TechFlow News, November 7 — According to official announcements, Scallop, the lending protocol on the Sui network, has reached a trading volume of $150 million, with utilization rates hitting 70% in major pools. Additionally, Scallop will collaborate with leading meme coins within the ecosystem for a rewards redemption campaign, featuring a total prize pool of $25,000. The meme tokens included in this initiative are $HSUI, $HIPPO, $PUGWIF, $FRATT, $BLUB, and $DAM.
Note: Investing in meme coins carries risks; please evaluate them independently.
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