
Despite the immediate success of dog-themed decentralized exchange ShibaSwap, there are warnings the DEX’s liquidity providers are throwing capital into an opaque protocol of questionable security.
Building on the popularity of their Doge-style toke, Shiba Inu (SHIB), amid the Elon-Musk stoked dog-token trading frenzy, the coin’s developers launched their DEX with enticing yield incentives for liquidity providers on July 7.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.