Undergoes a contract upgrade on 2026-01-09 at 3PM UTC+8 to improve user experience, with expected DApp downtime during the upgrade period.

Implemented Anti Price Manipulation (APM) security feature that compares 24-hour minimum collateral prices to current prices and temporarily disables borrowing when prices exceed a defined threshold percentage, automatically re-enabling after 24 hours or when prices normalize.

Hosting a giveaway of 5,000 SCA tokens to the community, with 10 winners to be selected on January 4th, 2026.

Launched UI upgrade on DApp featuring Flash Loan functionality, Burn Expired SuiNS tool, Account Overview dashboard, Risk Level Simulator, and Toggle Market Status option.

Integrated Crypto.com Onchain Wallet into the Scallop DApp, enabling users to connect this wallet to access DeFi on Sui through Scallop.

Founder presenting at Web3 Builder Night in Taipei on December 22, 2025, sharing insights on building the protocol.

Waived flash loan fees for all users, reducing the cost from a previously charged fee to zero.

Refreshes weekly incentive program with rewards distributed across 6 tokens including ~304,000 sSCA and ~25,000 sSUI, with borrowers earning up to 4x APR boost through veSCA staking.

Co-hosts Flipster Universe Year-End Party with Flipster, with general public registrations open until December 18th at 12:00.

Integrates $US token from Talus Foundation, now live on Scallop Swap and listed on Scallop Mini Wallet.

Sponsored BlueBid Winter Auction event co-hosted by overtake_world and SuiNetwork, attracting 300+ Web3 builders.

X Space scheduled for December 9th at 11AM GMT+8 featuring founding team members including Co-Founder, Tech Lead, and Core Developer to discuss plans for 2026.

Extends SuiNS subdomain minting campaign until December 10th with giveaway offering up to 10,000 $NS tokens across Twitter and Discord.

Partners with FirstMoversTW to conduct a Sui DeFi Bootcamp on December 9th, introducing Sui DeFi in a user-friendly educational environment.

Weekly incentive program refreshed with distributions of ~306,000 sSCA, ~26,000 sSUI, ~20,000 sDEEP, ~51,000 sWAL, ~5,900 sHAEDAL, and ~3,300 sCETUS; veSCA holders receive up to 4x Borrow Reward APR boost.

BD representative Johnny conducts educational session at National Taiwan Ocean University on December 3rd from 19:00 to 21:00, discussing Sui ecosystem and DeFi infrastructure with NTOU Blockchain Club.

Team participates in MEXC Thanksgiving Gathering event with prizes and community networking opportunities.

Sponsors BlueBid 2025 Winter Auction organized by Overtake and SuiNetwork, with CEO Kriss attending in-person and limited merchandise distribution at the event.

Collaborates with SuiNS to launch Scalloper subdomain campaign with 10,000 $NS token giveaway; veSCA holders with 2,000+ tokens can mint subdomains from November 26th to December 5th, with 8,000 $NS tokens allocated for social media giveaway participants.

Announces Discord AMA on November 25th at 16:00 GMT+8 with TBook to discuss TBook's integration with Scallop, focusing on RWA, StableFi, and the future of Sui DeFi with CEO Kriss.

Successfully completes sponsored Sui DeFi Event in eastern Nigeria hosted by Ambassador Silverhard.

Integrates $TATO token from Pawtato Finance into Scallop Mini Wallet and Scallop Swap platforms.

Scallop sponsors the upcoming Sui Anambra DeFi Event hosted by Silverhard.

Launches Scalloper Soulbound Token (SBT) in partnership with TBook, with SBT now claimable by users who verify credentials.

Scallop adds MMT token from MMT Finance to Mini Wallet and Swap platform.

Weekly borrowing pool incentive program distributes approximately 25,000 sSUI, 310,000 sSCA, 49,000 sDEEP, 56,000 sWAL, 6,000 sHAEDAL, and 3,300 sCETUS in rewards.

Hosts Halloween Party with BOBA DAO at SuiHub Taipei featuring networking session and prize opportunities.

Project achieves all-time high TVL of $190 million and $6 million in total revenue, with 1 million SCA tokens representing 38% of circulating supply locked for an average of 3.7 years.

Announces Sui X Bitget Halloween Gathering on October 31st at 19:30pm with prizes for best Halloween costumes.

Integrates WalletConnect into Scallop DApp, enabling wallet connectivity for expanded user access.

$SCA token goes live on Kraken exchange with trading now available.

Weekly incentive program refreshes with approximately 26,000 sSUI, 310,000 sSCA, 49,000 sDEEP, 56,000 sWAL, 6,000 sHAEDAL, and 3,300 sCETUS in borrowing rewards, offering up to 4x APR boost for veSCA holders.

SCA trading competition launches on WEEX exchange from October 24-31, 5pm UTC+8, with a 10,000 USDT prize pool for participants.

Co-hosts Halloween community party in Taipei on October 31st with Sui Network and Boba DAO, featuring merchandise giveaways.

Protocol integrates with Talus's Prediction Intelligence Layer to enable AI-driven finance, alongside other Sui protocols including Cetus, FlowX, and Kriya.

Scallop theme goes live on Tokeo wallet platform, unlockable by earning 100 TXP through quests on Tokeo's Earn tab.

Launches veSCA boost preview feature allowing users to view updated boost calculations before locking SCA tokens or extending lock duration. Protocol also maintains booth presence at SuiFest event.

Sponsors Web3 education workshop with Sui Network and Sui Japan Community at Code Base Okinawa on October 24th, 19:30-21:00 GMT+9.

SCA/USDT trading pair goes live on WEEX exchange with accompanying 50,000 USDT airdrop campaign running from October 15-22 (UTC+8).

Platform surpasses 50 million $SCA tokens locked, representing over 40% of total circulating supply.

Messari publishes full research report on the protocol, which has generated $6M in revenue and accumulated $100M+ in TVL.

Attends Sui & Walrus Research Night at SuiHub Taipei hosted by Mysten Labs, focusing on academic exchange and the Sui Academic Research Awards (SARA).

Latest DApp enhancement adds transaction hash verification popup for Ledger hardware wallet users, improving security of DeFi interactions.

Total swap volume crosses $500 million milestone, demonstrating growing adoption of the Sui-based DeFi platform.

Co-hosts Sui Sunset Party at SuiFest Singapore with Sui Network and UOB Venture Management, attracting over 2,000 attendees from major projects and institutions.

Booth presence confirmed at SuiFest 2025 Singapore during TOKEN2049, one of Asia's largest crypto conferences.

The team attends Bitcoin Unlocked: BTCfi on Sui, an official Sui Network side event focused on building Bitcoin finance solutions.

Borrowing pool expansion includes new wWAL and haWAL pools with diversified incentive structure now covering six different tokens (sSUI, sSCA, sDEEP, sWAL, sHAEDAL, sCETUS) offering up to 4-digit APR.

Team hosts official side event "Next Wave Seoul: Bullish Bites" during Korea Blockchain Week.

The team announces participation in Korea Blockchain Week with planned panel appearances and side events, expanding their Korean market presence beyond previously announced hackathon and builder house sponsorships.

Weekly borrowing incentive program launches with specific token allocations including ~301,000 sSCA and ~24,000 sSUI, offering up to 4x APR boost for $SCA stakers.

Scallop serves as Gold Sponsor for Sui Builder House: APAC event, demonstrating elevated commitment to Sui ecosystem development.

SCA shows 0.10% funding rate (115% APR) in current arbitrage opportunities, indicating shift from previously reported negative funding conditions.

Scallop serves as Silver Sponsor for Sui Hackathon Korea, expanding its presence within the Sui ecosystem.

Founder and CEO Kris Lai will host community spaces on September 11th to share latest developments with SCA giveaway.

Project announces it remains secure and unaffected by the recent NPM supply chain attack.

Scallop is identified as the most popular money market product on Sui Network in a DeFi ecosystem overview.

Participates in angel investing panel discussion on September 5th at Builder Stage, focusing on Web3 development strategies and investor perspectives.

Expands institutional partnerships through GSR collaboration, hosting joint DeFi event in Taipei.

New grant recipient Megalodon to build DeFi lending agent for yield optimization through looping strategies.

Silver sponsors $17,000 prize pool hackathon in Seoul, partnering with Sui Network and DSRV labs for September 2025 event.

Weekly borrowing incentives refresh launches with rewards across 7 tokens, including 302,000 sSCA and 26,000 sSUI tokens.

$SCA token lists on Bitkub, Thailand's leading licensed crypto exchange, on August 26, 2025.

Expands Asian presence through simultaneous participation in CoinFest Asia (Bali) and WebX Asia (Osaka/Tokyo) events.

Integration with Tokeo platform announced to expand Sui DeFi accessibility.

New borrowing incentive program launches with 140% APR for sBLUB, distributing over 16B sBLUB tokens alongside rewards in 6 other assets.

Secures Gold Sponsorship for Taipei Blockchain Week, scheduled for September 4-6.

LI.FI protocol integration enables cross-chain swaps and bridges across 30+ chains in single transactions.

Launches on OKX Sui EcoHub with zero gas fees promotion for borrow and repay transactions, limited to 6 daily transactions per user.

New staking pool launches on Bitrue exchange offering 70% APY in rewards

$BLUB token added to Emerging Assets category, expanding platform functionality with main asset features.

New assets wWAL and haWAL added to Emerging Assets, enabling supply and borrowing capabilities.

New SCA/USDT trading pair launches on Bitrue exchange August 6th at 10:00 UTC.

Obtains full US MSB license and Money Transmitter License, enabling regulated operations in United States.

Revenue reaches $6M milestone; announces $200K token airdrop for holders with 5000+ veSCA, distribution on Aug 3.

Expands into Vietnamese market as Silver Sponsor of GM Vietnam 2025 event in Hanoi.

New IKA token integration launches on Scallop Swap and Mini Wallet, expanding trading options on Sui Network.

New borrowing incentive program launches with rewards across 7 pools including 26,000 sSUI and 326,000 sSCA tokens.

Announces participation in Sui Network community meetup organized by BOBA DAO with live protocol demonstrations.

Expands European presence through participation in OceanDAO Summit in Athens, Greece.

OKX DEX integration launches on swap aggregator, enabling native asset swaps on Sui network

Strategic expansion into Vietnam market through Sui ecosystem event sponsorship, scheduled for August 1st.

Anniversary Gift Box submission deadline extended to July 25, 2025 6pm GMT+8 for holders with 100,000+ veSCA

Strategic sponsorship secured for Payments & Wallets Track at major Sui Network developer event.

Strategic expansion into Pakistan market launches through Sui Network community event sponsorship in Islamabad.

New borrowing incentives launched with up to 4x APR boost for veSCA holders, distributing rewards across 7 assets including 36k sSUI and 329k sSCA.

Anniversary Box giveaway announced for 100,000+ veSCA holders with July 18, 2025 snapshot date, establishing new accumulation target for holders.

HAEDAL token added to Emerging Assets category, enabling expanded functionality similar to Main Assets.

New SCA/USDT trading pair launches on Biconomy exchange on July 2nd at 12:00 UTC

Strategic expansion into Ghana market launches with Sui Network Ghana partnership and developer meetup sponsorship.

CEO keynote at Istanbul Blockchain Week on June 26th reveals strategic focus on DeFi trading automation and onchain agents.

New RNS Palau digital ID campaign launches for eligible users with June 23rd application deadline.

New $10,000 SCA rewards campaign launches through Backpack Wallet partnership, requiring $50 USD borrowing until July 1st.

Dual AMAs scheduled for June 17th to discuss new NFT drop and upcoming TGE (FRAGMETRIC, 16:00 CEST), followed by lending protocol and veSCA updates (Discord, 18:00 CEST).

New borrowing incentives program launches with rewards across 7 tokens including 69K sSUI and 340K sSCA.

New dust coin swap feature launches, enabling conversion of small token balances into native token.

New borrowing rewards program offers up to 295% APR on HAEDAL, WAL, and DEEP with 4x veSCA boost.

New Nightly Wallet integration launches with $2,500 SCA reward pool for swap and deposit campaign running June 10-24.

New RNS Palau ID giveaway campaign launches with 2-week application window ending June 23rd; late applications incur $49 fee.