BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Shibarium’s Daily Volume Looks… Kinda Empty Compared to Base & Polygon

by Drop Gorn
April 11, 2025
in Crypto, Finance, Memecoins, Opinion
A A
Shibarium’s Daily Volume Looks… Kinda Empty Compared to Base & Polygon
3
SHARES
Share on TwitterShare on Reddit
  • Shibarium’s daily trading volume is shockingly low, clocking in around $17,000 across all DEXs—far behind rivals like Base ($726M) and Polygon ($70M), raising concerns about real usage despite high transaction and wallet counts.
  • Top DEXs on Shibarium, like WoofSwap and ShibaSwap, barely move the needle, while others report volumes under $10—suggesting low developer interest and minimal DeFi activity on the platform.
  • Even individual whales are out-trading the entire network, with one recently pulling $4.6M worth of SHIB—more than 270x Shibarium’s daily volume—highlighting the gap between hype and actual adoption.

So here’s the deal—Shibarium, Shiba Inu’s Layer-2 blockchain, technically looks great on paper. Launched on the mainnet back in August 2023, it’s already clocked over 1.04 billion transactions. Pretty impressive. Oh, and let’s not forget—nearly 200 million wallets have interacted with it so far.

But despite all that? The actual trading volume is, well… not exactly blowing minds.

$17K in Daily Volume. Wait, What?

According to DexScreener, Shibarium is pulling in just about $17,000 in 24-hour DEX volume across all its platforms. That’s it. Not per app—in total.

Here’s how that breaks down:

  • WoofSwap leads the pack with around $8,300
  • ShibaSwap (yes, the native one) follows with about $5,400
  • ChewySwap hits around $1,600
  • And MarSwap, Punkswap, and Chibbex? Let’s just say the numbers get very small, very fast. Like, under $100 kinda small.

Some other DEXs on Shibarium like DogSwap or LeetSwap barely moved the needle—less than $10 combined. Yep, not joking.

Shiba Inu Shib Dex Volume

Meanwhile, Base and Polygon Are Playing in a Different League

Now, if you stack that up next to Coinbase’s Base network or Polygon, the contrast is kinda brutal:

  • Base – $726.1 million (yep, million) in daily trading volume
  • Polygon – $70.9 million

Compared to Shibarium’s $17K, that’s not even in the same zip code. Honestly, a single whale buying SHIB could do more volume than the entire chain—like the one who just pulled 220 billion SHIB (worth $4.6M) out of Binance.

So, What’s the Hold-Up?

Despite the flashy transaction numbers, it seems like Shibarium isn’t attracting much liquidity or DeFi energy. That could mean fewer developers are building on it, or there just isn’t enough incentive to trade there. Either way, the numbers aren’t exactly signaling “next big thing.”

If Shibarium wants to seriously compete with the likes of Base or Polygon, it might need more than meme momentum and a catchy name. Right now, it’s got the infrastructure—but maybe not the traction.

Tags: ChewySwapCoinbasepolygonShiba InuShibariumShibaSwapWoofswap
Tweet1ShareShare1

DON'T MISS THESE! HOT OFF THE PRESS

JRNY CLUB Announces $JRNY Token and EARN Platform
Breaking News

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token
Crypto

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed
Finance

Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

May 7, 2025
Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?
Crypto

Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

May 7, 2025
Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows
Breaking News

Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

May 7, 2025
U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent
Crypto

U.S. Aims to Become Premier Hub for Digital Asset Innovation, Says Bessent

May 7, 2025
Load More

Related News

JRNY CLUB Announces $JRNY Token and EARN Platform

JRNY CLUB Announces $JRNY Token and EARN Platform

May 7, 2025
Everything You Need to Know About Doodles Upcoming DOOD Token

Everything You Need to Know About Doodles Upcoming DOOD Token

May 7, 2025
Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

Federal Reserve Holds Steady as Trump Tariffs Threaten Economic Stability: The Hard Truth Exposed

May 7, 2025
Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

Mark Cuban Slams Trump’s Crypto Ventures as Self-Serving Disaster: Is This True?

May 7, 2025
Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

Federal Reserve Holds Rates Steady Amid Tariff Uncertainty: Trump Disappointment Grows

May 7, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Newsletter
  • Advertise
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano China Coinbase crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX Gary Gensler grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology twitter US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.