ScallopMicro-cap

Scallop receives a B- risk grade (32/100) from Hindenrank, where lower scores indicate lower risk. Moderate risk — strong position on Sui, but single-chain concentration and immature security tooling on a young blockchain are real constraints The top lending protocol on the Sui blockchain, where you deposit tokens to earn interest or borrow against them. It holds $200M in deposits and raised $3M. Its B- grade reflects that being the biggest lender on a young blockchain means absorbing all ecosystem-wide shocks, with fewer battle-tested security tools than Ethereum.

The key risks identified for Scallop are: (1) Everything runs on Sui. If SUI token crashes 50%, mass liquidations would overwhelm the thin trading liquidity on Sui's exchanges, creating bad debt (2) Sui's smart contract language (Move) has far fewer security researchers and audit tools than Ethereum's Solidity, meaning bugs are harder to catch (3) The protocol relies on three separate price feeds (Pyth, Switchboard, Supra) -- if they disagree during a volatile moment, interest rates and liquidations can misfire

Scallop scores 32/100 across eight risk dimensions: Mechanism Novelty: 2/15, Interaction Severity: 6/20, Oracle Surface: 2/10, Documentation Gaps: 3/10, Track Record: 5/15, Scale Exposure: 3/10, Regulatory Risk: 5/10, Vitality Risk: 6/10. The highest risk area is Vitality Risk at 6/10.

Among 95 rated Lending protocols on Hindenrank, Scallop ranks #30 by safety (lowest risk score = safest). Its 32/100 risk score and B- grade place it among the safer Lending protocols.

Scallop scores 5/15 on the Track Record risk dimension, indicating some history of security incidents or exploits. Higher scores reflect more severe or frequent incidents. Review the full risk report for details.