TechFlow news, October 22 — According to official data, Shadow Exchange, a DeFi protocol within the Sonic ecosystem, released key metrics for Epoch 39 of its $x33 token. The $x33 token achieved an APR of 138.52%, exceeding 100% for the first time in the past 22 epochs. The voting incentive yield reached 135.81%, setting a new all-time high. Additional data includes:
Ratio Increase: Increased by 0.0525, the third-highest ratio increase in history. The current $x33 token ratio stands at 2.0273
Fees: $346,816
Exit Rebases: $6,921
Shadow Exchange is a leading DeFi protocol in the Sonic ecosystem. Its core innovation is the x(3,3) model, which includes the native Shadow ecosystem token $SHADOW, the governance token $xSHADOW obtained by staking $SHADOW, and $x33, a liquidity version of $xSHADOW minted at a 1:1 ratio. Holding $x33 entitles users to multiple benefits, including fee rebates.
Due to the auto-compounding feature of $x33, $xShadow rewards automatically grow with each epoch through $x33, causing the exchange rate from $x33 to $xSHADOW to continuously rise, attracting arbitrage bots to participate.
