The total value locked (TVL) of Shiba Inu ecosystem's layer 2 blockchain Shibarium plummeted 36% in 24 hours to $477,849, indicating decreased DeFi participation or rising user risk aversion. Meanwhile, the price of SHIB increased by 0.79% to $0.000008719, with trading volume soaring 76.43% to $176.8 million, forming a stark contrast. The reset of TVL may be related to a recent security upgrade, and the new privacy roadmap plans to introduce confidential smart contracts via Zama in Q2 2026.
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The total value locked (TVL) of Shiba Inu ecosystem's layer 2 blockchain Shibarium plummeted 36% in 24 hours to $477,849, indicating decreased DeFi participation or rising user risk aversion. Meanwhile, the price of SHIB increased by 0.79% to $0.000008719, with trading volume soaring 76.43% to $176.8 million, forming a stark contrast. The reset of TVL may be related to a recent security upgrade, and the new privacy roadmap plans to introduce confidential smart contracts via Zama in Q2 2026.