The TVL (Total Value Locked) of Sui ecological lending protocol Scallop has broken through 150 million US dollars

PANews reported on September 23rd, according to official news, the total value locked (TVL) in Sui's ecological lending protocol Scallop has exceeded $150 million. The platform's total loan amount reached $80 million and the transaction volume hit $47 million.

In addition, according to data from CoinMarketCap, Scallop's native token $SCA has seen a significant increase in the past two weeks with its price nearly doubling. As of this writing, the price of SCA token is at $0.3619.