Scallop (SCA) - Comprehensive Research Report

Scallop's Positioning and Significance

Scallop (SCA) is the pioneering next-generation peer-to-peer money market protocol built on the Sui ecosystem. As the first DeFi protocol to receive an official grant from the Sui Foundation, Scallop addresses critical challenges in decentralized finance, including institutional-grade security, enhanced composability, and efficient capital allocation.

By emphasizing institutional-quality standards, enhanced composability, and robust security architecture, Scallop has established itself as a dynamic money market platform offering high-yield lending, low-fee borrowing, automated market making (AMM), and programmable trading tools within a unified ecosystem. The protocol also provides specialized SDKs for professional traders and institutional participants.

As of December 2025, Scallop operates as a core DeFi primitive in the Sui ecosystem with a fully diluted valuation of approximately $10.99 million USD. The protocol serves a growing community of 6,705 token holders across 17 cryptocurrency exchanges, including Gate.com, demonstrating its expanding adoption and market presence.

Origins and Development History

Genesis and Background

Scallop emerged from the Sui ecosystem's growing demand for sophisticated, institution-grade financial infrastructure. Recognizing the limitations of existing money market solutions—including security vulnerabilities, limited composability, and user experience barriers—the development team designed Scallop to introduce next-generation capabilities specifically tailored to Sui's architecture and community needs.

The protocol's official recognition through the Sui Foundation grant underscores its significance as a foundational DeFi building block designed to unlock capital efficiency and enable complex financial strategies within the Sui network.

Key Milestones

• Sui Foundation Recognition: Scallop achieved the distinction of becoming the first DeFi protocol to receive official support from the Sui Foundation, validating its technological approach and strategic importance.
• Mainnet Operations: The protocol successfully launched and has established itself as an operational money market with measurable transaction volume and active user engagement.
• Multi-Exchange Listing: SCA token achieved listings across 17 cryptocurrency exchanges, including Gate.com, expanding market accessibility and liquidity.
• Growing User Base: The protocol has attracted 6,705 token holders, indicating sustained adoption and ecosystem participation.

How Scallop Works

Unified Money Market Architecture

Scallop operates as a comprehensive financial protocol that consolidates multiple DeFi primitives—lending, borrowing, AMM, and programmable trading—into a single, coherent platform. This architectural integration reduces fragmentation and enables seamless composability across different financial operations.

Core Functional Components

High-Yield Lending and Low-Fee Borrowing: Users deposit supported assets to earn yield through the lending protocol, while borrowers access capital at competitive rates. The protocol implements sophisticated risk management mechanisms to maintain systemic health and protect depositor funds.

Automated Market Making (AMM): Scallop integrates AMM capabilities enabling users to trade assets directly through liquidity pools, reducing reliance on external exchanges and improving capital efficiency.

Programmable Trading UI and SDK: The protocol provides both user-friendly interface tools for standard transactions and advanced SDKs for professional traders implementing complex strategies, accommodating diverse user sophistication levels.

Smart Contract Foundation

Scallop's operations are governed by smart contracts deployed on the Sui blockchain. These contracts execute financial operations with transparency and determinism, eliminating counterparty risk and enabling verification of all transactions on-chain.

Composability and Integration

By building on Sui's architecture, Scallop benefits from enhanced composability—the protocol's contracts can seamlessly interact with other Sui ecosystem applications. This design principle enables complex financial workflows and fosters ecosystem synergy.

Security Framework

Scallop emphasizes institutional-grade security through multiple mechanisms:

• Smart contract auditing and rigorous testing protocols
• Multi-layered risk management systems protecting the protocol and user funds
• On-chain transparency enabling community verification and oversight

Market Performance Analysis

Current Market Metrics

As of December 23, 2025:

Price Performance

Recent Price Movements:

• 1 Hour: -0.22%
• 24 Hours: -0.69%
• 7 Days: -7.33%
• 30 Days: -13.38%
• 1 Year: -84.28%

Historical Price Levels:

• All-Time High: $1.5477 USD (March 9, 2024)
• All-Time Low: $0.04371 USD (December 18, 2025)
• 24-Hour Range: $0.04392 - $0.04446 USD

Market Position

Scallop's market dominance stands at 0.00034%, with a market cap-to-FDV ratio of 42.56%, indicating that approximately 42.56% of total tokens are currently in circulation. The protocol is traded across 17 cryptocurrency exchanges, providing reasonable market accessibility.

Token Economics

Supply Structure

The token supply structure indicates that approximately 57.44% of total tokens remain unvested or reserved, suggesting potential supply pressure from future releases.

Distribution and Use Cases

SCA tokens serve multiple functional purposes within the protocol:

• Governance rights enabling token holders to participate in protocol decisions
• Incentive mechanisms rewarding users and liquidity providers
• Protocol participation aligning stakeholder interests with long-term success

Technical Infrastructure

Blockchain Foundation

Scallop is deployed on the Sui blockchain, a Layer-1 protocol known for:

• High transaction throughput and low latency
• Advanced smart contract capabilities enabling complex financial logic
• Efficient resource management and scalability

Smart Contract Address

Sui Network Contract: 0x7016aae72cfc67f2fadf55769c0a7dd54291a583b63051a5ed71081cce836ac6::sca::SCA

Users and developers can verify transactions and smart contract operations through the Sui explorer.

Trading and Access

Trading Availability

SCA token is currently trading on Gate.com and 16 additional cryptocurrency exchanges. Gate.com provides institutional-grade infrastructure for trading SCA with competitive fees and reliable liquidity.

For trading guidance, users should consult Gate.com's dedicated resources on purchasing Scallop tokens.

On-Chain Verification

All Scallop smart contract operations can be independently verified through the Sui blockchain explorer, ensuring transparency and enabling community oversight.

External Resources

Official Channels:

• Website: https://scallop.io
• Documentation: https://docs.scallop.io/
• Social Media: https://x.com/Scallop_io

Conclusion

Scallop represents a significant development in the Sui ecosystem's DeFi infrastructure. As the first protocol to receive official Sui Foundation support, it has established itself as a core financial primitive offering institutional-grade security, enhanced composability, and comprehensive money market functionality.

The protocol's consolidation of lending, borrowing, AMM, and programmable trading within a unified platform addresses key limitations in existing DeFi solutions. However, investors and users should carefully monitor market developments, token supply dynamics, and broader ecosystem trends when evaluating Scallop's long-term value proposition.

Scallop (SCA) Market Performance Report

Market Overview

Scallop (SCA) is the pioneering next-generation peer-to-peer money market for the Sui ecosystem and the first DeFi protocol to receive an official grant from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, Scallop is dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and UI tools for programmable transactions on a unified platform, with an SDK for professional traders.

Circulation Overview

As of December 23, 2025, Scallop has a circulating supply of 106,402,570 SCA tokens out of a total supply of 250,000,000 SCA, representing a circulation ratio of 42.56%. The token operates on a fixed supply model with a maximum supply cap of 250 million tokens.

Price Performance

Historical Price Movements

Scallop reached its all-time high of $1.5477 on March 9, 2024, driven by market optimism and ecosystem growth within the Sui network.

The token's all-time low stands at $0.04371, recorded on December 18, 2025, reflecting recent market pressures and broader cryptocurrency market conditions.

As of December 23, 2025, SCA is trading at $0.04397, with a 24-hour trading range between $0.04392 and $0.04446.

Recent Price Trends

The token has experienced significant depreciation over the past year, declining 84.28% from its previous levels, reflecting the broader cryptocurrency market dynamics and project-specific factors.

Check the current SCA market price on Gate.com

Market Capitalization and Valuation

• Current Market Cap: $4,678,521.00
• Fully Diluted Valuation (FDV): $10,992,500.00
• Market Cap to FDV Ratio: 42.56%
• 24-Hour Trading Volume: $12,522.18
• Market Dominance: 0.00034%

Token Distribution

• Total Holders: 6,705 addresses
• Exchange Listings: 17 trading platforms (including Gate.com)
• Blockchain: Sui Network

Contract Information

Network: Sui (SUI)
Contract Address: 0x7016aae72cfc67f2fadf55769c0a7dd54291a583b63051a5ed71081cce836ac6::sca::SCA

Official Resources

• Website: https://scallop.io
• Documentation: https://docs.scallop.io/
• Twitter: https://x.com/Scallop_io
• Sui Explorer: https://explorer.sui.io/address/0x7016aae72cfc67f2fadf55769c0a7dd54291a583b63051a5ed71081cce836ac6::sca::SCA

Last Updated: December 23, 2025

Scallop (SCA) Comprehensive Analysis Report

Market Overview

Scallop (SCA) is a pioneering next-generation peer-to-peer money market protocol within the Sui ecosystem. As the first DeFi protocol to receive an official grant from the Sui Foundation, Scallop represents a significant development in decentralized finance infrastructure.

Current Market Data (as of December 23, 2025)

Project Overview

Core Functionality

Scallop is dedicated to building a dynamic money market that emphasizes:

• Institutional-Grade Quality: Robust infrastructure designed for professional-grade operations
• Enhanced Composability: Seamless integration across the Sui ecosystem
• Robust Security: Multiple layers of protection for user assets and transactions

Key Features

The platform offers a comprehensive suite of financial tools on a unified platform:

• High-Interest Lending: Opportunities for users to earn yield on their deposits
• Low-Fee Borrowing: Cost-efficient borrowing mechanisms for users seeking liquidity
• Automated Market Maker (AMM): Decentralized trading with algorithmic pricing
• Programmable Trading UI Tools: Advanced tools for executing complex trading strategies
• Professional SDK: Software development kit tailored for professional traders and developers

Ecosystem Applications and Integration

Primary Use Cases

DeFi Infrastructure: Scallop serves as a core money market protocol in the Sui ecosystem, providing essential financial primitives including lending, borrowing, and trading capabilities. The protocol enables composability with other Sui-based applications, creating a foundation for a broader DeFi ecosystem.

Technical Architecture

Network and Contract Details

• Blockchain: Sui (SUI)
• Contract Address: 0x7016aae72cfc67f2fadf55769c0a7dd54291a583b63051a5ed71081cce836ac6::sca::SCA
• Contract Verification: View on Sui Explorer

Community and Social Media Presence

Holder Statistics

Scallop has attracted 6,705 token holders, indicating a distributed community base across the Sui ecosystem.

Exchange Listings

SCA is actively traded on 17 exchanges, with Gate.com providing robust trading support and liquidity for the token.

Official Channels

• Official Website: https://scallop.io
• Documentation: https://docs.scallop.io/
• X (Twitter): @Scallop_io

How to Acquire Scallop (SCA)

Trading on Gate.com

1. Create Account: Register on Gate.com and complete identity verification
2. Deposit Funds: Transfer your preferred cryptocurrency or fiat currency to your account
3. Navigate to SCA Trading: Search for the SCA trading pair (e.g., SCA/USDT)
4. Execute Trade: Place your buy order at your desired price or use market order for immediate purchase
5. Secure Storage: Transfer purchased SCA to a secure wallet address for safekeeping

Current Trading Activity

With a 24-hour trading volume of $12,522.18, SCA maintains active liquidity on Gate.com, ensuring reliable execution for both small and large orders.

Price Performance Analysis

Short-Term Trends

• 1 Hour: -0.22% change
• 24 Hours: -0.69% change
• 7 Days: -7.33% change

Medium to Long-Term Performance

• 30 Days: -13.38% decline
• 1 Year: -84.28% significant decline from all-time highs

Key Price Levels

The token has declined substantially from its all-time high of $1.5477 reached in March 2024, with recent trading activity establishing new support levels near the current price point.

Investment Considerations

Strengths

• Institutional Support: Official Sui Foundation grant recipient demonstrates ecosystem validation
• Sui Ecosystem Growth: Benefits from increasing adoption and development within the Sui blockchain
• Comprehensive Feature Set: Combines lending, borrowing, AMM, and professional trading tools in one platform
• Active Development: Continuous protocol improvements and ecosystem integration

Challenges

• Significant Price Decline: The 84.28% year-over-year decline reflects challenging market conditions and reduced investor confidence
• Low Trading Volume: 24-hour volume of $12,522.18 indicates limited liquidity relative to market capitalization
• Market Position: Ranked 1,568th by market capitalization in the broader cryptocurrency market
• Concentration Risk: Market cap represents only 42.56% of fully diluted valuation, suggesting potential dilution pressure upon token unlock events

Risk Factors

Market Risk

The significant price decline from all-time highs presents substantial risk for investors, with the token trading near its all-time low established just days before the current date.

Liquidity Risk

Relatively low trading volume may result in slippage on larger orders and potentially difficulty in exiting positions during market stress.

Ecosystem Risk

Scallop's success is intrinsically linked to the Sui ecosystem's adoption and growth trajectory. Any challenges to Sui's market position could negatively impact SCA performance.

Additional Information Resources

• Official Website: Visit Scallop.io for comprehensive information on features, use cases, and latest developments
• Documentation: Access docs.scallop.io for technical specifications, user guides, and developer resources
• Blockchain Explorer: Verify on-chain activity and smart contract details via Sui Explorer
• Social Media: Follow @Scallop_io on X for protocol updates, announcements, and community engagement

Summary

Scallop (SCA) represents an important infrastructure development within the Sui ecosystem, offering institutional-grade DeFi services with a focus on composability and security. As the first Sui Foundation-backed DeFi protocol, it demonstrates the growing maturity of the Sui blockchain's financial infrastructure.

However, potential investors should carefully consider the significant price decline of 84.28% over the past year and the current challenging market conditions. The relatively low trading volume and liquidity present additional considerations for position sizing and exit strategy planning.

Scallop's long-term success will depend on sustained ecosystem growth, continued protocol development, and broader market recovery in the cryptocurrency sector. Both existing community members and prospective investors should monitor protocol developments and market conditions before making investment decisions.

For those interested in DeFi protocols within the Sui ecosystem, Scallop warrants close attention, but comprehensive due diligence and risk assessment are essential before allocating capital to this asset.

FAQ

What is SCA in medical terms?

SCA stands for spinocerebellar ataxia, a progressive genetic neurological disorder causing degeneration of brain areas and impairing coordination. It has multiple types with varying characteristics and currently has no cure.

What does SCA mean?

SCA typically refers to Secure Customer Authentication, a security protocol requiring strong customer verification for financial transactions. In crypto contexts, it enhances security by mandating multi-factor authentication for user accounts and asset transfers, protecting against unauthorized access and fraud.

What is an SCA in healthcare?

SCA Health is a major operator of outpatient surgery facilities with over 370 ambulatory surgery centers across 35 states. It performs more than 1 million outpatient procedures annually. The company rebranded from Surgical Care Affiliates to SCA Health in 2022 and operates as a joint venture with Advocate Health Care.