Here’s What You Should Know About the Launch of ShibaSwap 2.0

The Shiba Inu team has rolled out an upgraded version of their decentralized exchange (DEX), ShibaSwap 2.0, with promising new features aimed at enhancing functionality and user experience.

According to Lucie from Shiba Inu’s team, this version responds directly to user feedback, aiming to make decentralized finance (DeFi) more accessible.

ShibaSwap 2.0 introduces enhancements to existing features such as token swaps, liquidity provision, staking, and rewards tracking, while also debuting advanced tools. One notable improvement is concentrated liquidity, which allows providers to define price ranges to optimize capital and returns. Liquidity providers can choose active management within their price range or opt for a passive, full-range approach, making the feature flexible.

Additional upgrades include multi-hop swaps for complex transactions and a new transparency element where annual percentage rates (APRs) for V1 and V2 pools are displayed. Furthermore, liquidity providers now have flexible fee options (0.05%, 0.30%, and 1.00%) to suit various trading strategies.

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Looking ahead, Lucie hinted at ShibaSwap V3, which may introduce features like limit orders, price alerts, and tools for dollar-cost averaging. Currently, however, the focus remains on refining V2, positioning ShibaSwap as a powerful tool for strategic liquidity and earnings potential within the Shibarium network, which already ranks as the top DEX on the platform according to DeFiLlama.

Alexander Stefanov