Shiden Network Shiden Network SDN
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Show Coin Info
Price
0.02486622 USD
% Change
4.27%
Market Cap
1.69M USD
Volume
12.7K USD
Circulating Supply
68.1M
38% from all time low
33520% to all time high
1324% from all time low
24713% to all time high

Shiden Network (SDN) Feed: Events, News & Roadmap

Shiden Network Events on the Chart

What is Shiden Network?

Shiden Network (SDN) is a multichain decentralized application layer built on the Kusama Network, designed to provide smart contract functionality absent on Kusama’s Relay Chain. It supports Ethereum Virtual Machine (EVM), WebAssembly, and Layer2 solutions, enabling a wide range of decentralized applications, including DeFi and NFTs.

By integrating with Kusama, Shiden leverages Kusama’s robust infrastructure while offering a specialized environment for deploying and testing decentralized applications. Its interoperability across multiple blockchain protocols and native support for EVM and WebAssembly make it a versatile platform for developers. The inclusion of Layer2 solutions further enhances scalability, ensuring efficient operation and adaptability in a multichain ecosystem.

The SDN token is the native utility asset of the Shiden Network. It is used for transactions, governance, and staking, playing a central role in network security and decision-making. Beyond its technical use, SDN also helps sustain the ecosystem by incentivizing participation and maintaining community engagement across platforms.

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