Scapy is a Python module for creating and sending network packets. It was released in 2011 and allows users to dissect, craft, and send packets at layers 2 through 7. Scapy can be used to analyze protocols like TCP/IP, send spoofed packets, and build new protocols. It represents packets as objects with fields that can be easily manipulated. Scapy provides tools for building, sending, dissecting, and binding packets to allow full control and inspection of network traffic.