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Shadow Exchange(SHADOW)

Total Value Locked$3.49m

TVL by Chain

Sonic$3.49m

Key Metrics

Fees 30d$54,708
Fees 30d by chain

Sonic$54,708

Fees 7d$13,433

Sonic$13,433

Fees 24h$1,930

Sonic$1,930

Cumulative Fees$39.21m

Sonic$39.21m

Revenue 30d$43,452
Revenue 30d by chain

Sonic$43,452

Revenue 7d$11,704

Sonic$11,704

Revenue 24h$1,667

Sonic$1,667

Cumulative Revenue$31.68m

Sonic$31.68m

Holders Revenue 30d$43,090
Holders Revenue 30d by chain

Sonic$43,090

Holders Revenue 7d$11,649

Sonic$11,649

Holders Revenue 24h$1,657

Sonic$1,657

Cumulative Holders Revenue$31.28m

Sonic$31.28m

Incentives 1y$1.08m

Incentives 30d$38,594

Incentives 7d$10,137

Incentives 24h$1,593

Cumulative Incentives$39.83m

Earnings (Annualized)$1.21m

Earnings 30d$4,857

Earnings 7d$1,567

Earnings 24h$73.41

Cumulative Earnings-$8.15m

DEX Volume 30d$22.3m
DEX Volume 30d by chain

Sonic$22.3m

DEX Volume 7d$6.37m

Sonic$6.37m

DEX Volume 24h$775,576

Sonic$775,576

Cumulative DEX Volume$13.202b

Sonic$13.202b

Market Cap$1.54m

$SHADOW Price$1.50

All Time High$215.63

All Time Low$0.29

View $SHADOW token page

Fully Diluted Valuation$6.21m

Outstanding FDV$7.07m

$SHADOW Volume 24h$135,225

CEX Volume$0

DEX Volume$181,694(134.36% of total)

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Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteX/Twitter
Category:Dexs
Products:

Yields

Pools Tracked26

Average Supply APY155.23%

User Activity

Active Addresses (24h)1,458

Transactions (24h)10,475

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 ($1.624b)Curve DEX ($1.239b)SushiSwap V3 ($44.28m)SushiSwap ($39.82m)WOOFi Swap ($3.51m)9mm V3 ($2.91m)DyorSwap AMM ($2.66m)Beets DEX ($1.72m)SpookySwap V2 ($1.36m)Beets DEX V3 ($972,647)

Frequently asked questions

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.49m in total value locked. TVL has increased 13.2% 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 $54,708 in fees. Of that, $43,452 was protocol revenue. Based on the trailing year, the annualized rate is $2.46m in fees and $2.29m in revenue.

What is the SHADOW token price and valuation?

SHADOW is currently trading at $1.50. Its circulating market capitalization is $1.54m, ranking it #3,057. Its fully diluted valuation is $6.21m. Supply currently stands at 1.02m circulating, 4.09m total supply, 10m maximum supply.

How has SHADOW performed recently?

SHADOW is up 35.6% over the past 7 days and up 102.8% 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 #141 by TVL. The category holds $14.268b across 1,937 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 $22.3m in DEX volume over the past 30 days.