What is the current price of Scallop?
The current price of Scallop is $0.00503
At our check on 10 October 2026 at 00:49 UTC, no current price was available from the markets mapped to SCA on CoinRithm. The last price we could verify was observed on 8 October 2026 at 08:05 UTC. Treat that observation as historical, not a current executable quote.
Hyperliquid perpetuals only. One snapshot every 5 minutes, up to 20 returned price levels per side. Liquidity beyond those levels is unknown. This is not a liquidation heatmap or a fill estimate.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Scallop is a lending and borrowing protocol (a money market) on the Sui blockchain, and SCA is its protocol token. Users supply assets to earn interest, borrow against collateral, and use flash loans, while SCA holders can lock their tokens as veSCA to boost rewards and gain governance power. Scallop matters because it was, per its own documentation, the first DeFi protocol to receive an official grant from the Sui Foundation, and it is one of the core credit markets in the Sui ecosystem.
The Scallop docs describe it as a "Next Generation peer-to-peer Money Market for the Sui ecosystem" that "emphasizes institutional-grade quality, enhanced composability, transparency, and robust security." Its product set includes lending and borrowing, lending derivatives (sCoins), tools for building Sui programmable transaction blocks, flash loans, SDKs, and an interface for swaps and bridges.
SCA is a Sui coin with the type 0x7016aae72cfc67f2fadf55769c0a7dd54291a583b63051a5ed71081cce836ac6::sca::SCA and a documented maximum supply of 250,000,000 SCA.
The docs do not name individual founders; they refer to "Scallop Project Contributors" and a founding team. The project's listed achievements include:
The risk section of the docs notes that the company obtained a legal opinion on the token distribution from the blockchain department of Jacque Law LLC.
Supplying Users deposit assets into lending pools and receive sCoins (for example sSUI for SUI). An sCoin's exchange rate against its underlying asset rises as interest accrues, so holding it represents both the deposit and the earned interest.
Borrowing Users post collateral in an "obligation" and borrow other assets. Assets are grouped as main, emerging or isolated, with a borrowing fee of 0.3% for main assets and 1% for emerging and isolated assets, deducted from the loan amount.
Liquidation Scallop uses soft liquidation: each liquidation call can repay at most 20% of a borrower's total debt value, and positions under $10 of debt can be closed in one call. The liquidation penalty is set per asset by governance, with a maximum of 20%, and 1% of the liquidated amount goes to the protocol.
Flash loans Uncollateralized loans repaid within one transaction, with a 0.1% fee to the protocol.
The protocol also sets daily outflow limits per asset to slow sudden large withdrawals.
SCA is used mainly through veSCA. Locking SCA for up to four years (1,460 daily rounds) yields veSCA according to the formula veSCA = SCA x (remaining lock period / 4 years), and veSCA decays to zero as the lock ends. The docs list these veSCA benefits:
Documented allocation of the 250 million supply: liquidity mining 45%, project contributors 15%, strategic partners and investors 15%, ecosystem, community and marketing 7.5%, treasury 7%, liquidity 5%, development and operations 4%, advisors 1.5%. Liquidity-mining emissions started at 2,830,459 SCA per month and decline 1.5% month over month. Contributors and advisors have a one-year lock followed by three years of linear unlocks.
Scallop combines a standard pooled lending design with Sui-specific features: sCoins that plug into other Sui protocols, programmable transaction block tooling, soft liquidation that limits each liquidation to 20% of debt, and per-asset daily outflow limits. Its early Sui Foundation grant and hackathon record gave it an early position in the ecosystem.
Scallop is an application on Sui, not a chain. Compared with other lending markets:
The docs state that Scallop's contracts have been audited by Zellic, OtterSec, MoveBit and Asymptotic, with MoveBit also auditing the sCoin wrapper, veSCA, SCA token and borrow incentive modules. The lending protocol is open source. Protection also comes from soft liquidation, outflow limits and a bug bounty program, plus Sui's own proof-of-stake validator set.
Money markets are a core building block of any DeFi ecosystem, and Scallop was among the first on Sui. Its performance is a useful indicator of how much credit and yield activity Sui supports.
SCA trades on decentralized exchanges on Sui and on centralized exchanges. Check an exchange's current market list for SCA and confirm the coin type above when trading on-chain.
SCA can be held in Sui wallets such as Sui Wallet, Suiet or other wallets listed as compatible in the Scallop docs. To earn from it, holders can lock it as veSCA through the Scallop app. Keep your recovery phrase offline.
Track Scallop live price, chart, market cap, and volume in real time. Practice mock trading and demo trading for Scallop on CoinRithm before using real money.
Use a crypto paper trading account to demo trade Scallop with real-time prices, AI trade feedback, and trading leagues. Test strategies, learn risk management, and build confidence before trading Scallop with real money.
Read the complete paper trading guideThe current price of Scallop is $0.00503
The daily trading volume is $8,728.97
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SCA/USDTTether USDT0.00503 USDT
