Scallop, a leading protocol in the SUI ecosystem, has announced multiple significant developments. The protocol's native token, $SCA, is set to be listed on several major exchanges including Bybit, Kucoin, MEXC, Gate.io, BingX, and LBank, with listings going live on March 8, 2024, at 10 AM UTC. This move is expected to enhance Scallop's liquidity and accessibility to a wider audience. Additionally, Scallop has launched the third phase of its $SCA staking program, offering a reward pool of 2,250,000 $SCA over 15 days, starting from March 8, 2024, at 11 AM UTC. The Total Value Locked (TVL) in Scallop has surpassed $117M, positioning it as the top DeFi protocol within the SUI network, accounting for over 25% of the chain's total TVL and over 20% of $SUI's $116m TVL. This growth is supported by significant investments, including a $4.3M liquidity provision by Gotbit Hedge Fund. The protocol's success is attributed to its robust ecosystem, strong backing from venture capitalists and angel investors, and its role as a cornerstone of the SUI DeFi landscape.