Sui eco-deal Scallop ranks fourth among all lending agreements for both fees and revenue over the past seven days
April 4 (Bloomberg) -- Sui eco-lending protocol Scallop has earned $641,000 in fees over the past seven days and generated more than $279,000 in agreement revenue, according to official sources.Scallop became the fourth largest lending protocol among all lending protocols in terms of both fees and revenues, trailing only Venus, AAVE, and kaminolend in terms of revenues.According to the report, the Scallop was reported to have voluntarily suspended its main lending function for 24 hours to avoid the risk of FDUSD becoming de-anchored, and still generated high revenues.
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