InformationTVLUnlocksFees and RevenueDEX Volume

Shadow Exchange (SHADOW)

Total Value Locked$33.14m

TVL by Chain

Sonic$33.14m

fetching fees...

Key Metrics

Fees (Annualized)$19.65m

Fees 30d$1.61m

Fees 7d$362,908

Fees 24h$52,218

Cumulative Fees$38.63m

Revenue (Annualized)$14.54m

Revenue 30d$1.19m

Revenue 7d$270,950

Revenue 24h$43,832

Cumulative Revenue$17.8m

Holders Revenue (Annualized)$14.43m

Holders Revenue 30d$1.18m

Holders Revenue 7d$268,235

Holders Revenue 24h$43,639

Cumulative Holders Revenue$16.55m

Incentives (Annualized)$22.56m

Incentives 30d$1.85m

Incentives 7d$288,002

Incentives 24h$75,451

Cumulative Incentives$36.76m

Earnings (Annualized)-$8.02m

Earnings 30d-$657,034

Earnings 7d-$17,052

Earnings 24h-$31,619

Cumulative Earnings-$18.96m

DEX Volume 30d$961.24m

DEX Volume 7d$230.51m

DEX Volume 24h$31.79m

Cumulative DEX Volume$10.99b

Market Cap$6.41m

$SHADOW Price$13.89

All Time High$215.63

All Time Low$6.27

Fully Diluted Valuation$53.52m

$SHADOW Volume 24h$9.98m

CEX Volume$9.58m

DEX Volume$534,278(5.35% of total)

Protocol Information

A Sonic-native concentrated liquidity exchange

WebsiteTwitter

Methodology

TVL: Total value of all coins held in the smart contracts of the protocol

Fees: Swap fees paid by usersView code on GitHubRevenue: Percentage of swap fees going to treasury and/or token holdersView code on GitHubHolders Revenue: User fees are distributed among holders.View code on GitHub

DEX Volume: Volume of all spot token swaps that go through the protocol

Incentives: Tokens allocated to users through liquidity mining or incentive schemes, typically as part of governance or reward mechanisms.

Earnings: Revenue of the protocol minus the incentives distributed to users

Income Statement for Shadow Exchange

Q3 2025*Q2 2025Q1 2025Q4 2024
Fees$1.7m$13.33m$23.59m$6,180
Revenue$1.25m$6.98m$9.57m$309
Incentives$2.05m$14.76m$19.94m$0
Earnings-$805,664-$7.78m-$10.37m$309
Token Holder Net Income$1.24m$6.39m$8.92m$0