Sui Eco-Lending Protocol Scallop Receives Investment from Sui Foundation
On October 10th, the Sui eco-lending protocol Scallop announced that it had received an investment from the Sui Foundation in order to drive the deployment of new features in Scallop, which as of October 2nd had reached $100 billion in total lending. In addition, Scallop's fees exceeded $2 million, transaction volume exceeded $57 million, and TVL reached $167 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Apple (AAPL.US) downgraded to "Hold" by Loop Capital: iPhone shipment cuts likely difficult to offset, valuation at five-year high
Loop Capital downgraded Apple's rating due to concerns over iPhone shipments.
LS Electric Q3 Operating Profit Rises 131.71% Year on Year
Micron Technology (MU.US) invests in expanding Indium’s New York plant: Restarts domestic processing of critical minerals, secures long-term supply of high-purity materials
Micron Technology is investing in the critical minerals processing sector to enhance the U.S. supply chain ecosystem.
Crypto prices
More
