Scallop, Sui's next-generation peer-to-peer money market and DeFi protocol, raised $3 million in a strategic funding round led by Coin Merge Strategy (CMS) and 6th Man Ventures (6MV), with participation from KuCoin Labs, Side Door Ventures, Oak Grove Ventures, Signum Capital, Blockchain Founders Fund, Cypher Capital, Mysten Labs, Kyros Ventures, 8186 Capital, 7UpDAO, LBANK Labs, ViaBTC Capital, Cetus Protocol, Zellic, AC Capital, Criterion VC, and UOB Venture Management.