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0.11160000USDT
-3.54%
$0.11160000฿0.00000163Volume(24H)$9,244.16
Today
Low:0.11244600
High:0.12400300
Yesterday
Low:0.10880000
High:0.11950000

Market information

Market Cap $7,376,330.57
Global Volume(24H)$470,651.12
All-Time Low$0.11244600
All-Time High$8.404
Initial Price
ROI
--
Circulating Supply 65,627,424 SDN
Circulation Percentage 76.7970%
Max Supply 85,455,720 SDN
Total Supply 85,455,720 SDN

Price history

Information

Converter

SDN

Project Introduction

Shiden Network is a multi-chain decentralized application layer on Kusama Network. Kusama Relaychain is not designed to support smart contract functionality -- Kusama Network requires a smart contract layer. This is where Shiden Network comes in. Shiden has supported Ethereum VIRTUAL Machine, WebAssembly, and Layer2 solutions since day one. The platform supports a variety of applications, such as DeFi, NFT and so on.

Project Vision

Become a hub for multi-virtual machines and multi-chained DApps on Kusama.

Algorithm

Shiden Network uses ECDSA & Sr25519 encryption algorithm.

Characteristic

1. Multi-chain: Building Bridges to various ecosystems. (Ethereum, SCRT, Cosmos, etc.) DApp STaking: SDN token holders can pledge their tokens to the favorite dApp, so that both the nominee and the dApp developer earn SDN tokens. 3. Multiple VMS: Shiden natively supports EVM and WASM. By communicating across virtual machines, EVM contracts can interact with WASM contracts in the Shiden ecosystem.

Technical Characteristics

1. Shiden Network can be upgraded (integrate new features or fix bugs) without a hard fork. This is the core function of Kusama parallel chain, which allows Shiden Network to easily adapt to change and upgrade itself as better finished products are developed. 2. Shiden Network supports EVM and WASM.

Incentive Mechanism

The project introduced a new incentive scheme in which 20 per cent of 22 per cent of the total supply of SDN is awarded to holders who lock in KSM, with the remaining 2 per cent for bonuses. In order to encourage people to join zhongdai early, the earlier they join zhongdai, the higher the bonus rate will be. KSM holders who lock their KSM tokens will automatically receive SDN tokens, which will be locked up for one month and released linearly for the next ten months. During linear release, token holders can pledge SDN tokens to the network, earning Staking. SDN tokens will be delivered within 1 month of winning the auction and distributed immediately.

Points

Shiden Network has a strong upgrade capability, which can be achieved without hard bifurcation to create integrated new functions and repair existing errors. Because of its flexible adaptability, Shiden Network can easily adapt to the rapid update of finished products.

Market Commentary

Shiden Network is a research and development chain that consists of multiple blockchains and Bridges leading to various ecosystems. It features smart contract function and decentralization, and uses cross-virtual machine technology with high technical level.

Pairs

RankSourcePairPrice24hVolume(24H)Trading PercentUpdated
1CoinW1CoinWSDN/USDT
0.11270000
-2.34%$401,492.442.4795%2024-11-05 04:29:36
2MEXC2MEXCSDN/USDT
0.11190000
-2.44%$56,373.55.9645%2024-11-05 04:28:14
3Gate.io3Gate.ioSDN/USDT
0.11160000
-3.54%$9,244.160.9781%2024-11-05 04:28:56
4Crypto.com4Crypto.comSDN/USD
$0.11111
-1.82%$1,277.070.1351%2024-11-05 04:29:33
5Kraken5KrakenSDN/USD
$0.111
-3.48%$824.390.0872%2024-11-05 04:23:30
6Gate.io6Gate.ioSDN/BTC
0.00000164
-1.97%$632.880.0670%2024-11-05 04:29:31
7Gate.io7Gate.ioSDN/ETH
0.00004632
1.07%$405.480.0429%2024-11-05 04:28:55
8Kraken8KrakenSDN/EUR
0.10100000
-3.81%$186.590.0197%2024-11-05 04:24:24
9CoinEx9CoinExSDN/USDT
0.11161700
-3.41%$2,055.840.2175%2024-11-05 04:28:28
10CoinEx10CoinExSDN/BTC
0.00000165
-0.6%$1,999.090.2115%2024-11-05 04:28:27

Trading platform transaction information

Trading Percent

All Exchange
ExchangeVolume(24H)Trading Percent
KrakenKraken$1,010.980.2131%Visit
Gate.ioGate.io$10,282.532.1671%Visit
Crypto.comCrypto.com$1,277.070.2691%Visit
MEXCMEXC$56,373.511.8808%Visit
CoinWCoinW$401,492.484.6153%Visit
CoinExCoinEx$4,054.930.8546%Visit