SHADOW, the Leading DEX on Sonic Blockchain, Will Be Listed on CoinW Exchange

SHADOW, the top DEX on Sonic, is listing on CoinW! Trade SHADOW/USDT starting Feb 24th and win from a 5,000 USDT prize pool. SHADOW drives Sonic’s DeFi ecosystem with trading and rewards. CoinW is a secure, transparent crypto exchange.

CoinW, the world’s pioneering cryptocurrency trading platform, will list SHADOW, a leading DEX on Sonic Blockchain, on the DeFi Zone and SONIC Zone. For all CoinW users, the Shadow/USDT will be officially available for trading on February 24th, 2025, at 14:00 (UTC). To celebrate the listing of SHADOW, we are launching the “ SHADOW Bounty Program” event with a reward pool of 5,000 USDT. 

Shadow Exchange: The Flagship DEX on Sonic 

Shadow Exchange is a decentralized exchange built on the Sonic blockchain, a high-performance network that evolved from Fantom (FTM). The Sonic ecosystem is backed by Andre Cronje (AC), the founder of Yearn Finance (YFI) and Keep3r Network (KP3R), who has been actively promoting Sonic’s growth on Twitter. As the largest DEX on Sonic, Shadow Exchange plays a crucial role in establishing Sonic’s DeFi flywheel, enabling efficient trading, enhanced liquidity incentives, and seamless user participation in the ecosystem. 

SHADOW Token Utility and Tokenomics 

SHADOW is the native token of Shadow Exchange, designed with strong utility and incentive mechanisms. Users can convert SHADOW to xSHADOW to earn protocol fees, voting rewards, and weekly rebase incentives, ensuring continuous engagement with the platform. 

• Token Supply Details: 
  • Maximum Supply: 10,000,000 SHADOW 
  • Total Supply: 3,212,105 SHADOW 
  • Circulating Supply: 221,573 SHADOW 
  • Distribution: Initial airdrops and staking incentives to boost adoption 
  • Remaining tokens allocated for liquidity and staking rewards 

With its unique tokenomics, Shadow Exchange fosters a sustainable DeFi ecosystem by rewarding active participants and liquidity providers. 

Community-Driven Growth and Future Potential 

Shadow Exchange operates as a community-driven project, with no external funding, supported primarily by the Sonic Foundation. The project has quickly gained traction, with a dedicated community of 13K Twitter followers, reflecting its increasing influence in the DeFi sector. 

As Sonic’s DeFi ecosystem expands, Shadow Exchange is poised to play a vital role in concentrated liquidity provision, cross-chain integrations, and further decentralized financial innovations. 

5,000 USDT Limited-Time Offer for CoinW Community 

To celebrate the listing, 10,000 USDT equivalent SHADOW prize pool will be up for grabs from February 24th, 2025, at 14:00 (UTC) to March 3rd, 2025, at 16:00 (UTC). By participating in events such as registration, trading, and community events, CoinW users have the opportunity to share in a prize pool of 5,000 USDT.  To claim your rewards, please click here. 

About CoinW 

CoinW is a pioneering crypto trading platform that prioritizes security, transparency, and user-centric principles. With advanced technology, deep liquidity, and a wide range of supported cryptocurrencies, the company has amassed a broad user base to become one of the world’s most secure crypto exchanges. Committed to security, transparency, and compliance, the CoinW exchange upholds the highest regulatory standards and actively contributes to the advancement of the crypto industry. To learn more about CoinW, you can visit the official website, and follow CoinW’s Twitter Account, Btok, and Telegram Group. 

About SHADOW 

Shadow Exchange, a decentralized exchange built on the Sonic blockchain, focusing on concentrated liquidity. 

Media Contact

Organization: CoinW

Contact Person: Angelo Tan

Website: https://www.coinw.com/

Email: Send Email

City: Dubai

Country: United Arab Emirates

Release Id: 25022524338

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