HomeCrypto NewsMarketCertiK Ranks ShibaSwap As Top Watchlisted DEX Beating 1inch and PancakeSwap

CertiK Ranks ShibaSwap As Top Watchlisted DEX Beating 1inch and PancakeSwap

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Shiba Inu decentralized exchange (DEX) ShibaSwap becomes the top watchlisted DEX project on Certik.

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Certik, the leading security-focused ranking platform to analyze and monitor blockchain protocols and DeFi projects recently released a list of the top 10 watchlisted DEX projects on their platform. ShibaSwap becomes successful in securing the top position. 1inch Network (1INCH) and PancakeSwap (CAKE) manage to secure the top 2nd and 3rd positions respectively.

The list further includes ThorChain (RUNE), IoTeX (IOTX), Bancor (BNT), Biswap (Biswap), DODO DEX (DODO), BakerySwap, and SXP (SXP).

ShibaSwap Ranked 2nd on the Basis of Skynet Trust Score:

Certik data further reveals that ShibaSwap is ranked second on the basis of the Skynet Trust Score, next to Polygon (MATIC). The Skynet Trust Score of ShibaSwap stands at 93, whereas, Polygon (MATIC) has a trust score of 95.

The Skynet Trust Score is decoded after closely analyzing a crypto project’s relative security, market performance, and social sentiment.

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Shiba Inu Once Again Becomes The Trending Topic

Moreover, Shiba Inu once again begins to trend on various social media platforms, crypto data tracking websites, and exchanges as the potential launch of Shibarium – Layer 2 Solution comes near. The Community got much excited after the team behind the most popular canine-themed cryptocurrency formally announced the burning of Shiba Inu tokens through each on-chain transaction executed on the network.

CoinMarketCap ranked Shiba Inu as the most trending crypto in the past 24 hours, followed by Bitcoin (BTC) and Polygon (MATIC).

Shiba Inu Trending on CoinMarketCap
Shiba Inu Trending on CoinMarketCap

At the same time, WeBull, a commission-free crypto trading platform reveals that SHIB remains the most popular crypto project over the last week on the platform.

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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