Scallop Lend
Overview
TVL
$11.1M
Down 21% over 90 days
Live since
2023
Lent out to borrowers$2.5M· not in TVL
TVL, last 90 days
Elevated
Full data
Security
AuditsAudited by Zellic and Ottersec, December 2025Audit page
Contract statusSource published, build not independently verified, upgradeableShared state package 0xefe8…fddfSource code
Upgrades controlled byMultisig0x1226…8d5c
Multisig3 of 5 signers must approveSafe 0x1226…8d5c
TimelockNone — admin changes take effect immediately
Track record
Through market stressCame through all 2August 2024 crash — deposits grew 107%October 2025 liquidation cascade — kept 47% of its deposits
Exploit history
- 26 Apr 2026 — Reward Logic Flaw$142K lost · No reimbursement recorded