Shiba Inu

Shiba Inu (SHIB) is a fungible cryptocurrency token on Ethereum that underpins the Shiba Inu ecosystem of applications and tokens. It launched in 2020 and is issued as an ERC-20 asset, meaning it follows Ethereum’s standard for interchangeable tokens.

Within the project’s stack, SHIB functions as the ecosystem’s primary token alongside companion tokens such as BONE and LEASH, and it is supported across the project’s own products, including the ShibaSwap decentralised exchange and the Shibarium network. Details on those components are covered in their respective sections.

SHIB’s branding references the Shiba Inu dog breed and the wider community around it, but the token itself is a standard Ethereum ERC-20 that can be held in any compatible wallet and traded on DEXs or exchanges that list it. For supply mechanics and burns, see “Is SHIB deflationary? How do SHIB burns work?”

Transacting and holding value on Ethereum and Shibarium: SHIB is an ERC-20 token that can be bridged from Ethereum to Shibarium and back, allowing holders to move the asset across the ecosystem and use it in apps on either network. See the official bridge guides for deposit/withdraw flows and supported standards.

Trading and liquidity on ShibaSwap: SHIB can be swapped against other tokens and supplied to liquidity pools on ShibaSwap (v1/v2). Liquidity providers earn trading fees and manage concentrated-liquidity positions in v2. For a basic-to-advanced overview, see the official docs.

Staking (“Bury 2.0”) for governance voting power: SHIB may be locked in Bury 2.0 to obtain voting power (veTokens) for ecosystem governance. Bury 2.0 is for governance power only; rewards are not live (docs: ‘currently does not offer staking rewards—staking is for voting power only’). For fee mechanics and gas tokens, see the dedicated sections.

Payments via third-party processors: Some payment gateways (e.g., BitPay) list SHIB, enabling spend at supported merchants. These integrations are external to the project and may change over time.

General dApp utility on Shibarium: Once bridged, SHIB can be used within Shibarium dApps (DeFi, marketplaces, creator tools). For network capabilities and use-case overviews, refer to the official Shiba Inu documentation. For gas usage on Shibarium, see “How do gas fees work…”.