SHDWMarket cap rank 1996

Shadow Token (SHDW) price and heat score

$0.0157983
24h +0.3% · 7d -0.1% · 30d -17.4%
20
Heat scoreCOLD▼ -5 vs yesterday
StorageSolana EcosystemDePIN

Shadow Token (SHDW) trades at $0.0157983, down 17.4% over the past 30 days. Its market cap — supply times price — is $2.7M, the 1996-largest in crypto. Over a year it is -86% (down), and it sits -99% from its all-time high. On tradability, the book is thin, so incoming money moves the price easily. Taken together, the overall heat score is 20 (COLD). A higher number means more of the conditions for a rally are in place — it is not a price forecast.

One-year chart (daily close; hover for the price)
Price
$0.0157983
Market cap
$2.7M
FDV
$2.7M
24h volume
$2,077
24h / 7d / 30d
+0.3% / -0.1% / -17.4%
From ATH
-99.4%
Circulating / total
100%

Profile What kind of asset is Shadow Token?

A mechanical read on Shadow Token (SHDW) from market data — a first impression to start from, not a verdict.
Market size
Micro cap
A micro-cap or newly listed asset with a small market cap (ranked #1996)
Price swings
Narrow (24h range 1.5%)
A narrow daily range; relatively calm
Liquidity (24h volume)
Thin
Volume is very small; even modest orders can move the price a lot
Dilution risk
Mostly done (100% circulating)
Nearly the entire supply cap is already circulating, so little dilution pressure remains
Long-term trend
Down sharply over 1 year (-86%)
The direction on a longer time frame
A qualitative summary based on market data. This is not investment advice.

Overview What is Shadow Token

$SHDW is the utility token that powers the Shadow dePIN ecosystem providing decentralized storage, compute, and network orchestration to its users. Users utilize $SHDW to pay for decentralized data storage, compute, and other utilities. Compute, storage, and bandwidth are brought to the Shadow network by Shadow Operators who stake SHDW to secure their nodes and earn revenue based on their contributions to the network.

Powering the Shadow ecosystem is DAGGER: a scalable and bandwidth-efficient L1/L2 hybrid powered by a custom consensus mechanism designed to orchestrate distributed systems, manage large amounts of data stored across decentralized networks, and more.

DAGGER networks can be deployed as public permissionless Layer2 networks across any Layer1 protocol or be deployed as privately Layer1 protocols for private use. DAGGER's implicit voting design reduces communication overhead, resulting in faster data retrieval and cost reduction for users compared to other decentralized systems.

Experience the future of decentralized data storage with Shadow Drive, the cornerstone product of the Shadow Ecosystem. Designed to seamlessly integrate with applications and systems on the Solana blockchain and beyond, Shadow Drive prioritizes data security and integrity through its hierarchical model. With robust auditing and repair procedures, it ensures system resilience, making it the ideal choice for Web3 builders creating hosting services, CDNs, social media apps, and more.

The description is based on public information from CoinGecko.This is information, not investment advice.

Basics How Shadow Token started, and its basic data

Watchlists
17K
How many people track this asset on CoinGecko — a gauge of attention
Official documents
Launch date, technical design and follower counts come from CoinGecko's public data.

Price detail Price levels for Shadow Token

Key price levels for Shadow Token (SHDW). Crypto is divisible, so you can buy well under a whole coin.
Current price
$0.0157983
as of 2026-08-14
24h range
$0.015637 – $0.0158763
Low to high over the past 24 hours
All-time high
$2.82
The highest price on record (2022-01-04)
Distance from ATH
-99.4%
A new high would take about 178.5x the current price
All-time low
$0.0127587
The lowest price on record (2022-10-15)
Distance from ATL
+24%
Trading near its all-time low
Where it sits in today's range
Low $0Mid-rangeHigh $0

Signals Catalysts currently in play (auto-extracted)

💤
Turnover is slow
24-hour volume equals 0.1% of market cap. Trading is quiet, so price moves are likely to stay contained.
🏔️
Far below its all-time high
Trading -99% from its all-time high. Recovering that ground would take a substantial return of demand — and a discount this large usually has a reason worth checking.
🪫
Public repository is quiet
No public commits in the past four weeks (development may be happening in private). Worth confirming the project's continuity separately.
These signals are extracted automatically by deterministic rules from the data on this page — price, volume, unlocks, development activity and chain usage. They do not forecast prices, and they contain no social-media rumour or speculation.This is not investment advice.

Returns Performance by period

Returns over each period, so you can compare short-term momentum against the longer-term trend at a glance. Positive is a gain, negative a loss.
1 hour+0.2%24 hours+0.3%1 week-0.1%2 weeks-16.8%1 month-17.4%200 days-57.6%1 year-85.8%
1 hour
+0.2%
24 hours
+0.3%
1 week
-0.1%
2 weeks
-16.8%
1 month
-17.4%
200 days
-57.6%
1 year
-85.8%
Over the past 30 days it has run about 15 points behind Bitcoin (-2.2%), the market's benchmark. (SHDW: -17.4%)
Past performance, which does not guarantee future results.

Supply Who controls the supply

Of the current total supply of 169,053,596 SHDW, 100% is on the market today. Practically all of it circulates. This asset publishes no maximum supply, so the figures above are measured against current total supply.
Circulating 100%

Project Project information and governance

Category & ecosystem
Storage Solana Ecosystem DePIN
Major venues
Orca, Raydium, Crypto.com Exchange, Meteora, Coinbase Exchange, Gate
External links point to each project's own official pages.We do not vouch for what those pages contain.

Exchanges Where is Shadow Token traded?

The venues where Shadow Token (SHDW) trades most, by 24-hour volume in USD. Deeper volume generally means orders fill more easily and the price holds steadier.
Orca
$2,303
Coinbase Exchange
$1,354
Crypto.com Exchange
$298
Gate
$42
Raydium
$27
Meteora
$16
Ranked by converted volume, highest first.Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction.This is not a recommendation of any particular exchange.

Heat score Heat factor breakdown

20
Heat scoreCOLDOverall heat score
How the overall score is built: market gate 42 (applied to everything) × geometric mean of the four factors 46 (momentum, liquidity, fundamentals and supply, multiplied together) → 20. It is not a simple average: a weak market holds the whole score down, and a single weak factor drags the rest with it.
Factor breakdown (0–100; higher means more conditions are in place)
Regime (market gate) gate
42
→ The market gate is neutral. Asset-specific factors decide this one.
Momentum
35
→ The recent price trend is down. Going against it needs a reason.
Liquidity (traded volume depth)
26
→ Almost nothing is trading. There is no assurance you could enter or exit at the price shown.
Fundamentals (TVL / market cap)
50
→ TVL is unremarkable relative to market cap.
Supply lightness
100
→ Most of the supply already circulates, so unlock pressure is light.
Development activity → No public code updates in the last four weeks. Development may have stalled, or it may be happening in private repositories.
Compare every asset in the heat score ranking →
Standard-score profile, compared against every asset on the site (50 is the mean). It shows where this asset sits in the population on each metric; higher is always the better direction.
Overall standard score
47.5 #2921 of 4097 assets
Standard-score ranking →
Heat 50Momentum 47Volume depth 37Supply 56Dev 49ATH recovery 43Dilution 50Further out = higher standard score; the centre line is the mean of 50
Heat score
50
Momentum
47
Liquidity (traded volume depth)
37
Supply lightness
56
Development activity
49
Recovery toward ATH
43
Dilution lightness
50
A relative position within the assets covered here, not an absolute rating.

Related Structurally similar assets (shared categories)

Similarity computed from shared CoinGecko categories rather than an industry taxonomy. Assets in the same L1 ecosystem or with the same use case tend to share capital flows and market conditions.

FAQ Shadow Token — frequently asked questions

What is Shadow Token (SHDW)?
$SHDW is the utility token that powers the Shadow dePIN ecosystem providing decentralized storage, compute, and network orchestration to its users. Read more →
What is the current price of Shadow Token (SHDW)?
$0.0157983 as of 2026-08-14. The price moves daily, and this page is rebuilt every day.
What is the market cap of Shadow Token (SHDW)?
About $2.7M as of 2026-08-14, which ranks #1996 across all crypto assets.
What is Shadow Token's heat score, and what does it mean?
The heat score is 20 (COLD) as of 2026-08-14. It is our own 0–100 measure of how many of the conditions a rally needs — momentum, tradable volume, light supply and a supportive market — are currently in place. It is not a price forecast. The model multiplies its factors, so a single missing condition holds the whole score down.
What is the supply of Shadow Token (SHDW)?
As of 2026-08-14, 169,053,596 SHDW is in circulation out of a total supply of 169,053,596 SHDW — about 100%. The remainder may reach the market through future unlocks.
What is the all-time high for Shadow Token (SHDW)?
The all-time high on record as of 2026-08-14 is $2.82.The price is $0.0157983 today, -99.4% from that high.
How much Shadow Token (SHDW) can I buy with $100?
At the 2026-08-14 price ($0.0157983), $100 buys roughly 6,329.80 SHDW before fees and spread. Crypto is divisible, so you do not need to buy a whole coin.
Will Shadow Token (SHDW) go up? What are its prospects?
We do not forecast prices or give investment advice. What this page does is track Shadow Token every day through factual data — the heat score, supply structure, charts and development activity. Use it as material for your own judgement; the decision is yours.
Where can I buy or trade Shadow Token (SHDW)?
It trades on major crypto exchanges. Which venues you can use depends on where you live, so check what is licensed in your own jurisdiction. This is information, not a recommendation of any asset or exchange.
The prices, market caps and heat scores above are as of 2026-08-14 and change daily.This is information, not investment advice.

Machine-readable data: JSON

Updated 2026-08-14 · rebuilt daily
This site provides information based on public data. It is not investment advice or a solicitation to buy or sell. The heat score is a deterministic, relative indicator computed by a fixed formula; it does not predict future prices. Trading crypto assets involves risk, including price volatility. Make your own decisions.
Data provided by CoinGecko · TVL / fees / stablecoins: DefiLlama · Fear & Greed: alternative.me
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