ShibaSwap

Q: How does ShibaSwap differ from other decentralized exchanges?

ShibaSwap distinguishes itself with a 24h trading volume of $113.8K. Ranked #157 among DEX platforms on DEXCEX.

Q: What is ShibaSwap's 24h trading volume?

ShibaSwap has a 24-hour trading volume of $113.8K. The 7-day volume is — and the 30-day volume is —.

Q: How many trading pairs does ShibaSwap support?

ShibaSwap supports multiple trading pairs.

Q: What are ShibaSwap's trading fees?

Fee information for ShibaSwap varies by trading pair and user tier. Check the official fee schedule for current rates.

Q: What is the difference between a DEX and a CEX?

A DEX lets users trade crypto directly from their wallets via smart contracts with no central authority. A CEX acts as a middleman, holding user deposits and matching orders centrally. ShibaSwap is a DEX.

Q: What is ShibaSwap's liquidity score?

ShibaSwap has a liquidity score of 80433.5 out of 1000. Higher liquidity means tighter spreads and less slippage.

DEXRank #157

Launched: 2021-07-05

Website Twitter Chat

Volume 24h

$113.8K

Volume 7d

—

Volume 30d

—

Vol. Change 24h

—

Trading Pairs

—

Coins Listed

—

Monthly Visits

463

Weekly Visits

108

Best Referral Code

N/A

Liquidity (24h)

$80.4K

Traffic Score

N/A

Maker / Taker Fee

N/A

ShibaSwap Trading Volume History

Daily 24h volume snapshots collected by DEXCEX

Only one data point collected so far — chart will appear once at least 2 daily snapshots are available.

Trade on ShibaSwap

Visit ShibaSwap to explore available markets and trading pairs.

About ShibaSwap

What Is ShibaSwap? [ShibaSwap](https://coinmarketcap.com/exchanges/shibaswap/) is the [decentralized exchange](https://coinmarketcap.com/alexandria/de/glossary/decentralized-exchange-dex) of the Shiba Inu ([SHIB](https://coinmarketcap.com/currencies/shiba-inu/)) coin, a popular dog-themed meme coin inspired by the success of Dogecoin and claiming to be a “[Dogecoin](https://coinmarketcap.com/currencies/dogecoin/) killer.” In November 2021, Shiba Inu briefly surpassed Dogecoin in market capitalization, partly thanks to the DEX

ShibaSwap enables users to provide liquidity and swap different tokens while earning its governance token BONE. Users can also trade NFTs, so-called “Shibatoshis,” a collection of 10,000 unique tokens related to the Shiba Inu ecosystem. Other functionalities include staking, swapping tokens, collecting rewards, and checking portfolio analytics. #

Who Are the Founders of ShibaSwap? After burning half of its supply to Vitalik Buterin, who then donated his tokens to charity, the Shiba Inu community decided that SHIB would need to set itself apart from other meme coins and started working on ShibaSwap

Since the founder of Shiba Inu is unknown, the same is true for ShibaSwap. The Shiba Inu community developed the exchange to increase the utility of the SHIB token. Shiba Inu was created in August 2020 by “Ryoshi,” a pseudonymous developer. Shiba Inu’s “Woofpaper” explains three reasons for the creation of Shiba Inu: * “We started from zero, with zero.” * “The brilliant minds behind Shib had never collaborated before.” * “We love Shiba Inu Dogs.” #

When Was ShibaSwap Launched? ShibaSwap launched on July 6, 2021, to make the cryptocurrency more than a meme coin

Where Is ShibaSwap Located? Like its founder, the location of the exchange remains a mystery

ShibaSwap Restricted Countries The platform is supposedly open to users from all over the world

What Coins Are Supported on ShibaSwap? In addition to SHIB, LEASH, and BONE, users can swap hundreds of other tokens on the DEX

There are over 230 markets, with the most popular trading pairs being ETH/VEMP, BONE/ETH, and SHIB/ETH. #

How Much Are ShibaSwap Fees? Traders pay [gas fees](https://coinmarketcap.com/alexandria/glossary/gas) on the Ethereum network to trade on ShibaSwap

Is it Possible To Use Leverage or Margin Trading on ShibaSwap? Margin trading is not enabled on the decentralized exchange.

ShibaSwap in the DEX Ranking on dexcex.io

ShibaSwap is tracked in the DEX Ranking on dexcex.io alongside every other major decentralized exchange. It currently sits at #157 in our DEX Ranking based on DEX volume, liquidity and supported pairs.

Compare ShibaSwap's DEX volume against other top venues in the DEX Ranking on dexcex.io, then cross-check the largest tokens it lists in our crypto rankings to see where on-chain activity is concentrated.

dexcex.io combines the DEX Ranking, the CEX Ranking and full crypto rankings in one portal, so you can move from this ShibaSwap profile straight into the broader market context without leaving the site.

Frequently Asked Questions about ShibaSwap

What is ShibaSwap and is it a DEX or CEX?

ShibaSwap is a decentralized exchange (DEX), launched on 2021-07-05. As a DEX, it uses smart contracts and automated market makers (AMMs) to facilitate peer-to-peer trading without intermediaries.

How does ShibaSwap work?

ShibaSwap operates as a decentralized exchange where trades are executed via smart contracts on the blockchain. Users connect their crypto wallets (such as MetaMask, Phantom, or Trust Wallet) directly to the platform and swap tokens without depositing funds to a centralized entity. Transactions are settled on-chain, ensuring full transparency and user custody of assets at all times.

How does ShibaSwap differ from other decentralized exchanges?

ShibaSwap distinguishes itself among DEXs with a 24-hour trading volume of $113.8K. It is currently ranked #157 among DEX platforms on DEXCEX. Key differentiating factors for DEXs include the underlying blockchain, supported token standards, liquidity depth, trading fees, and whether the platform uses an AMM model or an on-chain order book.

What is ShibaSwap's 24h trading volume?

ShibaSwap currently has a 24-hour trading volume of $113.8K. The 7-day volume is — and the 30-day volume is —. DEX volume is a key indicator of exchange liquidity and activity.

How many trading pairs does ShibaSwap support?

ShibaSwap currently supports multiple trading pairs. More trading pairs generally means more options for traders to diversify their crypto portfolio.

What are ShibaSwap's trading fees?

Detailed fee information for ShibaSwap may vary by trading pair and user tier. Check the exchange's official fee schedule for the most up-to-date rates.

Where does ShibaSwap rank among DEX exchanges?

ShibaSwap is ranked #157 in the DEX ranking on DEXCEX based on trading volume, liquidity score and other key metrics.

What is the difference between a DEX and a CEX?

A DEX (decentralized exchange) lets users trade crypto directly from their wallets via smart contracts — there is no central authority holding funds. A CEX (centralized exchange) acts as a middleman, holding user deposits and matching orders through a centralized order book. DEXs offer self-custody and transparency, while CEXs typically provide faster execution, fiat on-ramps, and more advanced trading products. ShibaSwap is a DEX, meaning users retain custody of their assets.

How much web traffic does ShibaSwap receive?

ShibaSwap receives approximately 463 monthly visits (108 weekly). Web traffic is an important metric for evaluating exchange popularity and user adoption in DEX rankings.

What is ShibaSwap's liquidity score?

ShibaSwap has a liquidity score of 80433.5 out of 1000. A higher liquidity score means tighter spreads, less slippage, and better execution for traders. Liquidity is one of the most important factors when choosing a decentralized exchange.

Is ShibaSwap safe to use for crypto trading?

ShibaSwap is listed on DEXCEX. As a decentralized exchange, users maintain custody of their own funds through non-custodial wallets. Always verify smart contract addresses and use hardware wallets for large trades. DEXCEX provides data and rankings but does not endorse any specific exchange.