PANews reported on August 30 that according to official news, Sui Ecological Lending Protocol Scallop announced the growth of user base and market activities on the X platform. It stated that more than 9 million Scallop's native tokens SCA have been pledged by users, with an average term of 3.65 years. In addition, the platform has completed more than 20 million US dollars in transactions.

Earlier news, Sui ecological lending protocol Scallop announced the launch of Scallop Swap V2. This update aims to enhance the overall user experience of Scallopers, including the addition of a Swap exchange rate comparison function to view the exchange rate differences between aggregators, and the ability to display fund transaction routes.