ShibaSwap

ShibaSwap is a decentralized exchange (DEX) and automated market maker (AMM) within the Shiba Inu ecosystem. Built on the Ethereum blockchain, it launched in 2021 by members of the Shiba community to enable direct token trading, liquidity provisioning, and staking without centralized control. The platform centers on the ecosystem’s core tokens—SHIB, LEASH, and BONE—and supports swaps among ERC-20 assets.

ShibaSwap features a Swap function for token exchanges, a Dig section for liquidity mining where users earn rewards by providing liquidity, and a Bury section for staking to earn rewards. Governance is facilitated by the BONE token, with proposals and votes coordinated through the ShibaDAO.

The project is part of the broader Shiba Inu ecosystem, which includes tokenomics and initiatives linked to Shiba’s roadmap. ShibaSwap relies on Ethereum smart contracts and is exposed to common DeFi risks, including price volatility, impermanent loss, and contract security concerns.

The platform has been a focal point for the Shiba Inu community's DeFi activity and ecosystem growth, complementing other Shiba Inu products and aims to enhance decentralized participation in the project’s governance.

See also Shiba Inu, SHIB, LEASH, BONE, ShibaDAO.