Scallop Becomes Core DeFi Protocol on Sui With $102M in TVL
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- Scallop surpasses $102.1 million in TVL on the Sui blockchain.
- Over 50 million SCA tokens are locked for an average of 3.7 years.
- Messari identifies Scallop as a key protocol driving DeFi innovation on
The decentralized finance (DeFi) protocol Scallop (SCA) has emerged as one of the leading projects on the Sui blockchain, according to a recent report from crypto research firm Messari.
The platform has surpassed $102.1 million in total value locked (TVL) and generated $6 million in cumulative revenue as of September 2025. Messari’s analysis places Scallop among the most influential DeFi applications on Sui, citing its growing liquidity, robust governance structure, and strong user participation.
Related: Scallop Is the Latest International Crypto Firm to Crack the US Regulatory Code
From Solana to Sui: A Strategic Pivot
Scallop was founded in 2021 by Kr…
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In This News
Coins
$ 0.066
+1.76%$ 0.000207
$ 73.24
-1.40%$ 0.00...021
$ 0.428
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