Scallop

Scallop is the pioneering Next Generation Money Market for the Sui ecosystem and is also the first DeFi protocol to receive an official grant from the Sui Foundation. By emphasizing institutional-grade quality, enhanced composability, and robust security, we are dedicated to building a dynamic money market that offers high-interest lending, low-fee borrowing, AMM, and asset management tool on a unified platform and offering an SDK for professional traders.

Key Info

scallop.io
2021 Founded
British Virgin Islands
11 Employees
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@scallop_io
Discord

Credibility

LinkedIn Verified

News

There are no recent news for this organization.

Activity Timeline

Raised
undisclosed capital

from
DWF Labs
.
Apr 22, 2024
Raised
$3.00M

from
CMS Holdings
, Cypher Capital
, 6th Man Ventures
, KuCoin Ventures
, Side Door Ventures
, Blockchain Founders Fund
, Sui
, LBank
, AC Capital
, 7Up DAO
, Oak Grove Ventures
, Kyros Ventures
, 8186 Ventures
, ViaBTC Capital
, Signum Capital
, Criterion VC
, UOB Venture
, Zellic
, and Cetus
.
Mar 03, 2024
Raised
undisclosed capital

from
Cetus
.
Jan 21, 2024

Team

Investments

Round	Amount Raised	Date	Investors
Venture Round	—	Apr 22, 2024	DWF Labs
Venture Round	Raised $3,000,000	Mar 03, 2024	CMS Holdings Cypher Capital 6th Man Ventures KuCoin Ventures Side Door Ventures Blockchain Founders Fund Sui LBank AC Capital 7Up DAO Oak Grove Ventures Kyros Ventures 8186 Ventures ViaBTC Capital Signum Capital Criterion VC UOB Venture Zellic Cetus
Venture Round	—	Jan 21, 2024	Cetus