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Scallop priceSCA

Name: Scallop Token
Brand: Bitget
Rating: 4 (102 reviews)

Quote currency:

USD

The price of this coin has not been updated or has stopped updating. The information on this page is for reference only. You can view the listed coins on the Bitget spot markets.

Scallop price live data summary

The live price of Scallop is -- per (SCA / USD) today with a current market cap of -- USD. The 24-hour trading volume is $0.00 USD. SCA to USD price is updated in real time. Scallop is 0.00% in the last 24 hours. It has a circulating supply of -- .

What is the highest price of SCA?

SCA has an all-time high (ATH) of --, recorded on .

What is the lowest price of SCA?

SCA has an all-time low (ATL) of --, recorded on .

Calculate Scallop Token profit

Scallop price prediction

What will the price of SCA be in 2025?

Based on SCA's historical price performance prediction model, the price of SCA is projected to reach $0.00 in 2025.

What will the price of SCA be in 2030?

In 2030, the SCA price is expected to change by +45.00%. By the end of 2030, the SCA price is projected to reach $0.00, with a cumulative ROI of 0.00%.

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Scallop technical analysis

Scallop price prediction

Scallop ratings

Average ratings from the community

4.3

102 ratings

This content is for informational purposes only.

About Scallop (SCA)

What Is Scallop?

Scallop is a decentralized money market on the Sui blockchain, distinguishing itself as a leader in the decentralized finance (DeFi) space. It is designed to offer institutional-grade quality, enhanced composability, and robust security, aiming to provide a dynamic money market experience. Users can engage in high-interest lending and low-fee borrowing, among other financial activities. The platform became the first DeFi project to receive an official grant from Sui in 2022, underlining its potential and the trust it has garnered within the blockchain community.

The integrity and reliability of Scallop are underscored by thorough audits of its smart contracts, conducted by reputable firms like OtterSec and MoveBit. This ensures that users are operating within a secure and transparent environment, fostering trust and stability within the Scallop ecosystem. By prioritizing user security and protocol integrity, Scallop has positioned itself as a go-to platform for users looking to lend, borrow, or engage in other DeFi activities, all while benefiting from the advanced capabilities of the Sui blockchain.

Resources

Official Documents: https://docs.scallop.io/

Official Website: https://scallop.io/

How Does Scallop Work?

Scallop operates through a series of features designed to empower users and optimize their financial experience. At its core, Scallop allows users to lend their assets in a decentralized manner through asset pools, enabling suppliers to earn interest on deposits. These deposits are then borrowed by others who provide sufficient collateral, ensuring a balanced and secure lending environment. Borrowers benefit from the flexibility to manage multiple positions simultaneously through the creation of up to five sub-accounts, a feature that enhances the platform's usability and risk management.

The platform also introduces features like zero-fee flash loans, which allow users to borrow assets without upfront collateral and return them within the same blockchain transaction. This offers unparalleled flexibility and liquidity, enabling complex financial strategies with ease. Interest rates on Scallop are determined by a static linear model, adjusting in response to supply and demand dynamics to ensure fair and efficient fund allocation. Additionally, Scallop's soft liquidation mechanism and the incentivization of liquidators help maintain the protocol's stability and integrity, minimizing potential losses for users.

What Is SCA Token?

SCA is the native utility token of the Scallop, integral to its dual-token model, which also includes veSCA. SCA serves as the transferable representation of value within the Scallop ecosystem, facilitating various transactions and interactions on the platform. Users can lock their SCA tokens to obtain veSCA, which offers additional benefits such as governance rights and fee rewards, thereby promoting user engagement and investment in the platform's governance. SCA has a total supply of 250 million tokens.

What Determines Scallop’s Price?

The price of Scallop token (SCA), like any asset in the blockchain and Web3 sectors, is significantly influenced by the interplay of supply and demand dynamics. As investors and users keep a keen eye on the latest news and cryptocurrency trends, these factors collectively shape the market sentiment towards Scallop. Cryptocurrency analysis and charts provide insights into historical price movements, offering a basis for Scall op price prediction. As the ecosystem evolves, factors such as cryptocurrency adoption, the impact of cryptocurrency regulation, and market volatility play pivotal roles in determining Scallop's valuation, making it a token to watch for the best crypto investment for 2024 and beyond.

Moreover, Scallop's price is also sensitive to broader industry factors, including security concerns and the latest developments within the blockchain domain. As the token garners attention within the Web3 community, its price reacts to shifts in cryptocurrency risks and investor sentiment. Keeping abreast of cryptocurrency price predictions and analyzing Scallop's position within cryptocurrency charts can offer valuable insights for investors. Ultimately, understanding these multifaceted drivers is crucial for anyone considering Scallop as part of their investment portfolio, especially in an environment as dynamic and rapidly evolving as the cryptocurrency market.

For those interested in investing or trading Scallop, one might wonder: Where to buy SCA? You can purchase SCA on leading exchanges, such as Bitget, which offers a secure and user-friendly platform for cryptocurrency enthusiasts.

Scallop price performance in USD

24h7 days30 days90 days1 yearAll-time

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Scallop price history in USD

The price of Scallop is -- over the last year. The highest price of SCA in USD in the last year was -- and the lowest price of SCA in USD in the last year was --.

TimeLowHigh

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All-time--(--, -- )--(--, -- )

Historical data

Scallop market information

Market cap

Fully diluted market cap

Volume (24h)

Market rankings

#999999

Circulation rate

24h volume / market cap

Circulating supply

-- SCA

Total supply / Max supply

-- SCA

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How to buy Scallop(SCA)

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Scallop news

The revenue of the Sui ecological lending agreement Scallop has broken through 2.5 million US dollars

Bitget•2024-11-14 12:05

SUI price has gained 70% in a week and is targeting $10

HappyCoinNews•2024-11-12 11:44

SUI Price Surges 70% in a Week, Fuels Speculation of a Move Towards $10

SUI has surged a substantial 70% in the past seven days. The TVL of Sui Network has risen to $1.383 billion as well. SUI RSI reads a value of 78, confirming that the altcoin is overbought.

CoinEdition•2024-11-10 16:00

Scallop will airdrop to SuiPlay Mythic NFT holders in 2025

Bitget•2024-11-09 23:21

Cardi B’s Meme Coin in Hot Water: UAE Begins WAP Investigation

Dailycoin•2024-10-15 23:33

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FAQ

What is the current price of Scallop?

The live price of Scallop is -- per (SCA/USD) with a current market cap of -- USD. Scallop's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Scallop's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Scallop?

Over the last 24 hours, the trading volume of Scallop is --.

What is the all-time high of Scallop?

The all-time high of Scallop is --. This all-time high is highest price for Scallop since it was launched.

Can I buy Scallop on Bitget?

Yes, Scallop is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Scallop guide.

Can I get a steady income from investing in Scallop?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Scallop with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Scallop Token (SCA)?

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Cryptocurrency investments, including buying Scallop online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Scallop, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Scallop purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.