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Scallop

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Decentralized lending platform enhancing DeFi with institutional-grade solutions.

Overview

Scallop operates in the decentralized finance (DeFi) sector, focusing on the development of a money market platform that aims to meet institutional-grade standards, enhance composability, and ensure security. The company offers a user interface tool for constructing programmable transaction blocks, a TypeScript SDK for interaction with its platform, and a toolkit for engagement with the SUI ecosystem. Scallop's objective is to introduce new DeFi primitives to the ecosystem, with a focus on secure and efficient lending solutions. Its target audience includes developers and institutions interested in advanced DeFi functionalities. The company highlights features such as zero-cost flash loans and a trilinear interest rate model, and it is supported by a team with expertise in cybersecurity.

Key facts

Founded
2021

Business model

Contact

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About Scallop

What does Scallop do?

Scallop operates in the decentralized finance (DeFi) sector, focusing on the development of a money market platform that aims to meet institutional-grade standards, enhance composability, and ensure security.

Where is Scallop headquartered?

Scallop is headquartered in Tortola, United Kingdom.

When was Scallop founded?

Scallop was founded in 2021.

Which sector is Scallop in?

Scallop operates in Decentralized Finance, part of Financial Technology.

Who are Scallop's competitors?

Companies similar to Scallop include Venus, Arkis, and Liqwid.