Overview
ShadowSwap launched around 2023 on the Core blockchain. It was a small AMM with only a few assets, pairs and yield options. At its peak daily trading volume barely passed $400, showing its niche scale and limited reach.
Sparse listings
The DEX supported just two coins and four pairs, like WCORE/SHDW and USDT/SHDW. Liquidity was thin, spreads wide, and volume minimal. Its token SHDW hovered at fractions of a cent with total value locked around $161k.
Quiet performance
ShadowSwap did not attract headlines. It quietly ran in the background of DeFi with occasional trades, sitting far behind bigger AMMs. Its community presence remained low and dashboards recorded under a thousand dollars in daily activity.
Snapshot table - ShadowSwap at a glance
| Feature | Insight |
|---|---|
| Launch period | Around 2023 |
| Chain | Core blockchain |
| Coins supported | Only 2 |
| Trading pairs | 4 (WCORE/SHDW, USDT/SHDW) |
| Daily volume | Below $400 |
| TVL | ~$161k |
| Token | SHDW |
| Status | Tiny and niche |
Strengths & weaknesses
| Strengths | Weaknesses |
|---|---|
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Final take
ShadowSwap is more curiosity than contender. It offered Core token fans a tiny venue with lean features and little fanfare. Today it stands as a quiet, obscure corner of DeFi - functional but barely active. For most traders it is a historical footnote rather than a platform of choice.