Shade Protocol SHD

What SHD actually is on-chain

For SHD the project publishes a whitepaper, a public source repository and an active account as @Shade_Protocol. Both a written specification and readable code exist, which is a materially higher bar than most assets in this size range clear. None of it is a quality judgement about the asset; it is simply what can be independently checked before the chart is worth looking at.

Where SHD sits in the market

Shade Protocol ranks #3691, in the upper long tail, past the point where most data providers stop publishing supply figures, far outside the set of assets that carry continuous market-maker coverage. At this end of the table the first question is data integrity rather than valuation: a quote can originate from a single pool or a single venue, reported volume is difficult to verify independently, and the distance between the last print and a genuinely executable price can be wide. Treat any indicator computed on this series as provisional.

We are not currently receiving a live SHD order book from any of the exchanges connected to this site, so no real-time quote is shown above. That is itself information: it usually means the pair is unlisted on the venues we track, or trading has been halted. SHD is a a Cosmos SDK chain asset, so whatever turnover exists is most likely in Osmosis pools rather than on a centralised book, and every fill there costs the chain's own gas token in gas on top of the pool's own fee.

SHD against its all-time high

Shade Protocol's record high is $95.66, set on 2022-04-06. A high in this range means SHD carries a meaningful unit price, so round-number levels near the peak tend to be watched as references in their own right. It was set 5 years ago. A peak that old describes a supply structure and a holder base that have almost certainly turned over since. We are not quoting a drawdown from it because no tracked venue is giving us a live SHD price — a stale or single-pool number would make that percentage look precise when it is not.

SHD across its historical range

The full recorded range for SHD spans 100,694,737x — from $9.50e-07 at the low to $95.66 at the high. A range that wide is not volatility in the ordinary sense; it is the signature of an asset that repriced from a near-zero base, and percentage-based indicators behave very differently across it.

The record low of $9.50e-07 was printed on 2024-09-18 — roughly 2 years ago. We have no live quote to measure the current distance from it.

SHD supply and valuation data

Supply figures for SHD are self-reported at this rank rather than reconciled against the chain, so we publish the valuation we have and not a circulating-supply number we cannot check. What we do have is a fully diluted valuation of $1.1 million as of 2026-05-12. That sits around the middle of the distribution — roughly half the assets tracked here carry a smaller fully diluted value.

Because that valuation is a snapshot rather than a live figure, we deliberately do not back out a supply number from it — the price has moved since, and the division would produce a confident-looking token count that is simply wrong. Check the project's own explorer for the current supply before using any per-token valuation. The authoritative figure is the one www.mintscan.io reports for this contract.

What kind of asset SHD is

Shade Protocol is a decentralised exchange token. The economics are unusually legible for crypto: the protocol generates fees from trading volume, and the token's value proposition rests on whether it captures any of them. Volume on the underlying venue, the fee switch status and competitive pressure from other venues are the variables that actually matter — and DEX volume is itself highly cyclical, so revenue is not a stable base.

CoinGecko files SHD under 5 categories, including Decentralized Exchange (DEX), Exchange-based Tokens, Decentralized Finance (DeFi), Osmosis Ecosystem, Secret Ecosystem.

How to set a Shade Protocol alert that is worth receiving

Shade Protocol (SHD) — high dated 2022-04-06 — rank #3691. On this profile the condition that carries signal is a two-sided price threshold beyond the recent band plus a 4-hour or daily RSI condition.

Full alert-design method: thresholds, RSI/MACD and volume conditions →