prime position to become a core financial layer within the Sui network.
Furthermore, integration with cross-chain bridges, stablecoins, and institutional-grade wallets could amplify its utility and attract deeper capital inflows in 2025 and beyond.
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Final Thoughts
Scallop (SCA) represents more than just a new token—it symbolizes the next phase of decentralized finance innovation on high-performance blockchains. With strong fundamentals, transparent tokenomics, and strategic backing from the Sui Foundation, Scallop has laid a solid foundation for sustainable growth.
Whether you're interested in yield generation, protocol development, or long-term investment, keeping an eye on Scallop’s progress could prove invaluable in navigating the rapidly evolving crypto landscape.
By combining real-time data accuracy with forward-looking analysis, this guide ensures you’re equipped with everything needed to understand Scallop’s current standing and future potential in 2025 and beyond.
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