Scallop (SCA) is a decentralised finance (DeFi) platform designed to bridge traditional finance with cryptocurrency-based services. Built on the Sui blockchain, Scallop aims to simplify access to DeFi solutions, combining banking features with decentralised protocols. It offers services such as high-interest lending, low-fee borrowing, and secure asset management.

Scallop is used for facilitating DeFi activities, including lending and borrowing digital assets. It provides tools for automated asset management and an ecosystem for accessing banking-like services within the crypto space. Scallop's features include automated market-making (AMM), a professional Software Development Kit (SDK) for traders, and mechanisms for asset self-administration. The platform is geared towards individuals and institutions seeking enhanced composability, security, and seamless integration of DeFi with traditional financial services.