Logo of Shadow ExchangeShadow Exchange(SHADOW)
Total Value Locked$3.21m

TVL by Chain

Sonic$3.21m

Key Metrics

Fees (Annualized)$4.98m
Fees 30d$38,140.38

Sonic$38,140.38

Fees 7d$8,590.63

Sonic$8,590.63

Fees 24h$2,965

Sonic$2,965

Cumulative Fees$39.12m

Sonic$39.12m

Revenue (Annualized)$4.7m
Revenue 30d$35,970.67

Sonic$35,970.67

Revenue 7d$7,824.73

Sonic$7,824.73

Revenue 24h$2,760

Sonic$2,760

Cumulative Revenue$31.6m

Sonic$31.6m

Holders Revenue (Annualized)$4.68m
Holders Revenue 30d$35,885.79

Sonic$35,885.79

Holders Revenue 7d$7,804.37

Sonic$7,804.37

Holders Revenue 24h$2,756

Sonic$2,756

Cumulative Holders Revenue$31.21m

Sonic$31.21m

Incentives 1y$2.34m

$20,449.77

$4,008.14

$647.89

$39.77m

Earnings (Annualized)$2.36m

$15,520.9

$3,816.59

$2,112.11

-$8.17m

DEX Volume 30d$12.8m
DEX Volume 30d by chain

Sonic$12.8m

DEX Volume 7d$4.05m

Sonic$4.05m

DEX Volume 24h$1.15m

Sonic$1.15m

Cumulative DEX Volume$13.165b

Sonic$13.165b

Protocol Information

A Sonic-native concentrated liquidity exchange

Category:Dexs
Products:
WebsiteTwitter

Yields

Pools Tracked22

Average Supply APY28.69%

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 ($1.515b)Curve DEX ($1.329b)SushiSwap V3 ($45.82m)SushiSwap ($39.55m)9mm V3 ($4.02m)DyorSwap AMM ($2.49m)WOOFi Swap ($2.39m)Beets DEX V3 ($1.07m)Beets DEX ($808,135.31)WAGMI ($674,377.86)

Frequently Asked Questions

What is Shadow Exchange?

A Sonic-native concentrated liquidity exchange

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.21m in total value locked. TVL has increased 10.2% 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 $38,140.38 in fees. Of that, $35,970.67 was protocol revenue. Based on the trailing year, the annualized rate is $4.98m in fees and $4.7m in revenue.

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

Among Dexs protocols tracked by DefiLlama, Shadow Exchange ranks #140 by TVL. The category holds $14.238b across 1,911 protocols, and Shadow Exchange accounts for <0.1% of that total. Other leading protocols include Uniswap V3, Curve DEX, SushiSwap V3, SushiSwap, 9mm V3, DyorSwap AMM, WOOFi Swap, Beets DEX V3, Beets DEX, and WAGMI.

How much trading volume does Shadow Exchange process?

Shadow Exchange processed $12.8m in DEX volume over the past 30 days.