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Shadow Exchange

Shadow Exchange

Free

Decentralized Exchanges

Shadow Exchange is a concentrated liquidity layer and exchange built on the Sonic network.

Multichain

About Shadow Exchange

Shadow Exchange builds on the ve(3,3) governance idea popularized by Andre Cronje, aiming to align user incentives around long‑term participation.

Yet the original design left an exit gap: users could be locked for extended periods, creating friction and compelling token locking to participate fairly in the incentive system.

Shadow Exchange reimagines that design with xSHADOW, a mechanism that broadens access to incentives by removing four‑year lockups and adding explicit exit options, with the goal of making participation more equitable while preserving the underlying alignment principles.