{"id":45931,"date":"2021-07-12T14:44:36","date_gmt":"2021-07-12T11:44:36","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=45931"},"modified":"2025-09-01T13:46:48","modified_gmt":"2025-09-01T10:46:48","slug":"shibaswaps-locked-value-reaches-1-5-billion-in-a-week","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/shibaswaps-locked-value-reaches-1-5-billion-in-a-week\/","title":{"rendered":"Shibaswap’s locked value reaches $1.5 billion in a week"},"content":{"rendered":"

Over the week since its launch, the decentralized exchange (DEX) Shibaswap drew in assets totaling $1.54 billion, according to the service DeFi Llama<\/a>.<\/p>\n

The DEX was launched by the creators of the meme-cryptocurrency Dogecoin clone named Shiba Inu (SHIB), and by the companies LEASH and BONE.<\/p>\n

For comparison: at the time of writing, the total value locked on Uniswap and Sushiswap stood at $5.82 billion and $3.32 billion respectively.<\/p>\n

Reddit users \u0443\u0441\u043e\u043c\u043d\u0438\u043b\u0438\u0441\u044c<\/a> the DEX’s technical reliability. The DeFiSafety service \u043e\u0446\u0435\u043d\u0438\u043b<\/a> Shibaswap’s reliability at 35%.<\/p>\n

In May 2021, the Shiba Inu price surged by 140% in a day, amid which the average Ethereum transaction fee reached $60<\/a>.<\/p>\n

Vitalik Buterin burned 90% of his coins<\/a> valued at more than $6.5 billion.<\/p>\n

In June, the bitcoin exchange Coinbase Pro added Shiba Inu<\/a> to its listing, after which the cryptocurrency’s price jumped 22%.<\/p>\n

Read ForkLog’s bitcoin news in our Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"

Over the week since its launch, the decentralized exchange (DEX) Shibaswap drew in assets totaling $1.54 billion, according to DeFi Llama.<\/p>\n","protected":false},"author":1,"featured_media":45932,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1093,787,1525],"class_list":["post-45931","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-defi","tag-dex","tag-shiba-inu"],"aioseo_notices":[],"amp_enabled":true,"views":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45931","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=45931"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45931\/revisions"}],"predecessor-version":[{"id":45933,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/45931\/revisions\/45933"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/45932"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=45931"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=45931"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=45931"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}