Ask about Shadow Exchange

Logo of Shadow ExchangeShadow Exchange(SHADOW)

Total Value Locked$3.72m

TVL by Chain

Sonic$3.72m

Key Metrics

Fees 30d$50,236
Fees 30d by chain

Sonic$50,236

Fees 7d$11,170

Sonic$11,170

Fees 24h$937

Sonic$937

Cumulative Fees$39.19m

Sonic$39.19m

Revenue 30d$38,717
Revenue 30d by chain

Sonic$38,717

Revenue 7d$8,867

Sonic$8,867

Revenue 24h$837

Sonic$837

Cumulative Revenue$31.66m

Sonic$31.66m

Holders Revenue 30d$38,351
Holders Revenue 30d by chain

Sonic$38,351

Holders Revenue 7d$8,761

Sonic$8,761

Holders Revenue 24h$831

Sonic$831

Cumulative Holders Revenue$31.27m

Sonic$31.27m

Incentives 1y$1.23m

$35,854

$9,486

$1,448

$39.82m

Earnings (Annualized)$1.62m

$2,863

-$618.75

-$610.63

-$8.16m

DEX Volume 30d$19.79m
DEX Volume 30d by chain

Sonic$19.79m

DEX Volume 7d$4.74m

Sonic$4.74m

DEX Volume 24h$478,897

Sonic$478,897

Cumulative DEX Volume$13.195b

Sonic$13.195b

Market Cap$1.21m

$SHADOW Price$1.19

All Time High$215.63

All Time Low$0.29

View $SHADOW token page

$4.88m

$5.6m

$SHADOW Volume 24h$30,030

CEX Volume$0

DEX Volume$30,578(101.83% of total)

Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteX/Twitter
Category:Dexs
Products:

Yields

Pools Tracked23

Average Supply APY40.92%

User Activity

Active Addresses (24h)729

Transactions (24h)3,856

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 ($1.696b)Curve DEX ($1.29b)SushiSwap V3 ($46.04m)SushiSwap ($41.68m)WOOFi Swap ($3.63m)9mm V3 ($2.77m)DyorSwap AMM ($2.71m)Beets DEX ($1.41m)SpookySwap V2 ($924,046)Beets DEX V3 ($569,420)

Frequently Asked Questions

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.72m in total value locked. TVL has increased 13.5% 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 $50,236 in fees. Of that, $38,717 was protocol revenue. Based on the trailing year, the annualized rate is $3.06m in fees and $2.85m in revenue.

What is the SHADOW token price and valuation?

SHADOW is currently trading at $1.19. Its circulating market capitalization is $1.21m, ranking it #3,345. Its fully diluted valuation is $4.87m. Supply currently stands at 1.01m circulating, 4.09m total supply, 10m maximum supply.

How has SHADOW performed recently?

SHADOW is up 0.4% over the past 7 days and up 44.8% over the past 30 days. Its all-time high is $215.63, reached on Feb 20, 2025. The token is currently 99.4% below that level.

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

Among Dexs protocols tracked by DefiLlama, Shadow Exchange ranks #137 by TVL. The category holds $14.797b 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 Beets DEX V3.

How much trading volume does Shadow Exchange process?

Shadow Exchange processed $19.79m in DEX volume over the past 30 days.