Comment by MattJ100

Not at all. If you mean SCRAM, it was actually pretty novel when it was introduced because it allows the server to store a hash, the client to store a hash, and only a hash is exchanged over the wire.

SCRAM also allows the client to verify that the server possesses the password (or a hash of it), so a MITM that just says "yep, your credentials are correct - go ahead!" can be detected.

Channel binding is an addition to SCRAM (it's usable outside of SCRAM too) that allows securely checking the TLS stream as well. Specifically it allows verification that the TLS stream is terminated by the same entity that has (a hash of) your password.