ShibaSwap

ShibaSwap

Volume(24h)

$3,099,866.70

102 BTC

About ShibaSwap

What Is ShibaSwap?

ShibaSwap is the decentralized exchange of the Shiba Inu (SHIB) coin. Shiba Inu is a popular dog-themed meme coin that was inspired by the success of Dogecoin and has earned itself the title of “Dogecoin killer.” Shiba Inu recently [November 2021] managed to briefly surpass Dogecoin in market capitalization, partly thanks to its ShibaSwap exchange.

ShibaSwap enables users to provide liquidity and swap different tokens while earning its governance token BONE in the process. Users can also trade NFTs, so-called “Shibatoshis,” a collection of 10,000 unique NFTs related to the Shiba Inu ecosystem. Other functionalities include staking, swapping tokens, collecting rewards and checking portfolio analytics.

Who Founded ShibaSwap?

After burning half of its supply to Vitalik Buterin, who proceeded to donate his tokens to charity, the Shiba Inu community decided that SHIB would need to set itself apart from other meme coins and started working on ShibaSwap.

Since the founder of Shiba Inu is unknown, the same is true for ShibaSwap. The Shiba Inu community developed the exchange in order to increase the utility of the SHIB token. Shiba Inu was created in August 2020 by “Ryoshi,” a pseudonymous developer. Shiba Inu’s “Woofpaper” explains three reasons for the creation of Shiba Inu:

  • “We started from zero, with zero.”
  • “The brilliant minds behind Shib had never collaborated before.”
  • “We love Shiba Inu Dogs.”

What Makes ShibaSwap Unique?

ShibaSwap is a fully functional decentralized exchange with all the functionality of other decentralized exchanges like UniSwap and PancakeSwap. The biggest difference is that all DeFi functions on ShibaSwap are dog-themed and named differently than they would be on a regular exchange.

For instance, providing liquidity is called “digging” and as a reward, liquidity providers receive ShibaSwap liquidity pool tokens (SSLP). Staking is titled “Bury,” and users can stake all three tokens SHIB, BONE, and LEASH for attractive yield. 33% of bone rewards from staking are available immediately, while the remaining 66% are locked up for six months. Users can also check their “Bonefolio” performance in the “Dogalytics.” “Woofing” returns is to swap SSLP tokens for BONE, the protocol’s governance token.

As of Oct. 30, 2021, ShibaSwap has an impressive TVL of $452 million. It also offers two additional tokens to its SHIB coin. BONE is the exchange’s governance token with a total supply of 250 million tokens. BONE holders can propose and vote on changes to the Shiba protocol via its Doggy DAO. LEASH was originally launched as a rebase token, similar to an algorithmic stablecoin. It automatically increased and decreased in supply, while keeping its price pegged to another asset. In the case of LEASH, the price was supposed to track the price of Dogecoin at a rate of 1:1000. The protocol changed this and the price of LEASH is now allowed to float freely. Since there are only 107,647 LEASH, the token acts as a sort of store of value for the Shiba Inu ecosystem.

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Markets

Pair

All

#

Currency

Pair

Price

+2% Depth

-2% Depth

Volume

Volume %

Liquidity

Updated

1

Bone ShibaSwap

$0.338

--

$823,722

26.57%

0

Recently

2

Doge Killer

$501.37

--

$273,728

8.83%

0

Recently

3

Shiba Inu

$0.00001253

--

$210,375

6.79%

0

Recently

4

Shiba Inu

$0.00001259

--

$597,626

19.28%

0

Recently

5

Dai

$0.9966

--

$258,552

8.34%

0

Recently

6

USD Coin

$1.00

--

$142,013

4.58%

0

Recently

7

Ryoshis Vision

$0.00000005278

--

$89,850

2.90%

0

Recently

8

WETH

$2,076.89

--

$284,912

9.19%

0

Recently

9

Shiba Inu

$0.00001257

--

$95,430

3.08%

0

Recently

10

Voxel X Network

$0.03881

--

$64,575

2.08%

0

Recently

11

Shiba Inu

$0.00001257

--

$45,028

1.45%

0

Recently

12

Doge Killer

$500.82

--

$41,855

1.35%

0

Recently

13

xFund

$441.42

--

$10,582

0.34%

0

Recently

14

Doge Killer

$500.84

--

$41,368

1.33%

0

Recently

15

Dog Collar

$0.000000004857

--

$13,725

0.44%

0

Recently

16

Saitama

$0.000000003894

--

$20,599

0.66%

0

Recently

17

Dogelon Mars

$0.0000005214

--

$10,435

0.34%

0

Recently

18

Civilization

$0.09042

--

$11,632

0.38%

0

Recently

19

Polygon

$0.7046

--

$10,256

0.33%

0

Recently

20

Falcon 9

$0.003155

--

$3,727

0.12%

0

Recently

21

UFO Gaming

$0.000002635

--

$1,494

0.05%

0

Recently

22

Vectorspace AI

$1.07

--

$7,925

0.26%

0

Recently

23

Dai

$0.9881

--

$0.00

0.00%

0

Recently

24

Shibaverse

$0.004461

--

$7,182

0.23%

0

Recently

25

MetaBET

$0.007226

--

$3,839

0.12%

0

Recently

26

Shina Inu

$0.0000002796

--

$2,240

0.07%

0

Recently

27

Saitama

$0.000000003833

--

$2,199

0.07%

0

Recently

28

Polygon

$0.7078

--

$1,789

0.06%

0

Recently

29

Chainlink

$7.40

--

$0.00

0.00%

0

Recently

30

FOAM

$0.0624

--

$0.00

0.00%

0

Recently

31

Wrapped Bitcoin

$30,342.49

--

$12,774

0.41%

0

Recently

32

Dogelon Mars

$0.0000005253

--

$1,147

0.04%

0

Recently

33

Chainlink

$7.74

--

$840.99

0.03%

0

Recently

34

Unit Protocol Duck

$0.007635

--

$834.23

0.03%

0

Recently

35

WETH

$2,156.17

--

$583.33

0.02%

0

Recently

36

Doge Killer

$498.05

--

$564.48

0.02%

0

Recently

37

Starlink

$0.000004163

--

$529.43

0.02%

0

Recently

38

Uniswap

$5.29

--

$470.77

0.02%

0

Recently

39

SushiSwap

$1.31

--

$409.75

0.01%

0

Recently

40

Decentraland

$1.22

--

$213.50

0.01%

0

Recently

41

Bankless DAO

$0.0227

--

$210.92

0.01%

0

Recently

42

Synthetix

$2.79

--

$195.06

0.01%

0

Recently

43

WETH

$2,022.59

--

$148.02

0.00%

0

Recently

44

Piccolo Inu

$0.00000001822

--

$121.39

0.00%

0

Recently

45

FEG Token

$0.000000000823

--

$44.27

0.00%

0

Recently

46

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

47

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

48

Kishu Inu

$0.000000000615

--

$0.00

0.00%

0

Recently

49

WETH

$2,124.79

--

$128.97

0.00%

0

Recently

50

Million

$3.68

--

$3,681

0.12%

0

Recently

51

WETH

$2,076.46

--

$33.70

0.00%

0

Recently

52

Gains Farm

$736.92

--

$0.00

0.00%

0

Recently

53

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

54

Shiba Inu

$0.00001257

--

$0.00

0.00%

0

Recently

55

WETH

$2,121.55

--

$0.00

0.00%

0

Recently

56

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

57

yTSLA Finance

$0.00002739

--

$0.00

0.00%

0

Recently

58

WETH

$2,140.72

--

$0.16

0.00%

0

Recently

59

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

60

MegaCryptoPolis

$1.92

--

$0.00

0.00%

0

Recently

61

Charizard Inu

<$0.000000000001

--

$0.00

0.00%

0

Recently

62

Shiba Inu

$0.0000138

--

$0.00

0.00%

0

Recently

63

Chopper Inu

<$0.000000000001

--

$0.00

0.00%

0

Recently

64

Ironman

$0.00000006336

--

$0.00

0.00%

0

Recently

65

Terran Coin

$3.51

--

$0.00

0.00%

0

Recently

66

Wrapped Bitcoin

$30,414.52

--

$0.00

0.00%

0

Recently

67

DeltaFlare

$0.007126

--

$0.00

0.00%

0

Recently

68

GrimaceCoinErc.com

$0.00000008712

--

$0.00

0.00%

0

Recently

69

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

70

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

71

MandoX

$0.000000000013

--

$0.00

0.00%

0

Recently

72

Tiger King Coin

$0.000003575

--

$0.00

0.00%

0

Recently

73

GLOBALTRUSTFUND TOKEN

$0.0001812

--

$0.00

0.00%

0

Recently

74

BunnyVerse

$0.000001207

--

$0.00

0.00%

0

Recently

75

MandoX V2

$0.0000003762

--

$0.00

0.00%

0

Recently

76

KakashiInuV2

$0.000000006497

--

$0.00

0.00%

0

Recently

77

Shiba Inu

$0.00001257

--

$0.00

0.00%

0

Recently

78

Audius

$0.4466

--

$0.00

0.00%

0

Recently

79

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

80

Church Dao

$0.000000001295

--

$0.00

0.00%

0

Recently

81

Kimetsu Inu

$0.00000004875

--

$0.00

0.00%

0

Recently

82

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

83

Cyn-C

$0.0000003012

--

$0.00

0.00%

0

Recently

84

SWAPP Protocol

<$0.000000000001

--

$0.00

0.00%

0

Recently

85

Goku

$0.000000000008

--

$0.00

0.00%

0

Recently

86

GLOBALTRUSTFUND TOKEN

$0.00001174

--

$0.00

0.00%

0

Recently

87

Saitanobi

<$0.000000000001

--

$0.00

0.00%

0

Recently

88

Tether

$3.25

--

$0.00

0.00%

0

Recently

89

Ryoshi Token

$0.000000006713

--

$0.00

0.00%

0

Recently

90

Spheroid Universe

$0.03086

--

$0.00

0.00%

0

Recently

91

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

92

WETH

$2,076.46

--

$0.00

0.00%

0

Recently

93

WETH

$2,076.46

--

$0.00

0.00%

0

Recently