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Sui Eco-Lending Protocol Scallop Receives Investment from Sui Foundation

Sui Eco-Lending Protocol Scallop Receives Investment from Sui Foundation

Bitget2024/10/10 14:49

On October 10th, the Sui eco-lending protocol Scallop announced that it had received an investment from the Sui Foundation in order to drive the deployment of new features in Scallop, which as of October 2nd had reached $100 billion in total lending. In addition, Scallop's fees exceeded $2 million, transaction volume exceeded $57 million, and TVL reached $167 million.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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