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Shadow Exchange(SHADOW)

Total Value Locked$3.46m

TVL by Chain

Sonic$3.46m

Key Metrics

Fees 30d$72,846
Fees 30d by chain

Sonic$72,846

Fees 7d$29,231

Sonic$29,231

Fees 24h$7,040

Sonic$7,040

Cumulative Fees$39.23m

Sonic$39.23m

Revenue 30d$58,648
Revenue 30d by chain

Sonic$58,648

Revenue 7d$24,273

Sonic$24,273

Revenue 24h$6,026

Sonic$6,026

Cumulative Revenue$31.7m

Sonic$31.7m

Holders Revenue 30d$58,140
Holders Revenue 30d by chain

Sonic$58,140

Holders Revenue 7d$24,079

Sonic$24,079

Holders Revenue 24h$5,989

Sonic$5,989

Cumulative Holders Revenue$31.3m

Sonic$31.3m

Incentives 1y$1.04m

Incentives 30d$41,218

Incentives 7d$11,256

Incentives 24h$1,889

Cumulative Incentives$39.83m

Earnings (Annualized)$1.09m

Earnings 30d$17,430

Earnings 7d$13,017

Earnings 24h$4,137

Cumulative Earnings-$8.14m

DEX Volume 30d$27.16m
DEX Volume 30d by chain

Sonic$27.16m

DEX Volume 7d$9.57m

Sonic$9.57m

DEX Volume 24h$2.21m

Sonic$2.21m

Cumulative DEX Volume$13.208b

Sonic$13.208b

Market Cap$1.55m

$SHADOW Price$1.54

All Time High$215.63

All Time Low$0.29

View $SHADOW token page

Fully Diluted Valuation$6.29m

Outstanding FDV$7.25m

$SHADOW Volume 24h$85,691

CEX Volume$0

DEX Volume$85,733(100.05% of total)

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Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteX/Twitter
Category:Dexs
Products:

Yields

Pools Tracked26

Average Supply APY114.86%

User Activity

Active Addresses (24h)3,079

Transactions (24h)31,722

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 ($1.618b)Curve DEX ($1.231b)SushiSwap V3 ($43.49m)SushiSwap ($39.92m)WOOFi Swap ($3.51m)9mm V3 ($2.75m)DyorSwap AMM ($2.58m)Beets DEX ($1.58m)SpookySwap V2 ($1.17m)Beets DEX V3 ($950,724)

Frequently asked questions

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.46m in total value locked. TVL has increased 11% 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 $72,846 in fees. Of that, $58,648 was protocol revenue. Based on the trailing year, the annualized rate is $2.29m in fees and $2.13m in revenue.

What is the SHADOW token price and valuation?

SHADOW is currently trading at $1.52. Its circulating market capitalization is $1.54m, ranking it #3,061. Its fully diluted valuation is $6.23m. Supply currently stands at 1.01m circulating, 4.09m total supply, 10m maximum supply.

How has SHADOW performed recently?

SHADOW is up 26.5% over the past 7 days and up 98.1% over the past 30 days. Its all-time high is $215.63, reached on Feb 20, 2025. The token is currently 99.3% below that level.

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

Among Dexs protocols tracked by DefiLlama, Shadow Exchange ranks #142 by TVL. The category holds $13.802b across 1,925 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 $27.16m in DEX volume over the past 30 days.