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All coin listings| # | Coins | | |||
|---|---|---|---|---|---|
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| | 1 |  USDC USDC | | Swap | |
| | 2 |  Peapods PEAS | | Swap | |
| | 3 |  Euler EUL | | Swap | |
| | 4 |  Pendle PENDLE | | Swap | |
| | 5 |  Shadow SHADOW | | Swap | |
| All Coins | |||||
New Coin Listings
| Coins | | | ||
|---|---|---|---|---|
| | Peapods PEAS | | 2 years ago | Swap |
| | Pendle PENDLE | | 2 years ago | Swap |
| | USDC USDC | | 2 years ago | Swap |
| | Euler EUL | | 2 years ago | Swap |
| |  Flying Tulip FT | | 9 months ago | Swap |
| All New Coins | ||||
Markets
About Shadow Exchange
Shadow Exchange is a decentralized exchange (DEX) on the Sonic blockchain, launched in 2025. It uses concentrated liquidity and an x(3,3) model that rewards long-term token holders. This page tracks Shadow Exchange trading volume, its pools and the tokens it lists in real time, compared with other decentralized exchanges.
How does Shadow Exchange work?
You connect a Sonic wallet and swap tokens against liquidity pools. Liquidity providers earn fees and SHADOW rewards, and stakers share in protocol revenue.
What tokens can you trade on Shadow Exchange?
Shadow Exchange lists S, USDC and many Sonic ecosystem tokens. See all tokens traded on Shadow Exchange and the new tokens on Shadow Exchange.
What are the Shadow Exchange fees?
Pools have different fee tiers, and gas fees on Sonic are low.
Is Shadow Exchange safe?
Shadow is a young DEX, so it has a short track record. You keep your own keys. Its token is Shadow (SHADOW).
Shadow Exchange compared with other DEXs
Shadow uses a ve-style model similar to Aerodrome trading volume on Base.
Open the app: Shadow Exchange.