• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Videos
  • Blogs
  • Market Cap
  • Shop
What's Hot

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

They Told You NOT to Buy the Bitcoin

2025-05-12

Bitcoin Nodes, Censorship, and Big Blockheads

2025-05-12

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Facebook Twitter Instagram
Crypto Investor News Network
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of February 4

    2025-02-05

    Creator of rabbit AI assistant has hidden NFT past

    2024-05-02

    Ethereum tops daily NFT sales at US$7 mln, ends weakest month of 2024

    2024-05-02

    Top NFT Airdrops and Giveaways for May 2024

    2024-05-02

    Casio Launches NFT Collection Celebrating 50th Anniversary

    2024-05-01
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Crypto Exchange Coinbase Lists New DeFi Altcoin Project Built on Base Blockchain

    2023-12-13

    Ethereum Price Bears Keep Pushing, Why Decline Isn’t Over Yet

    2023-12-13

    Trader Bullish on Cosmos (ATOM), Says One Dogecoin Rival Setting Up for Next Leg Up – Here’s His Outlook

    2023-12-13

    AVAX Price Pumps 50% and Dumps 15%, Why Uptrend Is Still Strong

    2023-12-13

    Top Trader Predicts Parabolic Rally for Solana Competitor – Here’s His Upside Target

    2023-12-13
  • Learn

    What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

    2025-05-12

    What is Proof-of-Authority (POA) Consensus in Blockchain?

    2025-05-09

    What Is Proof-of-Stake (PoS)? Guide to Blockchain Consensus for Beginners

    2025-05-09

    What is a Layer-1 (L1) Blockchain? L1 Problems & Future

    2025-05-03

    What is a Layer-2 (L2) Blockchain Solution? Types & Problems They Solve

    2025-05-02
  • Videos

    They Told You NOT to Buy the Bitcoin

    2025-05-12

    Bitcoin Nodes, Censorship, and Big Blockheads

    2025-05-12

    💼 The Investing Game Has Changed! 🌐🚨

    2025-05-11

    Is It Safe To Run Bitcoin Core?

    2025-05-11

    Solana’s Path to $1000 Starts Here — Don’t Miss This Update

    2025-05-11
  • Blogs
  • Market Cap
  • Shop
Facebook Twitter Instagram TikTok
Crypto Investor News Network
Home»DeFi»Shibarium TVL Eyes New High, Here Are Major Contributors
DeFi

Shibarium TVL Eyes New High, Here Are Major Contributors

2023-09-25No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

Shibarium, the Layer-2 scaling network of the Shiba Inu meme coin ecosystem, has been seeing a rather mild but steady growth in its decentralized finance (DeFi) total value locked (TVL). Data from the crypto analytics platform DeFiLlama places this TVL figure at $595,384, down from the more than $1.42 million it recorded as its peak back on Aug. 30.

The story of the emergence of Shibarium has lent great intrigue to the expectations of regular netizens within the Shib army. As a token with an enormous upside for growth, the TVL has hinted at the possibility of crossing the $600,000 benchmark in the near term, with an emphatic push to beat the prior all-time high (ATH) in the midterm.

The Shibarium TVL is currently being dominated by MARSWAP, one of the pioneering decentralized exchanges (DEXes) on the Shibarium Chain. MARSWAP accounts for exactly 35% of the total TVL on Shibarium, with DogSwap, ChewySwap, Woof Finance and PunkSwap making up the top five largest contributors to the Shibarium chain.

Overall, these protocols aim to double down on their respective growth trends in a bid to contribute to Shibarium TVL in the long run.

Shibarium and its competitors

The current highlight in Shibarium’s TVL has underscored its relatively slower growth momentum when the L2 is compared to the majority of its peers. Take Polygon, for instance — the TVL on this pioneering L2 is currently pegged at $775.26 million, while Arbitrum (ARB) boasts of more than $1.6 billion in total TVL to date.

This massive difference underscores the fact that Shibarium still has a lot of developmental efforts to be on par with its rivals, with a provably growing ecosystem and investor base. Through promises from lead developer Shytoshi Nakamoto, we can expect more influential dApps to make their way to Shibarium and contribute to the TVL in the near term.

See also  [URGENT] Bitcoin PUMPS Above $60,000...All-Time High Coming

contributors Eyes high Major Shibarium TVL
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bitcoin Surge Sets the Stage for Another HISTORIC HIGH

2025-05-09

Bitcoin Nears Record High as Macro Jitters Linger (BULLS ARE BACK!)

2025-05-08

Crypto Boom Incoming? Coinbase Report Signals Major Bull Run

2025-05-08

Global Bank Predicts RECORD Bitcoin High – How Soon Will BTC Explode?

2025-04-29
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Videos

Bitcoin Holders…Brace Yourselves for This

2023-09-11

Today let’s talk about Bitcoin and Crypto markets. A death cross is forming, should Bitcoin…

Videos

Is Bitcoin Bull Run Over? 🤔

2024-04-25

Bitcoin #BitcoinDaily #bullrun #BullRun2024 #BullMarketOver #ETFs #IBIT JOIN THE FAMILY: …

Videos

Crypto News: BTC, GameFi, FTX Repayments, ETH, FBI Token & More!

2024-10-14

Join The Coin Bureau Club https://hub.coinbureau.com/ Get The Hottest Crypto Deals https://coinbureau.com/deals/ …

Subscribe to Updates

Get the latest news and Update from CINN about Crypto, Metaverse and NFT.

Editors Picks

What Is Proof-of-Work (PoW) in Blockchain? A Beginner-Friendly Guide

2025-05-12

They Told You NOT to Buy the Bitcoin

2025-05-12

Bitcoin Nodes, Censorship, and Big Blockheads

2025-05-12

💼 The Investing Game Has Changed! 🌐🚨

2025-05-11
Crypto Investor News Network
Facebook Twitter Instagram TikTok
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Disclouser
© 2025 - All rights are reserved.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 103,440.71
ethereum
Ethereum (ETH) $ 2,605.33
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 652.89
solana
Solana (SOL) $ 177.15
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.234332
cardano
Cardano (ADA) $ 0.800854
tron
TRON (TRX) $ 0.276668
bitcoin
Bitcoin (BTC) $ 103,440.71
ethereum
Ethereum (ETH) $ 2,605.33
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.56
bnb
BNB (BNB) $ 652.89
solana
Solana (SOL) $ 177.15
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.234332
cardano
Cardano (ADA) $ 0.800854
tron
TRON (TRX) $ 0.276668