Shadow Exchange (SHADOW) Project Analysis
Research Institute Review
Shadow Exchange, a decentralized exchange built on the Sonic blockchain, focuses on concentrated liquidity, offering efficient trading and liquidity incentives. Sonic is a project that migrated from FTM, and currently AC is Sonic's most important founder (AC is the founder of YFI and KP3R). Currently, he has been promoting the Sonic chain on Twitter, including its projects, and Shadow Exchange is the most important and largest decentralized exchange on the chain.
Recent Development
Sonic's DeFi flywheel has started turning.
Project Introduction
Shadow Exchange, a decentralized exchange built on the Sonic blockchain, focusing on concentrated liquidity.
Token Utility
SHADOW is the platform's native token, which can be converted to xSHADOW to earn protocol fees, voting incentives, and rebase rewards. The rebase mechanism adjusts token supply weekly.
Initial distribution: Distributed through airdrops and staking incentives to encourage user participation.
Tokenomics
SHADOW token maximum supply: 10,000,000
Total supply: 3,212,105 SHADOW
Circulating supply: 221,573 SHADOW
The remaining portion is mainly used for liquidity and staking incentives.
Project Highlights
None
Investment Institutions
No funding, community project (Supported by Sonic Foundation).
Community
Twitter: https://x.com/ShadowOnSonic
Followers: 13K
Special Economic Model
None
Future Outlook
None
Basic Information
Project Introduction:
Shadow Exchange, a decentralized exchange built on the Sonic blockchain, focusing on concentrated liquidity.
Token Full Name: SHADOW
Project Name: Shadow Exchange
Project Website: https://www.shadow.so/
Project Documentation: None
Blockchain Explorer:
https://sonicscan.org/token/0x3333b97138D4b086720b5aE8A7844b1345a33333
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2/24/2025