{"id":19815,"date":"2024-06-12T13:30:04","date_gmt":"2024-06-12T13:30:04","guid":{"rendered":"https:\/\/buycrypt.com\/blog\/?p=19815"},"modified":"2026-07-14T15:51:50","modified_gmt":"2026-07-14T15:51:50","slug":"shiba-inus-shibaswap-receives-support-by-this-leading-defi-platform","status":"publish","type":"post","link":"https:\/\/buycrypt.com\/blog\/en\/shiba-inus-shibaswap-receives-support-by-this-leading-defi-platform\/","title":{"rendered":"Shiba Inu\u2019s ShibaSwap Receives Support by This Leading DeFi Platform"},"content":{"rendered":"<p><em><strong>Check out the latest advancement involving ShibaSwap.<\/strong><\/em><\/p>\n<p>DexTools has added support for ShibaSwap, providing advanced DeFi analytics for the SHIB community.<br \/>The decentralized exchange allows users to trade, stake, and farm cryptocurrencies, particularly those part of the Shiba Inu ecosystem.<\/p>\n<h2>ShibaSwap is Now Live Here<\/h2>\n<p>DexTools \u2013 a popular decentralized finance (DeFi) platform that offers a wide range of tools and resources to help users navigate the ecosystem \u2013 added support for Shiba Inu\u2019s ShibaSwap. According to the announcement on X, the development unlocks \u201cadvanced DeFi analytics\u201d for the SHIB Army.<\/p>\n<p>ShibaSwap is a decentralized exchange part of the Shiba Inu ecosystem. It enables users to trade cryptocurrencies, particularly SHIB, LEASH, and BONE, without relying on a central authority.\u00a0<\/p>\n<p>Besides trading, participants can stake their tokens on ShibaSwap to earn rewards, while yield farming options are also available.\u00a0<\/p>\n<p>Earlier this year, the decentralized exchange migrated to the layer-2 scaling solution \u2013 Shibarium \u2013 in the form of ShibaSwap 2.0. The upgrade includes new features such as improved user processes for adding and reducing liquidity, staking, and trend analysis.<\/p>\n<p><em>\u201c[ShibaSwap 2.0] \u201cis the redesigned beating heart of a freshly forked Shibarium, where community tokens can flourish. This new UX is still an early Shibaswap version, with more updates in the pipeline for the product,\u201d<\/em> Shiba Inu Lead Developer Shytoshi Kusama said at the time.<\/p>\n<h2>How is Shibarium Doing?<\/h2>\n<p>The L2 blockchain solution made the headlines numerous times since its official launch in August last year due to blasting through countless milestones. At the end of May, the number of total blocks processed on the network surpassed the five million level, while prior to that total transactions exceeded 400 million.<\/p>\n<p>Shibarium\u2019s main role is to enhance the functionality and scalability of Shiba Inu\u2019s ecosystem. It aims to reduce transaction fees, improve speed, and provide infrastructure for decentralized applications on the network. Those willing to learn more about the protocol, feel free to take a look at our dedicated video below:<\/p>\n<p><iframe loading=\"lazy\" title=\"What Is Shibarium? Everything You NEED To Know About Shiba Inu&#039;s Blockchain\" width=\"1200\" height=\"675\" src=\"https:\/\/www.youtube.com\/embed\/rYzZWZqXspo?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n\n\n<p class=\"wp-block-paragraph\">Source news <a href=\"https:\/\/cryptopotato.com\" class=\"rank-math-link\" target=\"_blank\" rel=\"noopener\">https:\/\/cryptopotato.com<\/a><\/p>\n\n\n<!-- related-seo -->\n<div class=\"related-seo\">\n<h3>Related articles<\/h3>\n<ul>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/shiba-inu-shib-hits-a-new-major-milestone-details\/\">Shiba Inu (SHIB) Hits a New Major Milestone: Details<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/crypto-news-shytoshi-kusama-teases-something-big-bitcoin-etf-inflows-surge-uniswap-launches-v4\/\">Crypto News: Shytoshi Kusama Teases Something Big, Bitcoin ETF Inflows Surge, Uniswap Launches v4<\/a><\/li>\n<li><a href=\"https:\/\/buycrypt.com\/blog\/en\/important-shiba-inu-metric-soars-by-100-amid-shib-price-rally-details\/\">Important Shiba Inu Metric Soars by 100% Amid SHIB Price Rally: Details<\/a><\/li>\n<\/ul>\n<\/div>\n<!-- \/related-seo -->\n","protected":false},"excerpt":{"rendered":"<p>ShibaSwap, the decentralized exchange by Shiba Inu, now has support from DexTools, a leading DeFi platform offering advanced analytics for SHIB users.<\/p>\n","protected":false},"author":1,"featured_media":19835,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rank_math_title":"ShibaSwap Gains Support from Leading DeFi Platform DexTools","rank_math_description":"Discover how ShibaSwap from Shiba Inu is now supported by DexTools, enhancing DeFi analytics for SHIB community. Read more about this update.","rank_math_focus_keyword":"ShibaSwap DeFi support","_forpost_external_id":"","_seorun_article_id":"","footnotes":""},"categories":[424,369],"tags":[11800,1014,12070,9532,12073],"class_list":["post-19815","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-birzhi-en","category-news-en","tag-cryptocurrency","tag-defi-en","tag-dextools","tag-shiba-inu","tag-shibaswap","resize-featured-image"],"lang":"en","translations":{"en":19815,"uk":19816,"ru":19817},"pll_sync_post":[],"_links":{"self":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/19815","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/comments?post=19815"}],"version-history":[{"count":5,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/19815\/revisions"}],"predecessor-version":[{"id":47669,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/posts\/19815\/revisions\/47669"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media\/19835"}],"wp:attachment":[{"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/media?parent=19815"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/categories?post=19815"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buycrypt.com\/blog\/wp-json\/wp\/v2\/tags?post=19815"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}