Shibaswap v2 is the next generation of the Shiba ecosystem’s decentralized exchange, built on the proven Uniswap v3 architecture. This upgrade brings advanced features, improved capital efficiency, and enhanced trading capabilities to the Shiba community.

​
What is Shibaswap v2?

Shibaswap v2 is a decentralized exchange (DEX) that enables users to swap tokens, provide liquidity, and earn rewards within the Shiba ecosystem. Built as a fork of Uniswap v3, it inherits the robust architecture and advanced features while being specifically optimized for the Shiba community and Shibarium network.
Shibaswap v2 is based on Uniswap v3’s proven architecture, providing enhanced trading features and improved capital efficiency for liquidity providers.

​
Key Features

​
Advanced Trading

  • Concentrated Liquidity: Liquidity providers can concentrate their capital within custom price ranges
  • Multiple Fee Tiers: Support for different fee levels (0.01%, 0.05%, 0.3%, 1%) to optimize for different trading pairs
  • Improved Price Discovery: More efficient price discovery through concentrated liquidity pools
  • Better Slippage Protection: Enhanced slippage protection mechanisms

​
Enhanced Liquidity Provision

  • Capital Efficiency: Up to 4000x more capital efficient than traditional AMMs
  • Custom Price Ranges: Liquidity providers can specify exact price ranges for their positions
  • Multiple Positions: Support for multiple liquidity positions per user
  • Active Liquidity Management: Tools for managing and optimizing liquidity positions

​
Oracle Integration

  • Unification Oracle: Integrated with Unification’s Oracle of Oracles (OoO) for secure price feeds
  • Real-time Data: Access to real-time market data and price information
  • Cross-chain Support: Oracle data from multiple blockchain networks
  • Reliable Price Feeds: High-quality, validated price data for trading and DeFi applications

​
Shiba Ecosystem Integration

  • Native Token Support: Optimized for SHIB, BONE, LEASH, and TREAT tokens
  • Shibarium Network: Built specifically for the Shibarium blockchain
  • Community Focus: Designed with the Shiba community in mind
  • Ecosystem Rewards: Integration with Shiba ecosystem reward mechanisms

​
Architecture

Shibaswap v2 is built on the following core components:

​
Smart Contracts

  • Factory: Creates and manages pools
  • Pool: Individual trading pools with concentrated liquidity
  • Router: Handles swap routing and complex transactions
  • Quoter: Provides price quotes for trades
  • Oracle: Price oracle integration with Unification

​
Key Differences from v1

  • Concentrated Liquidity: Unlike v1’s uniform liquidity distribution
  • Multiple Fee Tiers: Instead of single 0.3% fee
  • Non-fungible LP Positions: LP tokens are NFTs representing specific price ranges
  • Advanced Oracle Integration: Direct integration with Unification’s oracle network
Shibaswap v2 is not open source. The smart contracts are based on Uniswap v3 but have been modified for the Shiba ecosystem and are not publicly available in a repository.

​
Benefits

​
For Traders

  • Better Prices: Concentrated liquidity provides tighter spreads
  • Lower Slippage: More efficient price discovery reduces trading costs
  • Advanced Features: Limit orders, range orders, and other advanced trading features
  • Multiple Fee Options: Choose pools with fees that match your trading strategy

​
For Liquidity Providers

  • Higher Capital Efficiency: Earn more fees with less capital
  • Custom Strategies: Deploy liquidity in specific price ranges
  • Better Risk Management: Control exposure to price movements
  • Multiple Positions: Manage multiple liquidity positions simultaneously

​
For the Ecosystem

  • Enhanced Security: Proven Uniswap v3 architecture
  • Better Integration: Seamless integration with Shiba ecosystem
  • Oracle Reliability: Secure price feeds through Unification
  • Community Growth: Advanced features attract more users and liquidity

​
Supported Networks

​
Primary Network

  • Shibarium Mainnet: Primary deployment with full feature support

​
Future Networks

  • Ethereum Mainnet: Potential deployment for cross-chain functionality
  • Layer 2 Solutions: Integration with various L2 networks

​
Oracle Integration

Shibaswap v2 integrates with Unification’s Oracle of Oracles (OoO) to provide:
  • Secure Price Feeds: Reliable price data for all supported tokens
  • Real-time Updates: Continuous price updates from multiple sources
  • Cross-chain Data: Price information from various blockchain networks
  • Validation Mechanisms: Multiple validation layers for data integrity
The oracle integration ensures that Shibaswap v2 has access to high-quality, validated price data for secure trading and DeFi operations.

​
Migration from v1

Shibaswap v2 represents a significant upgrade from v1:

​
What Changes

  • New Architecture: Complete redesign based on Uniswap v3
  • Enhanced Features: Advanced trading and liquidity provision capabilities
  • Oracle Integration: Direct integration with Unification’s oracle network
  • Improved Efficiency: Better capital efficiency and reduced gas costs

​
What Stays the Same

  • Core Functionality: Token swapping and liquidity provision
  • Community Focus: Continued focus on the Shiba ecosystem
  • User Experience: Familiar interface with enhanced capabilities
  • Security: Proven architecture with additional security measures

​
Getting Started

To start using Shibaswap v2:
  1. Connect Wallet: Connect your Web3 wallet to Shibarium network
  2. Add Tokens: Ensure you have the tokens you want to trade
  3. Start Trading: Use the swap interface to trade tokens
  4. Provide Liquidity: Create liquidity positions in your preferred price ranges
Shibaswap v2 offers significantly more advanced features than v1. Take time to understand the new concepts like concentrated liquidity and multiple fee tiers before providing liquidity.

​
Security

Shibaswap v2 prioritizes security through:
  • Proven Architecture: Based on battle-tested Uniswap v3 code
  • Oracle Integration: Secure price feeds through Unification
  • Audit Process: Comprehensive security audits
  • Community Testing: Extensive testing by the Shiba community
  • Gradual Rollout: Phased deployment to ensure stability
While Shibaswap v2 is based on proven Uniswap v3 architecture, always conduct your own research and never invest more than you can afford to lose.

​
Future Development

Shibaswap v2 is designed for continuous improvement:
  • Feature Enhancements: Regular updates and new features
  • Cross-chain Expansion: Integration with additional networks
  • Advanced Trading Tools: More sophisticated trading and liquidity management tools
  • Community Governance: Enhanced community participation in development decisions

​
Resources

  • Documentation: Complete technical documentation and guides
  • Community Support: Active community channels for help and discussion
  • Tutorials: Step-by-step guides for all features
  • API Reference: Technical API documentation for developers
For detailed technical information, implementation guides, and API documentation, refer to the other sections of this documentation.