S

Scallop

SCLP

Sui on-chain decentralized lending protocol

Performances

RD Popularity Index

1016.67% (24h)
0100200300400500
Project Rank: 12723/15402

RD Growth Index

--
0100200300400500
Project Rank: --/15402
Comparison:
1h24h7d30d60d90d
0.68%2.08%0.00%0.00%43.27%120.82%

Comparison

Fundraising

Tokenomics

Unlock Progress

Unlocked55M SCLP(55.66%)
Locked44M SCLP(44.33%)

Data source: CoinGecko

Top Holders

AddressTokenQuantityPercentageValue
0x1a20...0c73SCLP13,352,111.8313.35%$67.04K
0x3e53...a3aeSCLP6,181,440.746.18%$31.03K
0x1fa2...0359SCLP2,842,735.962.84%$14.27K

About Scallop

Scallop is a licensed fintech company whose core business is providing a one-stop account service that integrates traditional banking with crypto assets. Users can hold fiat and digital currencies on the same platform, use the accompanying virtual card for online and offline spending, and access cross-border transfers, currency conversion, QR payments, and eSIM data services. Its core competitiveness lies in the unified "one account, one balance" architecture, combined with the compliance advantages of multiple financial licenses, addressing pain points such as asset fragmentation, cumbersome conversion, and high cross-border payment costs. In the past six months (February to August 2026), the official website disclosed no specific operational data or major product updates, only continuing to emphasize its compliance and multi-currency support capabilities, with no significant negative events publicly reported.

Updated: Aug 31, 2026

Scallop, a banking-as-a-service provider, was founded in 2021. In January 2024, it completed an undisclosed strategic funding round. In March 2024, it raised $3 million in a strategic round and launched its SCA token. In April 2024, it introduced supply and borrow incentive programs. Later, Scallop upgraded its sCoins to wrapped versions, making them viewable across all Sui wallets and platforms, enhancing interoperability and utility in DeFi.

Updated: Aug 31, 2026

Scallop is a banking-as-a-service provider. Key executives include: Raj Bagadi (Founder & CEO), Kunal Karani (Chief Business Officer), Madalena Catarino (MLRO), Pranay Sanghavi (Strategic Advisor), Soren Stammers (CTO), Pelumi Lajuwomi (Head of Finance), and Certified B K Raj Cce, Cams. (Director). No explicit co-founder designation is provided in the reference.

Updated: Aug 31, 2026