Scallop’s fees exceeded $641,000 last week, ranking fourth in both fees and revenue.

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According to Foresight News, based on official information, Scallop created over $279,000 in revenue in the past 7 days, making it the fourth-ranked lending protocol in terms of income, behind Venus, AAVE, and Kaminolend. At the same time, Scallop ranks fourth in fee collection, with fees exceeding $641,000 collected in the past 7 days. Scallop recently launched a simple yield activity with Binance Wallet and temporarily suspended lending within 24 hours to address the FDUSD de-pegging risk, yet still achieved high revenue.

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