CoinW launches the global debut of the Shardeum token (SHM) to support the revolutionary wave in the Layer 1 track.

CN
8 hours ago

On May 8, 2025, CoinW, a global leading cryptocurrency exchange, officially launched the world's first autoscaling blockchain Shardeum's native token $SHM.

This collaboration not only showcases CoinW's forward-looking layout in the Layer1 space but also reflects its core philosophy of being "user-centric," continuously selecting high-potential, technology-driven quality assets for global users.

As a core participant in the infrastructure of the cryptocurrency industry, CoinW adheres to its mission of "discovering value and empowering the future," providing comprehensive support through technology, traffic, and resources to help quality projects achieve leapfrog development from technical implementation to ecological expansion.

Breaking the "Impossible Triangle": Shardeum's Scalable Decentralized Practice

Led by Indian crypto pioneer Nischal Shetty, Shardeum has been dedicated to building a "high-performance, low-cost, decentralized" trinity Layer1 public chain since 2022, providing infrastructure for large-scale Web3 applications worldwide.

Most Layer1 public chains are constrained by the "blockchain impossible triangle" of decentralization, scalability, and security, often requiring the sacrifice of one characteristic to optimize others. Some chains sacrifice decentralization for speed, while others lose scalability due to an excessive emphasis on security. Shardeum breaks this deadlock.

Its innovative dynamic state sharding architecture and built-in automatic scaling mechanism allow the network to dynamically increase nodes based on user and transaction volume, achieving linear scalability without worrying about soaring gas fees or network congestion. At the same time, Shardeum maintains open permissions and decentralization, allowing all nodes to participate in consensus, making it one of the first Layer1 projects to achieve sustainable scaling without sacrificing any of the three elements.

Four Pillars of Innovation: CoinW's In-Depth Analysis of Shardeum's Value

CoinW Research Institute conducted a comprehensive assessment of Shardeum from four dimensions: technological innovation, ecological compatibility, team execution capability, and token economic model:

  1. Technological Breakthrough: Shardeum's automatic scaling capability can linearly increase TPS as the number of nodes grows, maintaining gas fees at around $0.01 even under high load. Its dynamic state sharding and exclusive "Optimistic Quorum Consensus" (PoQo) mechanism give the network near-infinite scalability potential.

  2. Permissionless Validation Network: During the testnet phase, Shardeum attracted 171,000 validation nodes, setting a record for Layer1 testnets. The mainnet launched with 256 validation nodes (two groups of shards). The process of setting up Shardeum nodes is extremely simple, requiring just one command and a few basic questions to complete full synchronization in under a minute, significantly lowering the participation threshold, especially suitable for emerging markets, and greatly enhancing the network's decentralization.

  3. Developer-Friendly: Shardeum has over 60 open-source code repositories and has received more than 32,000 stars on GitHub. Upon mainnet launch, it supports mainstream EVM wallets like MetaMask and is compatible with commonly used block explorer tools, creating a transparent and open development environment.

  4. Token Economic Optimization:

    • Staking Reward Mechanism: Initial annualized returns can reach up to 50%, encouraging user participation and enhancing network security.

    • Deflationary Burning Mechanism: A portion of SHM tokens is burned with each transaction, increasing its long-term scarcity.

    • Ecological Incentive Reserve: 22.44% of the total issuance will be used for developer incentives, released in phases to ensure sustainable ecological development.

CoinW's Multidimensional Empowerment: Accelerating Shardeum's Global Rise

As the first exchange to list SHM, CoinW not only provides trading infrastructure but also supports Shardeum in standing out in the competitive Layer1 space from multiple aspects, including branding, users, and ecology.

At the initial launch, CoinW provided a deep liquidity pool for SHM, ensuring users a zero-slippage trading experience. Leveraging its vast social media matrix, global KOL resources, and partnership network, CoinW quickly propelled Shardeum into core markets in Asia, Europe, and the Middle East, stimulating brand awareness and community vitality.

In addition to trading and marketing support, CoinW Research Institute also provided Shardeum with critical strategic insights. Upholding the philosophy of "technology-driven, ecological synergy," the team evaluated the project from the perspectives of technical potential, application scenarios, and compliance. With EVM compatibility, extremely low gas fees, and dynamic sharding design, Shardeum not only offers a new approach to solving the three challenges but also becomes an ideal platform for global developers.

Through liquidity support, global exposure, technical evaluation, and ecological integration, CoinW has not only promoted Shardeum's global expansion but also solidified its leadership position in Layer1 infrastructure development.

CoinW × Shardeum: The Resonance Starting Point of Ecological Synergy

The successful launch of SHM on May 8 not only represents a deepening of the strategic collaboration between CoinW and Shardeum but also helps the latter achieve a leap from technical stack to market recognition, marking a key step for CoinW in building the Layer1 ecosystem.

Shardeum is not only a product of technological innovation but also carries the shared vision of the global crypto community for "digital sovereignty." With dynamic sharding as its spear and EVM compatibility as its shield, this Layer1 public chain is expected to redefine the blockchain development path in emerging markets.

Looking ahead, CoinW will continue to leverage its liquidity depth, global brand assets, and strategic research capabilities to support Shardeum in landing in more real-world scenarios, accelerating its emergence as a representative Layer1 project in emerging economies.

About CoinW

CoinW was established in 2017 and has become a global leading cryptocurrency trading platform, providing a one-stop digital asset service entry for 220 million digital currency users worldwide, with users in over 200 countries. The platform offers one-stop intelligent trading services, with an average daily trading volume exceeding $20 billion, ranking 4th in CMC contracts, and surpassing 10 million registered users. CoinW is committed to "helping users increase their wealth" and "empowering blockchain technology transformation," continuously optimizing its product architecture and launching innovative product lines such as DeriW. Since 2022, CoinW has been expanding its brand influence through sponsorship of international sports events and collaboration with football legend Andrea Pirlo. At the same time, CoinW upholds a sense of social responsibility, actively engaging in public welfare, donating supplies to orphanages in Africa, and initiating charitable activities for stray animals in Taiwan. In the future, CoinW will continue to promote global inclusive finance, lead the development of the cryptocurrency industry, and drive the global popularization of blockchain and crypto assets.

For more information, visit CoinW's official website, or follow CoinW on X account and join the CoinW Telegram group.

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