Shibarium

SHIB Affiliated ecosystem token · CMC #34 in the snapshot

The Shiba Inu ecosystem’s EVM network uses its own proof-of-stake validators, with BONE rather than SHIB as its gas and staking asset.

Profile checked 14 Nov 2026Asset ranks captured 14 Nov 2026Snapshot & methodology ↗

01 / THE PURPOSE

What is Shibarium for?

Shibarium provides an execution environment for applications, tokens and collectibles associated with the Shiba Inu ecosystem. A SHIB market listing and the Shibarium chain describe different parts of that ecosystem.

02 / THE ARCHITECTURE

Three questions about the machinery.

How does it agree?

Consensus & security

Its Polygon-PoS-inspired design separates Heimdall validator coordination from Bor block production. Validators stake BONE through Ethereum contracts, while periodic checkpoints are recorded on Ethereum. The network still relies on its own validator set.

Where do instructions run?

Execution model

Bor executes EVM-compatible transactions and maintains Shibarium state. Developers can build smart contracts using Ethereum-style concepts, but a contract and its balances on Shibarium are separate from an Ethereum deployment.

What is the token for?

SHIB in the system

BONE pays Shibarium transaction fees and supports validator staking. SHIB is an associated ecosystem token, not the chain’s native gas asset. Owning SHIB alone is not participation in BONE-based validator consensus.

03 / THE DESIGN CHOICES

What comes with the design?

Each architecture makes choices about security, performance, coordination, and who can participate.

Security depends on the Shibarium validator and block-producer systems as well as bridge contracts.
Ethereum checkpoints do not make bridge exits or application execution identical to Ethereum mainnet.

04 / IN PRACTICE

Follow one use.

Illustrative: a holder transfers a SHIB representation on Shibarium. The transfer changes token balances in a contract, while the network fee is paid in BONE; the two balances serve different purposes.

05 / CHECK THE EXPLANATION

Sources & snapshot.

Network descriptions use the references below. The CoinMarketCap snapshot determines which assets are in scope and their captured rank; it does not assess the quality of a network.

Shibarium PoS Overview Shiba Inu documentation
Shiba Inu documentation: network and ecosystem reference Shiba Inu documentation
CoinMarketCap top 100 snapshot Captured 14 Nov 2026 · See the complete scope audit
Shiba Inu (SHIB) on CoinMarketCap Captured asset rank #34

Profile checked 14 Nov 2026. Network designs and ranked positions can change.