Shiden Network SDN
1. Summary
- Price
-
$0.17 +12.9%
- Market Cap
- $11.16M (#1672)
- Supply
- 65.68M / 85.51M
- Description
-
Shiden Network
Shiden Network
Shiden Network is a multi-chain decentralized application layer on Kusama Network. The Kusama Relaychain does not support smart contract functionality by design, necessitating a smart contract layer, which Shiden Network provides. It supports Ethereum Virtual Machine, WebAssembly, and Layer2 solutions from day one, enabling various applications like DeFi, NFTs, and more.
Key Features
- Multi-Chain Decentralized Application Layer: Built on the Kusama Network, allowing integration with multiple blockchains.
- Smart Contract Support: Includes support for Ethereum Virtual Machine and WebAssembly, enabling a wide range of smart contract functionality.
- Layer 2 Solutions: Supports secondary frameworks to improve the network's scalability and transaction speeds.
- Diverse Applications: Supports various applications such as DeFi, NFTs, and more.
Operations
- Decentralized Network System: Comprises of Layer 1, the foundation, and Layer 2, the child layers, which are versatile and can be used to implement various features.
- OVM: Optimistic Virtual Machine streamlines and unifies Layer 2 protocols, allowing developers to design and execute smart contracts and decentralized applications.
Token and staking
- SDN Token: The native token of Shiden Network, which can be staked on dApps to earn rewards.
Development
- Developer Tools: Supports popular tools such as Ink!, a smart contract programming language, and Solang, a Solidity to WASM compiler.
- Deployment: Smart contracts can be deployed using Ethereum tools or Solang, and can be tested on the Shiden testnet, Dusty Network, before deploying on the main Shiden blockchain.
Incentives and Crowdfunding
- Crowdloan Campaigns: Conducted during Kusama Parachain auctions, allowing KSM token holders to stake their tokens in exchange for SDN tokens as rewards.
Related Projects
- Astar Network: Shiden Network functions as a sister network or testnet for Astar Network.
| Price | |
| 52W High price | $0.54 |
| 52W High date | 3rd Jan 2024 (11 months ago) |
| All Time High (ATH) Date | 11th Sep 2021 (3 years ago) |
| ATH Price | $8.36 |
| % From ATH | -97.95% |
| All Time Low (ATL) Date | 4th Nov 2024 (1 month ago) |
| ATL Price | $0.11 |
| % From ATL | 56.71% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $119,630.00 |
| Total Supply | 85.51M |
| Max Supply | 85.51M |
| Circulating Supply | 65.68M |
SDN
How does Shiden Network's (SDN) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
45.2%
SDN
6.4%
Similar Market Cap
60 Day Return
13.1%
SDN
-5.0%
Similar Market Cap
1 Year Return
-29.9%
SDN
1.4%
Similar Market Cap
We're monitoring 185 Shiden Network GitHub repos for commits, code additions and deletions. This data is factored into the Developer Rank. Because of delays in GitHub's stat processing, recent activity maybe underrepresented.
Weekly Commits (All Shiden Network Repos)
Commits vs. The Market
- Past 4 weeks: 23 commits vs. an average of 1
- Past 12 weeks: 75 commits vs. an average of 7
- Past year: 432 commits vs. an average of 104
Most Active Repos
| Past week | 90 |
|---|---|
| Past 12 weeks | 268 |
| Past year | 1179 |
| Past week | 88 |
|---|---|
| Past 12 weeks | 207 |
| Past year | 1151 |
| Past week | 203 |
|---|---|
| Past 12 weeks | 725 |
| Past year | 967 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 909 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 806 |
| Past week | 0 |
|---|---|
| Past 12 weeks | 0 |
| Past year | 487 |
Top Developers 2024
In total, 2506 developers have contributed to Shiden Network over the past year. Who are the most active Shiden Network developers, by commits, over the past year?
Related Projects
Developers working on Shiden Network also worked on these projects.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | 88,483 |
| Active Discord Users | 2,426 |
| Telegram Users | 20,190 |
| Twitter followers | 78,102 |
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cointelegraph.com/news/team-releases-launchpad-and-first-decentralized-exchange-on-the-shi...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://shiden.astar.network/ |
|---|---|
| Explorer | https://shiden.subscan.io/ |
| @ShidenNetwork |
Has Shiden Network been audited for security?
No security audits found for this project.
Are you the owner of Shiden Network? Edit it here
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