Logo of Shadow ExchangeShadow Exchange(SHADOW)
Total Value Locked$3.4m

TVL by Chain

Sonic$3.4m

Key Metrics

Fees (Annualized)$4.59m
Fees 30d$42,821.71

Sonic$42,821.71

Fees 7d$15,159.62

Sonic$15,159.62

Fees 24h$2,482

Sonic$2,482

Cumulative Fees$39.13m

Sonic$39.13m

Revenue (Annualized)$4.33m
Revenue 30d$40,205.77

Sonic$40,205.77

Revenue 7d$14,028.41

Sonic$14,028.41

Revenue 24h$2,284

Sonic$2,284

Cumulative Revenue$31.61m

Sonic$31.61m

Holders Revenue (Annualized)$4.31m
Holders Revenue 30d$40,107.37

Sonic$40,107.37

Holders Revenue 7d$13,985.83

Sonic$13,985.83

Holders Revenue 24h$2,272

Sonic$2,272

Cumulative Holders Revenue$31.22m

Sonic$31.22m

Incentives 1y$2.16m

$18,998.4

$4,797.05

$1,008.57

$39.77m

Earnings (Annualized)$2.17m

$21,207.37

$9,231.36

$1,275.43

-$8.16m

DEX Volume 30d$15.94m
DEX Volume 30d by chain

Sonic$15.94m

DEX Volume 7d$6.92m

Sonic$6.92m

DEX Volume 24h$1.14m

Sonic$1.14m

Cumulative DEX Volume$13.17b

Sonic$13.17b

Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteTwitter
Category:Dexs
Products:

Yields

Pools Tracked22

Average Supply APY77.71%

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 ($1.489b)Curve DEX ($1.34b)SushiSwap V3 ($46.25m)SushiSwap ($39.99m)9mm V3 ($3.95m)DyorSwap AMM ($2.6m)WOOFi Swap ($2.41m)Beets DEX V3 ($1.16m)Beets DEX ($832,048.09)SpookySwap V2 ($775,276.15)

Frequently Asked Questions

What is Shadow Exchange's TVL?

Shadow Exchange currently has $3.4m in total value locked. TVL has increased 21.8% 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 $42,821.71 in fees. Of that, $40,205.77 was protocol revenue. Based on the trailing year, the annualized rate is $4.59m in fees and $4.33m in revenue.

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

Among Dexs protocols tracked by DefiLlama, Shadow Exchange ranks #143 by TVL. The category holds $12.776b across 1,919 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 SpookySwap V2.

How much trading volume does Shadow Exchange process?

Shadow Exchange processed $15.94m in DEX volume over the past 30 days.