Scallop, a DeFi project built on the Sui blockchain, announced reaching a significant milestone, with its loan amount (loans + borrows) surpassing $100 billion. This milestone reflects the growing adoption and usage of Scallop's decentralized finance (DeFi) services on the Sui network. In addition to the $100 billion loan amount, Scallop also reported other impressive metrics. Fees generated from its platform amounted to $2 million, while flash loan fees totaled $2.2 billion. The total swap volume on Scallop reached $57 million, and the total value locked (TVL) hit an all-time high of $167 million. Scallop highlighted the significance of the loan amount milestone, stating that "the loan amount indicator can be a representative milestone that can indicate active user activity on decentralized applications (DApps)." This milestone demonstrates the increasing demand for DeFi services on the Sui network and the growing adoption of Scallop as a leading DeFi platform.