Scallop vs USDS — how do they compare? Scallop trades at Rp119.79 (market cap Rp24,21M, Rp19,2M 24h volume), while USDS trades at Rp17,875 (market cap Rp175,2T, Rp4,56T 24h volume). The key difference: USDS is far larger — about 7236679.1× Scallop's market cap, and Scallop's supply is capped (160,8M / 250M SCA (65%)) while USDS's keeps growing. Which is the better fit depends on your goals — on Pluang, investors hold Scallop for 14 Days and USDS for 12 Days on average.
| SCA | USDS | |
|---|---|---|
Market Cap | Rp24,21M | Rp175,2T |
Volume (24h) | Rp19,2M | Rp4,56T |
Circulating Supply | 160,8M / 250M SCA (65%) | 9,8B USDS |
Typical Hold Time | 14 Days | 12 Days |
Scallop is an advanced decentralized finance (DeFi) protocol built on the Sui blockchain. It offers a wide range of financial services, including lending, borrowing, automated market making (AMM), and asset management. Developed by Scallop Labs, which has a team of experts in DeFi, cybersecurity, and fintech, Scallop has attracted support from notable investors such as CMS Holdings, 6th Man Ventures, KuCoin Labs, and Mysten Labs. Additionally, it is the first DeFi project to receive an official grant from the Sui Foundation, highlighting its institutional-grade quality and strong security features.
Read more on SCA →USDS (Sky Dollar) is a decentralized stablecoin issued by Sky Protocol, the rebranded successor to MakerDAO, one of DeFi’s most established names. Pegged 1:1 to the US dollar, USDS is minted by locking crypto assets as collateral and is fully upgradeable from DAI at a 1:1 ratio. Beyond price stability, USDS offers native yield through the Sky Savings Rate, governance token rewards via SKY, and is available across multiple chains including Ethereum and Solana.
Read more on USDS →