About Scallop

Scallop is the Next Generation Money Market for the Sui ecosystem, emphasizing institutional-grade quality, enhanced composability, and robust security, offering Lending/Borrowing, trading UI tools, flash loans, swap, and bridges.

Join Scallop as Lender

Scallop is running an incentive program together with Mysten Labs and **Openblock Labs, w**e are committed to giving out at least 100K SUI every two weeks base on data driven

As a lender, if you supply your SUI/wUSDC on Scallop, your estimated APR as below basis on TVL 5 million:

• SUI Pool APR ~ 25%
• wUDSC Pool APR ~ 20%
• wUSDT Pool APR ~20%

TERM:

• No locking required
• Claim rewards($SU) anytime
• Min Amount: $5k in usd equivalent
• If you want to lock for long term with guaranteed APY, pls DM Scallop team for details

How we can achieve such a high APR?

Lender’s APR = Scallop Base APR + Boost APR

1. Scallop protocol basic APR (Basic Lending interest rate is calculated by pool Utilization Rate):