Ask about Shadow Exchange

Logo of Shadow ExchangeShadow Exchange(SHADOW)

Total Value Locked$3.6m

TVL by Chain

Sonic$3.6m

Key Metrics

Fees 30d$49,782
Fees 30d by chain

Sonic$49,782

Fees 7d$13,956

Sonic$13,956

Fees 24h$1,713

Sonic$1,713

Cumulative Fees$39.18m

Sonic$39.18m

Revenue 30d$38,131
Revenue 30d by chain

Sonic$38,131

Revenue 7d$11,006

Sonic$11,006

Revenue 24h$1,250

Sonic$1,250

Cumulative Revenue$31.66m

Sonic$31.66m

Holders Revenue 30d$37,800
Holders Revenue 30d by chain

Sonic$37,800

Holders Revenue 7d$10,916

Sonic$10,916

Holders Revenue 24h$1,229

Sonic$1,229

Cumulative Holders Revenue$31.26m

Sonic$31.26m

Incentives 1y$1.34m

$34,061

$10,555

$1,309

$39.81m

Earnings (Annualized)$1.72m

$4,070

$450.49

-$58.60

-$8.16m

DEX Volume 30d$19.44m
DEX Volume 30d by chain

Sonic$19.44m

DEX Volume 7d$5.33m

Sonic$5.33m

DEX Volume 24h$703,208

Sonic$703,208

Cumulative DEX Volume$13.191b

Sonic$13.191b

Market Cap$1.11m

$SHADOW Price$1.11

All Time High$215.63

All Time Low$0.29

View $SHADOW token page

$4.51m

$5.21m

$SHADOW Volume 24h$7,230

CEX Volume$0

DEX Volume$7,812(108.05% of total)

Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteX/Twitter
Category:Dexs
Products:

Yields

Pools Tracked25

Average Supply APY759.49%

User Activity

Active Addresses (24h)1,352

Transactions (24h)9,860

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees:

Shadow Exchange CLMM - Swap fees paid by traders on Shadow concentrated liquidity pools, plus the penalty paid by users who exit xSHADOW early.View code on GitHubShadow Exchange Legacy - Swap fees paid by traders on Shadow legacy pools.View code on GitHub

Revenue:

Shadow Exchange CLMM - The share of swap fees taken from liquidity providers, plus early exit penalties. Each pool sets its own share: pools with a gauge send it to xSHADOW holders who voted for them, pools without a gauge send it to the treasury.View code on GitHubShadow Exchange Legacy - The share of swap fees taken from liquidity providers. Each pool sets its own share: pools with a gauge send it to xSHADOW holders who voted for them, pools without a gauge send it to the treasury.View code on GitHub

Holders Revenue:

Shadow Exchange CLMM - The share of swap fees sent to xSHADOW holders by pools that have a gauge, plus the penalty paid by users who exit xSHADOW early, which is streamed to the remaining holders.View code on GitHubShadow Exchange Legacy - The share of swap fees sent to xSHADOW holders by pools that have a gauge.View code on GitHub

DEX Volume: Volume of all spot token swaps on the DEX

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Competitors

Uniswap V3 ($1.709b)Curve DEX ($1.302b)SushiSwap V3 ($45.67m)SushiSwap ($41.09m)WOOFi Swap ($3.53m)9mm V3 ($3.03m)DyorSwap AMM ($2.75m)Beets DEX ($1.37m)SpookySwap V2 ($936,301)zkSwap V2 ($592,740)

Frequently Asked Questions

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.6m in total value locked. TVL has increased 10.1% over the past 30 days.

What chains does Shadow Exchange operate on?

Shadow Exchange operates on Sonic. Sonic holds the largest share at 100%.

How much has Shadow Exchange generated in fees and revenue?

Over the past 30 days, Shadow Exchange generated $49,782 in fees. Of that, $38,131 was protocol revenue. Based on the trailing year, the annualized rate is $3.28m in fees and $3.06m in revenue.

What is the SHADOW token price and valuation?

SHADOW is currently trading at $1.11. Its circulating market capitalization is $1.11m, ranking it #3,446. Its fully diluted valuation is $4.51m. Supply currently stands at 1m circulating, 4.08m total supply, 10m maximum supply.

How has SHADOW performed recently?

SHADOW is down 17.2% over the past 7 days and up 30.4% over the past 30 days. Its all-time high is $215.63, reached on Feb 20, 2025. The token is currently 99.5% below that level.

How does Shadow Exchange's TVL compare to similar protocols?

Among Dexs protocols tracked by DefiLlama, Shadow Exchange ranks #141 by TVL. The category holds $14.673b across 1,934 protocols, and Shadow Exchange accounts for <0.1% of that total. Other leading protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, WOOFi Swap, 9mm V3, DyorSwap AMM, Beets DEX, SpookySwap V2, and zkSwap V2.

How much trading volume does Shadow Exchange process?

Shadow Exchange processed $19.44m in DEX volume over the past 30 days.