Scallop is a DeFi project and money market on Sui, focused on lending and borrowing solutions
What is Scallop?
Scallop is a peer-to-peer money market and DeFi protocol for the Sui blockchain, specializing on lending and borrowing solutions. Besides lending and borrowing, Scallop offers Sui users lending derivatives (sCoins, or Scallop Market Coins), flash loans, swap and bridges options.
Scallop tools
There are some products for the builders too:
• UI Tool for Building Sui Programmable Transaction Blocks
• Typescript SDK for interacting with Scallop
• Toolkit for interacting with Sui using Typescript SDK
Is Scallop safe?
Scallop ensures its security with the following factors: a cybersecurity team, security partners (Ottersec, Zellic, MoveBit), multi-oracle strategy, open source protocol, and a bug bounty feature.
