Scallop is the pioneering Next Generation peer-to-peer Money Market for the Sui ecosystem and is also the first DeFi protocol to receive an official grant from the Sui Foundation. Emphasizes institutional-grade quality, enhanced composability, transparency, and robust security. Offers Lending/Borrowing, lending derivatives, Sui PTB building tools, flash loans, SDKs, and a UI for swaps and bridges.\
\
Scallop: [https://www.scallop.io](https://www.scallop.io/)
## **What is Sui?**
Sui Logo
[Sui ](https://sui.io/)is a Layer 1 blockchain, aiming to provide creators and developers with an easier-to-build experience for the next billion Web3 users. Sui is a decentralized proof-of-stake blockchain with horizontally scalable throughput and storage, allowing high-speed and low-cost application development. Sui's growth company is Mysten Labs, which was co-founded by several employees from the Facebook (later renamed Meta) Novi research team. Sui is not a derivative of the Diem network, nor is it an incremental improvement, but a functional advancement based on blockchain technology to meet the needs of the next generation of cryptocurrency users and developers. Sui aims to become the first Internet-scale programmable blockchain platform by introducing innovative underlying technologies.
**The Sui protocol has the following main features:**
1. Scalability and instant settlement: Sui supports horizontally scalable processing and storage for high-throughput and low-latency transaction settlement.
2. Secure smart contract language: Sui provides a secure smart contract language for developers to define rich and composable on-chain assets for a better user experience.
3. Narwhal and Bullshark DAG memory pool and efficient Byzantine fault-tolerant consensus: Sui uses Narwhal and Bullshark DAG as a memory pool and efficient Byzantine fault-tolerant consensus mechanism to ensure the reliability and consistency of transactions.
4. Causal order and total order enable massively parallel execution: Sui's causal order and total order mechanism allow the execution of many transactions in massive parallel, reducing latency and increasing throughput.
5. Object-based data model and Move programming language: Sui's data model is object-centric and utilizes the object-based Move programming language, enabling composable objects and non-fungible tokens (NFTs). This simplifies the developer experience.
---
# Agent Instructions: Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.
Perform an HTTP GET request on the current page URL with the `ask` query parameter:
```
GET https://docs.scallop.io/readme.md?ask=
```
The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.
Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.
