Shido Network (SHIDO)
CryptoScore Pro global score : 44/100 (computed on 2026-10-30)
Shido Network is an Ethereum-based ERC-20 token operating within the decentralized finance (DeFi) sector, designed to serve as a governance and utility asset for its ecosystem. Positioned as a multi-chain DeFi protocol, Shido aims to bridge Ethereum and Osmosis, leveraging the liquidity and interoperability of both networks. The project targets DeFi users seeking yield opportunities, governance participation, and cross-chain functionality, addressing the fragmentation of liquidity across blockchains. Its relevance lies in its ambition to create a unified DeFi experience, though its current adoption and ecosystem development remain limited compared to established DeFi protocols. Technologically, Shido Network is built as an ERC-20 token on Ethereum, with a cross-chain presence on Osmosis via an IBC (Inter-Blockchain Communication) token representation. The contract address on Ethereum is 0x0e173Bfd28eF21bc460718bcd9b610b7Fcd7F041, and it is verified, ensuring transparency in its smart contract operations. The project does not employ a proxy contract, which simplifies its architecture but may limit future upgrades. While the whitepaper and documentation outline the project’s…
Scores by pillar
| Technology | 41/100 |
|---|---|
| Tokenomics | 86/100 |
| Team | 43/100 |
| Adoption | 14/100 |
| Liquidity | 36/100 |
| Compliance | 75/100 |
Market data
| Price | $0.00007235 |
|---|---|
| Market cap | $1.30M |
| 24h volume | $13,097.49 |
| Market cap rank | #2725 |
| 24h change | -4.75% |
| 7d change | -11.73% |
| Blockchain | Ethereum |
| Sector | Ethereum (ETH) Token (ERC-20) |
Analysis
Shido Network is a decentralized finance services aggregator, i.e., a hub unifying various protocols. It relies on the Ethereum chain and its proof-of-stake model to secure its transactions. The token is used for staking, i.e., locking funds to earn rewards, and for governance.