Shadow Token
SHDW Rank #1782Price chart
What is Shadow Token?
Overview
Shadow is a decentralized physical infrastructure network (DePIN) providing storage, compute, and network services to applications and systems on Solana and beyond. Shadow Drive is its core product, offering decentralized data storage with emphasis on security and integrity through hierarchical architecture and repair procedures. The network is designed for Web3 builders creating hosting services, content delivery networks, and social media applications.
How it works
The Shadow ecosystem runs on DAGGER, a custom L1/L2 hybrid consensus layer designed to orchestrate distributed systems and manage large-scale decentralized data storage. DAGGER uses implicit voting to reduce communication overhead, enabling faster data retrieval compared to traditional decentralized systems. DAGGER networks can be deployed as public permissionless Layer 2 systems across any Layer 1 or as private Layer 1 protocols.
Token and supply
SHDW serves as the utility token for the Shadow ecosystem, used to pay for storage, compute, and bandwidth services. Shadow Operators stake SHDW to secure nodes and earn revenue based on their network contributions. Total supply is approximately 169 million tokens with no maximum supply cap listed.
Where to trade SHDW
6 exchanges · top 10
Live spot quotes from connected exchanges
SHDW funding rates
Live perpetual funding on every connected exchange. Positive = longs pay shorts.
Contracts & chains
Exact contract or mint per network — the identity layer used for DEX routing.
On-chain routes
Networks with a connected DEX routing adapter.