The Team Behind the Shiba Inu Ecosystem Upgrades ShibaSwap

The team behind the Shiba Inu ecosystem has announced an upgrade for ShibaSwap, introducing new and improved liquidity pools (LP) for the DEX.

Shiba Inu’s top developers, Shytoshi Kusama and Kaal Dhairya, shared the news in separate X posts. According to the team, the new pools enhance users’ ability to add liquidity to the Shiba Inu ecosystem.

Features of the Latest ShibaSwap Upgrade

The latest ShibaSwap upgrade comes with seamless liquidity pool management, allowing users to create, import, and migrate LP effortlessly within a single page.

Additionally, the upgrade improves user experience with a cleaner and more intuitive UI for easier navigation. It also optimizes the backend of the DEX for faster transactions.

Key features include smart sorting and filtering options focused on annual percentage yield (APY), total value locked (TVL), transaction volumes, and trends.

Moreover, the team equipped ShibaSwap with key metrics to help users make informed decisions. Users can track liquidity in real-time, view TVL across the Shiba Inu ecosystem, and access trading volume data to identify the best-performing pools. These features can be accessed on Shib.io, the home of the Shiba Inu ecosystem.

> ShibaSwap Upgrade – What’s New? 🔹
> 🔹 Supercharged Liquidity Pools – Easier, faster, and more efficient for everyone!
> 🔹 New User-Friendly Interface – A simple, one-page experience to:
> •Migrate existing LPs
> •Import liquidity from other platforms
> •Create new pools… pic.twitter.com/Wjb9zkJaWY
> — Shibarium Updates 📢 (@Shibizens) February 21, 2025

Benefits of Adding Liquidity on ShibaSwap

The team also highlighted the benefits of adding liquidity on ShibaSwap, such as earning rewards and strengthening the broader Shiba Inu ecosystem.

Users can enjoy seamless liquidity management, optimized performance, and lightning-fast transactions when providing liquidity.

Currently, total value locked across 593 liquidity pools in the Shiba Inu ecosystem stands at $2.97 million. In the past 24 hours, these liquidity pools registered a volume of $1,750, and users paid $176 in fees for initiating transactions across these pools in the past seven days.

Previous ShibaSwap Upgrades

Launched in July 2021, ShibaSwap has welcomed significant upgrades over the years. It became a multi-chain decentralized exchange last year after transitioning to Shibarium. This transition allows users to migrate their assets between Shibarium and Ethereum and vice versa.

The team also added centralized liquidity pools and seamless migration with the launch of ShibaSwap 2.0. In December 2024, they announced plans to introduce liquid staking on ShibaSwap, allowing users to retain liquidity with their staked tokens.