PANews reported on October 30 that according to the statistics of analyst @Torero_Romero, the Sui network has performed outstandingly in terms of stablecoin yields, among which the Scallop protocol provides an annualized yield of 12.72% and 7.57% for USDC and USDT respectively, ahead of on-chain protocols such as Solana and Ethereum. In addition, users can obtain veSCA by staking $SCA, and can also obtain a reward APR of up to 45% in lending.
The yield of stablecoins on Sui chain is higher than that of Solana and Ethereum, among which the APR of Scallop protocol staking loan reward is 45%.
- 2025-01-10
Berachain mainnet is coming soon, a panoramic guide to the ecological AI track and potential projects
- 2025-01-10
Mysten Labs’ former chief legal officer Kevin Boon joins as president
- 2025-01-10
Compound adds Ethena's USDe and Mantle's mETH as lending collateral
- 2025-01-08
A whale's approximately $20 million SUI long position is facing liquidation
- 2025-01-07
The active loan volume of on-chain lending agreements exceeded US$20 billion, setting a new record high
- 2025-01-07
Ripple and Chainlink Collaborate to Boost RLUSD’s Usability in DeFi