Odaily News ShibaSwap, a DEX associated with Shiba Inu (SHIB), said on Thursday that it has launched on the Shibarium blockchain. Developers said that increasing the use of the Shibarium blockchain for transactions will increase the SHIB destruction rate, thereby reducing supply. A new liquidity pool has been launched on Shibarium, allowing traders to exchange tokens on the network and receive a share of the transaction fees for providing liquidity. Data shows that as of Thursday, ShibaSwap TVL exceeded US$25 million, with a trading volume of US$1.7 million in the past 24 hours. (CoinDesk)