What is Scopuly (SCOP) crypto coin? A detailed look at the Stellar-based DeFi token
Scopuly (SCOP) isn’t just another crypto coin. It’s a token built on the Stellar network designed to power a full digital banking ecosystem - not just a wallet, but a way to spend, earn, and manage money without banks. Launched in August 2019, SCOP has stayed under the radar for most crypto traders, but its real value lies in how it’s used inside the Scopuly platform - a non-custodial wallet that connects crypto with everyday spending.
What exactly is SCOP used for?
SCOP isn’t meant to be held as a speculative asset. It’s a utility token - the key that unlocks services inside the Scopuly app. Think of it like a membership card that gives you access to features like cashback, staking rewards, and trading tools. Every time you use the Scopuly Card to buy coffee or pay bills, you earn SCOP back. That’s not a gimmick - it’s built into the tokenomics. For every transaction, 10% of the total SCOP supply is reserved for cashback rewards, paid directly to users.
On top of that, SCOP holders get monthly staking rewards. The Scopuly team takes a snapshot of all SCOP balances on a random day each month and distributes new tokens based on how much you hold. No locking up funds. No minimums. Just holding SCOP in your wallet earns you more SCOP. It’s a simple, transparent model - no complicated staking pools or delegation fees.
SCOP also acts as a governance token. While Scopuly hasn’t released detailed voting rules yet, the token gives holders a say in future upgrades - like which new assets to support or how to adjust reward rates. This isn’t just a token for trading; it’s meant to grow with the ecosystem.
How does Scopuly work on the Stellar blockchain?
Scopuly runs entirely on Stellar, a blockchain known for speed and low fees. Transactions confirm in 3-5 seconds, and fees are less than a penny. SCOP is a native Stellar token, which means it doesn’t need a separate network. All you need is a Stellar wallet address, a small amount of XLM (Stellar’s native currency), and a trustline to accept SCOP.
Here’s the catch: you need at least 2.5 XLM in your wallet just to activate it. That’s not a bug - it’s how Stellar works. The 2.5 XLM acts as a reserve to prevent spam and keep the network clean. But for new users, especially during XLM price spikes, this can feel like a barrier. If you don’t have enough XLM, you can’t even start using SCOP.
The Scopuly app supports Android, iOS, Windows, macOS, and web. Your wallet syncs across all devices. You can store SCOP, XLM, Bitcoin, Ethereum, Ripple, and dozens of other assets issued on Stellar. The wallet even lets you merge multiple accounts - useful if you’ve created more than one wallet by accident.
The tokenomics: Where do all the SCOP tokens go?
There are 10 billion SCOP tokens in total - and all of them have been allocated. No more will ever be created. Here’s how they’re split:
- 10% - Foundation (long-term development)
- 10% - Marketing & Ecosystem Growth
- 10% - Airdrops to early users
- 10% - Community Rewards (staking)
- 10% - Holder Rewards (ongoing incentives)
- 10% - Liquidity Providers (on Stellar DEX)
- 10% - Trader Rewards (based on monthly volume)
- 10% - Scopuly Card Cashback
- 5% - Private Sale
- 5% - Referral Program
This structure shows Scopuly isn’t trying to pump and dump. Most of the supply is tied to user activity - spending, trading, holding, and referring others. The team didn’t hoard tokens. They distributed them to people who use the platform.
As of February 2026, about 3.14 billion SCOP are in circulation. That’s only 31% of the total supply. The rest are locked in rewards programs, foundation reserves, or waiting to be distributed. That means if all tokens were released, the market cap could jump from $31.96 million to over $101 million - but that’s only if demand keeps up.
How do you get SCOP?
You can’t buy SCOP on Binance or Coinbase. It’s only available on a few smaller exchanges like HTX and decentralized platforms on the Stellar network. Most people get SCOP through:
- Using the Scopuly Card - earn 0.5% to 2.5% back in SCOP on every purchase
- Staking - hold SCOP in your wallet and get monthly rewards
- Airdrops - from past community events or referrals
- Trading - swap XLM or other assets for SCOP on Stellar DEX
The cashback program is the most popular way to earn SCOP. Users report getting 1-3 SCOP per $10 spent. Over time, that adds up. One Reddit user said they earned over 5,000 SCOP in six months just by using the card for groceries and gas.
Pros and cons: Is Scopuly worth it?
Pros:
- Real utility - SCOP isn’t just a coin; it’s used for cashback, staking, and rewards
- Non-custodial - you control your keys. Scopuly doesn’t store them
- Low fees - Stellar transactions cost pennies
- Fast - payments confirm in seconds
- Multi-asset support - store crypto, stablecoins, and tokens in one wallet
- Strong focus on emerging markets - 63% of users are from Southeast Asia and Latin America
Cons:
- Low liquidity - daily trading volume is near $0 on major trackers
- Hard to buy - not listed on big exchanges
- 2.5 XLM barrier - new users need to buy XLM first
- Learning curve - Stellar’s trustline system confuses beginners
- Delayed rewards - some users report staking rewards arriving 10 days late
It’s not for everyone. If you want to flip SCOP for quick profits, you’ll be disappointed. But if you want to use crypto for daily spending and earn rewards without relying on banks, it’s one of the few projects that actually delivers.
What’s next for Scopuly?
Scopuly isn’t standing still. In late 2025, they integrated with Stellar’s Soroban smart contracts, opening the door for more complex DeFi tools. In January 2026, they launched Scopuly Pay - a system that lets merchants accept SCOP and XLM as payment. That’s a big step toward becoming a real digital bank.
They’re also working on a bridge to Binance Smart Chain, which could let users move SCOP to other networks. And by mid-2026, they plan to integrate with Central Bank Digital Currencies (CBDCs) - meaning you might soon be able to swap SCOP for digital versions of the peso, baht, or peso.
Their goal? To replace traditional banking for millions of people who don’t have access to banks - or hate the fees. So far, they’ve built a working product. Now they just need to scale it.
Who is Scopuly for?
Scopuly is perfect for:
- People in countries with high inflation or unstable banks
- Stellar ecosystem users who want more than just a wallet
- Anyone who spends crypto daily and wants rewards
- Users tired of centralized apps that lock up your funds
It’s not for:
- Day traders looking for volatility
- People who want to buy SCOP on Coinbase
- Those who dislike learning new systems
If you’re already using Stellar, Scopuly adds real value. If you’re new, start with the wallet, fund it with 2.5 XLM, and earn your first SCOP through the card. The rewards add up - slowly, but surely.
