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Scallop

Scallop

Private
Hong KongCrypto & Web3https://scallop.io/

Last Round

Grant

Oct 10, 2024

Total Funding Raised

$6.02M

Company Overview

Scallop is a financial software company that provides a decentralized finance (DeFi) money market protocol on the Sui blockchain, offering lending, borrowing, and asset management tools.

Sector

Crypto & Web3

Verticals

DeFi, Lending & Credit, Blockchain Infrastructure, Staking Platforms

Business Model

B2C

Customer Profile

Usage-Based SaaS, Revenue Share

AI Layer

Non-AI

Keywords

decentralized financeDeFimoney market protocolcrypto lendingSui blockchainyield farmingliquid stakingnon-custodial wallettotal value lockedTVLliquidity miningflash loansDeFi SDKcrypto borrowingon-chain liquidity

Historical Pricing

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Caplight Momentum Score

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Scallop Comparables

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Scallop comparables — related companies by embedding similarity
CompanySimilarityMarket Cap
Suilend
91%
NAVI Protocol
91%
AlphaFi
84%

Scallop Funding Rounds

Historical fundraising activity

Data table
RoundDateAmount RaisedValuationInvestorsSources
GrantOct 10, 2024
StrategicApr 22, 2024
Initial Coin OfferingMar 8, 2024
StrategicMar 3, 2024
StrategicJan 22, 2024
Grant
Jan 23, 2023

Key People

Founding team and executive leadership

Donnie Chen

Co-Founder CTO

Founding Team

Kris Lai

Founder CEO

Founding Team

Scallop Investors

Notable investors and investment history

Scallop investors
InvestorRounds
KuCoin LabsInitial Coin Offering, Strategic
Sui FoundationGrant, Initial Coin Offering
AC CapitalInitial Coin Offering, Strategic
7UpDAOInitial Coin Offering, Strategic
8186 CapitalInitial Coin Offering, Strategic
Cypher CapitalStrategic
Side Door VenturesInitial Coin Offering, Strategic

Market signals

Structured signals derived from secondary market and firmographic data.

  • May 9, 2025

    On-chain digital IDs backed by the Republic of Palau will be provided.

  • Mar 29, 2025

    Walrus token now available on the platform.

Scallop Filings

SEC and related filings with document metadata.

Data table
TypedDateAmount OfferedAmount SoldFillingPagesDownload
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Scallop Filings

SEC and related filings with document metadata.

Frequently Asked Questions

Common questions about Scallop's valuation, stock price, and market status.

Firmographic Details

HeadquartersHong Kong
Employee Range24
Year Founded2021
Last FundingOct 10, 2024

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