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%.