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Shiba Inu DEX Just Blew Up—244% Growth Sends Volume Past $10 Million

  • ShibaSwap, the trading platform linked to the Shiba Inu cryptocurrency, has experienced a significant surge in trading volume.
  • The trading volume on ShibaSwap increased by 244% in the last week, reaching $10 million, compared to $2.93 million the week prior.
  • ShibaSwap's total trading volume over the last month is $20.12 million, which surpasses some well-known decentralized exchanges like PancakeSwap and Hashflow.
  • The ShibaSwap ecosystem has seen an influx of funds, with the total value locked up increasing to $67.94 million and the number of liquidity pools rising to 1,097.

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