About Scallop
Scallop is an innovative fintech decentralized ecosystem built to offer users a faster and more efficient way to securely manage crypto and fiat currencies in a single place. Scallop is a robust platform that combines decentralized financial services with banking features such as bank accounts, cards, remittance and much more - to promote the general usage of crypto in daily life. Scallop’s mission is to bring digital assets into mainstream use and accelerate the transition to a more equitable and decentralised ecosystem. The Scallop token, SCLP, will be an ERC-20 and BEP token and will be an integral within the Scallop ecosystem. It has several native use cases such as receiving trading bonus payments, staking, payment of transaction fees, etc. Scallop offers traditional banking services with a strong cryptocurrency and DeFi integration for both individuals and institutions. It’s the only banking service to directly connect banking accounts to hardware or digital wallets and as such facilitate seamless crypto to fiat (and vice versa transactions. Included in Scallop suite of ten ‘X’ products is: - Scallop Pay - Payment Gateway for businesses to set up on/off ramp from crypto to fiat and vice versa, to receive payments from customers Scallop Cards - Pay for any goods or services online or in-store using digital assets Scallop Chain - World’s first regulated blockchain that will overlay the entire Scallop banking ecosystem. It can power cross-chain financial applications and allows institutional partners to design and deploy secure custody services, interest-bearing savings accounts, debit cards, and a fiat on-ramp to cryptocurrencies.
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Trading Insights
Searched
1
Market Stats
Market Cap
$882.61K
-8.36%
FDV
$1.59M
Circ. Supply
56M SCLP
Max Supply
100M SCLP
Total Supply
100M SCLP
Diluted Valuation
$1.59M
Performance
Popularity
Not enough data
Dominance
0%
Volume (24H)
$1.63K
-61.66%
Volume (7D)
Not enough data
Volume (30D)
Not enough data
All time high
$0.0159
Price Change (1Y)
-93.12%
Additional details
Recent trends
The latest SCLP price is $0.0158. Compared to Scallop's value of $0.02 from 24 hours ago, there's been a -8% decrease, while the current price is -9% down from $0.02 which was recorded one week ago. Scallop's all time high is $0.0159, which was reached on June 19, 2025. This is a -0% change from its price today.
The current circulating supply of Scallop is 55,663,231. This is 56% of its max supply of 100,000,000 SCLP and 56% of its total supply of 100,000,000. The market cap is currently $882.61K, which is a result of multiplying the current price of Scallop($0.02) by the total supply(100,000,000 SCLP). The fully diluted valuation of Scallop is $1.59M. The diluted valuation of Scallop is $1.59M.
Market details
SCLP vs markets
↘ 95.06%
SCLP vs BTC
↘ 95.72%
SCLP vs ETH
↘ 90.32%
Tags
Network & Addresses
Network | Address | |
|---|---|---|
BNB Smart Chain | 0xF2c96E402c9199682d5dED26D3771c6B192c01af |
Price history
Time | Price | Change |
|---|---|---|
Today | $0.0158 | ↘ 8.53% |
1 Day | $0.0173 | ↘ 8.36% |
1 Week | $0.0174 | ↘ 8.92% |
1 Month | $0.0199 | ↘ 20.13% |
1 Year | $0.23 | ↘ 93.12% |
FAQ
Scallop (SCLP) aims to be a regulated decentralized finance (DeFi) banking application that allows retail and institutional users to profit from decentralized ecosystems. The main objective of Scallop aims to mainstream DeFi activities.
Cryptocurrency acceptance has steadily grown with a gradual increase in use cases. However, swapping funds between centralized and decentralized financial ecosystems is still cumbersome. Also, complex DeFi structures create entry barriers for large-scale adoption. Users cannot easily convert cryptocurrencies to conventional assets used in everyday transactions. To address this, the whitepaper highlights that Scallop aims to use the blockchain to provide consumers with financial solutions that are secure and reliable.
The resulting environment seeks to be secure, but it is also user friendly. Scallop's technology aims to provide tools for customers to benefit from the cryptocurrency market without the complication or ambiguity that has hitherto accompanied their use. Focusing on this, Scallop aims to make the platform more accessible for both crypto knowledgeable users and novices by combining the comfort of an ordinary payment card to be easily used in the DeFi ecosystem.
According to the whitepaper, the Scallop token (SCLP) is a Binance Smart Chain (BSC) network utility token. Binance Smart Chain is a parallel chain that runs smart contracts on the Binance exchange. Smart contracts are just like regular contracts; however, instead of being drafted on paper, these contracts run in the form of protocols on the blockchain. Scallop developers chose BSC due to its broad range of DeFi capabilities. SCLP tokens can be used to pay for the exchange/transaction costs, monthly management fee, institutional management fee, loading & unloading fee, and token hosting fee.
Raj Bagadi and Mindy Bejawn cofounded Scallop, where Bagadi is the CEO and Bejawn is the COO. Bagadi has a master's degree in business development and management and a postgraduate certificate in economic development from Oxford. In the United Kingdom, he is also a certified anti-money laundering specialist.
The whitepaper mentions a maximum total supply of 100,000,000 SCLPs.
We update our Scallop to USD currency in real-time. Get the live price of Scallop on Coinbase.
The current market cap of Scallop is $882.61K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Scallop is $0.0159. This all-time high is highest price paid for Scallop since it was launched.
Over the last 24 hours, the trading volume of Scallop is $1.63K.
Assets that have a similar market cap to Scallop include Papi, Jarvis Synthetic Swiss Franc, SocialBlox, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Scallop is 56 million.
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