Gate News update, May 11, according to Gate market data, as of the time of publication, SCA (Scallop) is trading at $0.02616. In the past 24 hours, it has risen 43.02%, hitting a high of $0.03573 and falling back to a low of $0.01819. The 24-hour trading volume reached $171,500. The current market cap is approximately $2.7835 million.
Scallop is a pioneering next-generation peer-to-peer money market in the Sui ecosystem, and the first DeFi protocol to receive official funding from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, it aims to build a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and a UI toolkit for programmable trading on a single platform, and provides an SDK for professional traders.
This news is not investment advice; investing involves risks, including market volatility.
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