Scallop ($SCA) will be listed on Bitrue Exchange pair with SCA/USDT on August 6th, 2025 at 10:00 (UTC).
Published By: divya choudhary
Published at: 2025-08-05
About Scallop (SCA)
Scallop is a next-generation DeFi (Decentralized Finance) platform built on the Sui Blockchain. It allows people to lend and borrow crypto assets in a secure, smart, and user-friendly way.
Key features:
Users can earn interest by depositing their crypto.
Borrowers must give collateral and can create sub-accounts for better risk control.
Scallop offers zero-fee flash loans, a smart interest system that changes based on market activity, and a soft-liquidation method to reduce losses.
The platform uses the SCA token, with a total supply of 250 million. Users can lock SCA to get veSCA, which gives governance rights and rewards.
Security is a top priority, with regular audits by expert firms and safe coding using the Move language.
Scallop is supported by major investors like CMS Holdings, KuCoin Labs, and others. It was also the first DeFi project funded by Sui.
Why Invest in Scallop (SCA)?
Built on Sui: A fast, scalable blockchain with strong developer support.
Earn passive income: Supply crypto to earn interest or participate in liquidity mining for more rewards.
Join governance: Lock your SCA to get veSCA and vote on protocol decisions.
Strong security: Backed by audits, oracles, and a professional team.
Early mover advantage: Scallop has a low market cap (~$13–14M), meaning potential for long-term growth.
Bitrue is a top centralized crypto exchange launched in 2018 and based in Singapore. It offers 700+ crypto assets and a wide range of tools for traders and investors.
Key Benefits:
Fast and secure: Bitrue uses multiple safety tools like cold storage, 2FA, and insurance funds.
Great liquidity: Deep order books help new tokens like SCA trade smoothly.
Low trading fees: Fees as low as 0.098%, with discounts if you use the BTR token.
Earn more: Use Power Piggy, staking, and other features to grow your crypto.
Easy fiat on-ramp: Buy crypto with regular money and explore DeFi tools with Web3 wallet support.
Extra visibility for new tokens: Features like Bitrue Alpha and voting campaigns boost token exposure at launch.
In Short:
The Scallop token listing on Bitrue brings together a powerful DeFi protocol and a user-friendly trading platform. Whether you want to earn yields, participate in governance, or trade securely, this partnership offers a great opportunity to be part of the next wave in Decentralized Finance.