Logo of ShadeSwap

ShadeSwap(SHD)Deprecated protocol

Key Metrics

Total Raised$5m

Feb 19, 2022$5mRound: Private token saleInvestors: SCRT Labs, Figment, Kucoin Labs, Composable Labs, AW3 Labs, NGC Ventures, Sky Vision Capital, A41 Ventures, SkyBridge20 Ventures, Bison Fund, Quant Capital, Citadel.One, Shima Capital, Momentum6, Basics Capital, Taureon, Divergence Ventures, AVentures, GravityX Capital, 0x Ventures

Protocol Information

A privacy preserving dex with a novel curve for liquid staking derivatives and stablecoins.

Category:Dexs

Sub Category: StableSwap

Audits:

ShadeSwap history

TVL is the default DefiLlama definition. Daily values are UTC snapshots from Apr 13, 2023 to Aug 12, 2026.

All-time high TVL: $17.08m on Mar 14, 2024. All-time low TVL: $111,241 on Jul 24, 2026.

Daily TVL, Jul 14, 2026 to Aug 12, 2026

DateTVL
Jul 14, 2026$408,696
Jul 15, 2026$162,495
Jul 16, 2026$148,855
Jul 17, 2026$146,993
Jul 18, 2026$140,075
Jul 19, 2026$133,758
Jul 20, 2026$134,002
Jul 21, 2026$133,901
Jul 22, 2026$129,339
Jul 23, 2026$126,567
Jul 24, 2026$111,241
Jul 25, 2026$118,438
Jul 26, 2026$122,050
Jul 27, 2026$121,199
Jul 28, 2026$116,377
Jul 29, 2026$117,288
Jul 30, 2026$119,053
Jul 31, 2026$116,311
Aug 1, 2026$115,806
Aug 2, 2026$121,494
Aug 3, 2026$120,277
Aug 4, 2026$155,276
Aug 5, 2026$200,013
Aug 6, 2026$150,680
Aug 7, 2026$141,263
Aug 8, 2026$140,792
Aug 9, 2026$141,947
Aug 10, 2026$156,467
Aug 11, 2026$155,429
Aug 12, 2026$159,953

TVL at each month end, Sep 2024 to Aug 2026

DateTVL
Sep 30, 2024$5.7m
Oct 31, 2024$5.15m
Nov 30, 2024$9.27m
Dec 31, 2024$7.68m
Jan 31, 2025$6.45m
Feb 28, 2025$5.22m
Mar 31, 2025$4.21m
Apr 30, 2025$4.12m
May 31, 2025$3.75m
Jun 30, 2025$3.73m
Jul 31, 2025$2.48m
Aug 31, 2025$2.66m
Sep 30, 2025$2.3m
Oct 31, 2025$1.8m
Nov 30, 2025$1.57m
Dec 31, 2025$1.2m
Jan 31, 2026$1.3m
Feb 28, 2026$1.03m
Mar 31, 2026$771,415
Apr 30, 2026$825,247
May 31, 2026$765,452
Jun 30, 2026$439,194
Jul 31, 2026$116,311
Aug 12, 2026 (latest)$159,953

TVL at each year end, Dec 31, 2023 to Dec 31, 2025

DateTVL
Dec 31, 2023$9.8m
Dec 31, 2024$7.68m
Dec 31, 2025$1.2m

The .csv export on the chart above downloads every daily value. The same data is in the public API: https://api.llama.fi/protocol/shadeswap

Frequently asked questions

What is ShadeSwap's TVL?

As of Aug 12, 2026, ShadeSwap has $159,953 in total value locked. TVL has decreased 61% over the past 30 days.

What chains does ShadeSwap operate on?

ShadeSwap operates on Secret.