INVESTMENT: TVL growth from $33M to $190M at ATH.

Accumulated over $770 billion in combined Lending and Borrow volume.

Crossed $8.96 billion in total Flash Loans volume.

Total borrowed amount increased from $20 million to $60 million.

Over 60% average utilization rate for Borrow Pools.

Over 2.8K daily active users.

That’s @Scallop_io, the leading money market on Sui Network, and is the first DeFi protocol to receive an official grant from Sui Foundation.

The project already has a wide net of partnerships, including Aftermath Finance, Haedal Protocol, FlowX Finance, Typus Finance, KriyaDEX, and OKX.

And they’ve just closed their Q1 2024 Strategic Investment Round with a total of $3 million.

Bear market? Where?

Know more on https://t.co/Da1C9gih5x and tune in to their live show at 12:00 pm EST.

Disclaimer: We are investors in this project and receive benefits from our involvement. This content is for promotional purposes only and is not financial or investment advice. Cryptocurrency carries significant risk, and you should always do your own due diligence before making any decision.