Shade Protocol Price
SHD
How Much is 1 Shade Protocol (SHD)
Convert SHD to your currency
Last Updated on Dec 27, 2025 11:03 PM
What is Shade Protocol?
About the coin
Shade Protocol is a comprehensive suite of decentralized finance (DeFi) applications that prioritize privacy. Built on the Secret Network, it aims to provide users with a secure and private financial ecosystem. The protocol's flagship product is Silk, an over-collateralized stablecoin that offers transactional privacy by default, ensuring that users' financial activities remain confidential.
Main features
Shade Protocol's main features include its privacy-preserving capabilities, which are integral to all its DeFi applications. By leveraging the Secret Network's unique privacy technology, Shade Protocol ensures that all transactions and user data are protected from public scrutiny. This makes it an attractive option for users who value privacy in their financial dealings.
How it works
Shade Protocol operates on the Secret Network, utilizing its privacy-preserving smart contracts to offer a range of DeFi services. Silk, the protocol's stablecoin, is designed to maintain its value through over-collateralization, providing stability and security to its users. The protocol's architecture ensures that all transactions are private, leveraging the Secret Network's capabilities to encrypt data and maintain confidentiality.
Tangem supports networks for Shade Protocol
Temporarily not supported
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Shade Protocol FAQ
- Shade Protocol is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Its main advantages include speed, accessibility, and compatibility with decentralized tools. The network is optimized to handle different types of operations.
- Yes, both names point to the same token. SHD is just the shorthand symbol used for market and wallet displays.
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