Kraken Lists Scallop (SCA) on Sui, Enhances Liquidity and Access
Kraken has officially listed Scallop (SCA) for spot trading as of October 27, 2025, opening the DeFi token to millions of global users. Scallop is built on the high-throughput Sui blockchain and features a P2P money market, integrated AMM, cross-chain tools and on-chain governance. Users can deposit SCA via supported networks to begin trading immediately; Kraken App and Instant Buy access will follow once liquidity thresholds are met.
The listing boosts SCA trading access, liquidity and price discovery, driving tighter spreads and higher trading volumes. Token holders can trade, stake and participate in governance directly on Kraken. Backed by investors such as 6MV, CMC Holdings, Sui Foundation and UOB, Scallop’s market profile and institutional appeal are set to grow, strengthening credibility and sustaining liquidity in the broader Sui DeFi ecosystem.
Bullish
Kraken’s listing of Scallop (SCA) on its spot platform is a clear bullish catalyst for the token. In the short term, the launch will likely trigger a surge in trading volume and tighter spreads as global users gain immediate access and markets react to increased liquidity. Over the medium and long term, exchange backing enhances Scallop’s credibility, attracts institutional interest and deepens market depth. Backing from major investors and integration with a high-throughput blockchain like Sui further supports sustained demand, making the overall impact on SCA price and liquidity positive.