98%. That’s the share of Shadow’s lifetime volume and revenue that comes from concentrated liquidity positions, a pretty crazy effort for any AMM.

As if that wasn’t enough, Shadow now accounts for 50–60% of Sonic’s DEX volume and 85% of its fees, showing strong traction across the board.

Its decaying fee structure, aligned tokenomics, and incentive sharing model are all quite clearly delivering results.

This is a testament to how intentional design can deliver tangible results in a short time, and Ollie feels it deserves your attention.

🔗