Scallop Lend · Sui

USDC

Overview

The Scallop Lend USDC pool on Sui is a single-asset lending position where suppliers earn variable interest on stablecoin deposits. Scallop Lend generates yield by matching depositors with borrowers seeking USDC loans and distributing the resulting interest to lenders.

Total APY stands at 5.22%, with no additional reward component. Over the past week, the rate has increased by 0.50% but over the last month it has declined by 1.63%, placing the current yield below the 30-day mean of 5.42%.

TVL is $1.23M and shows no significant change in the recent seven days. The primary risk here is depeg risk on the underlying stablecoin, USDC. This pool benefits from deep liquidity typical for single-asset lending positions.

Composed 2026-05-20 from the structured data above. See methodology for the full pipeline.

Risk profile

• Smart contract risk

  Funds are deposited into a smart contract. A bug or exploit in the contract could lead to total loss. Audits reduce, but do not eliminate, this risk. Check the protocol page for audit history.

• Depeg risk

  The pool is built on stablecoins. A depeg of any underlying asset would impact returns and principal.

• Yield variability

  Current APY is 4.57%; 30-day mean is 5.39%. Yields can change as TVL and incentive emissions change.

• DefiLlama yield prediction

  DefiLlama's model classifies this pool's yield as "Stable/Up" with 77% confidence based on historical patterns.

These notes are derived from the pool's structured data, not editorial advice. See our methodology.