Shiba Inu has officially crowned its first native Shibarium perpetual DEX — marking a significant push into the ecosystem’s decentralized finance infrastructure.
Positions Exchange, a platform built from the ground up for onchain leveraged trading, is now formally recognized as Shibarium’s inaugural perpetual DEX, a title that brings not just visibility but considerable responsibility. This designation places Positions Exchange among the few projects directly advised by Shiba Inu core team members Shytoshi Kusama and Kaal Dhairya, anchoring a new era of self-custodied, low-fee trading designed for scale within the meme-born ecosystem
“Becoming an official Shiba Inu project is a major milestone that validates our long-term commitment to the ecosystem,” said the Positions Exchange team. “It places us at the core of Shibarium’s DeFi stack, and with that comes a greater responsibility to deliver real innovation and value.”
The transition was not instantaneous. The Positions Exchange team had been quietly building on Puppynet, Shibarium’s testnet, long before the partnership was formalized. According to the team, the platform earned its official status “through consistent development and in-depth market research,” all while staying in close dialogue with Shibarium’s leadership.
“Their collaborative spirit and openness helped us align on key goals,” the team said, crediting the core team’s guidance with helping evolve their early prototype into a full ecosystem contributor.
Before diving into what Positions Exchange brings to the table, it’s worth understanding what a perpetual DEX is — and why it matters for traders in the Shibarium ecosystem.
Perpetual trading lets users speculate on crypto prices without owning the asset or facing an expiration date. Unlike traditional futures, these contracts roll forward indefinitely, offering more flexibility and access to leverage.
The trade-off? Greater potential reward, but also higher risk.
Think of it like a racetrack — instead of buying a car (the token), you’re placing bets on how fast different models will go.
Most crypto traders start with spot markets on centralized platforms like Binance or Coinbase. You buy, you hold, maybe sell later.
Decentralized exchanges like ShibaSwap took things a step further. They allowed users to swap tokens directly from their wallets — no accounts, no custodians — but still focused mainly on spot trading.
Perpetual DEXs go further. They combine self-custody with more advanced trading strategies like leverage and shorting. Platforms like GMX on Arbitrum and dYdX (which began on Cosmos and now runs on its own chain) helped define the space.
With perpetual DEXs, users aren’t buying the asset itself — they’re making directional bets on where the price is headed. That kind of trading is arriving on Shibarium.
Into this evolving DeFi landscape steps Positions Exchange — a perpetual DEX built specifically for Shibarium, not ported over from another chain.
While most perpetual platforms started elsewhere and adapted later, Positions Exchange was designed from the ground up for Shibarium’s architecture, fees, and community.
The foundation of Positions Exchange is perpetual contracts. Traders can go long or short on major crypto pairs, use leverage to amplify their positions, and do it all while keeping full custody of their assets. There are no accounts, no KYC, no intermediaries — just smart contracts executing trades directly from your wallet.
Key features include:
The experience is built to cater to both seasoned traders and first-timers from the Shib Army. “We wanted it to feel as simple as Uniswap, but with the power of Bybit,” the team said.
Ahead of its mainnet launch, a Testing & Earn campaign is live — inviting users to explore the platform, report bugs, and earn rewards for helping shape the final release.
Being named Shibarium’s first official perpetual DEX puts Positions Exchange in a strategic role — far beyond a simple product launch. That means coordinating feature rollouts, liquidity plans, and security standards in lockstep with the broader Shiba Inu roadmap.
“Our vision has shifted,” the team said. “We’re not just launching a product — we’re helping build an ecosystem.”
Part of that vision includes exploring a native token. While nothing is confirmed yet, early conversations with the Shiba Inu core team are underway. The focus, according to the team, is on crafting tokenomics that prioritize community ownership, real utility, and interoperability across the wider Shibarium network.
The Shiba Inu ecosystem is stepping beyond meme coin origins and into the realm of serious, scalable infrastructure. The official acknowledgement of Positions Exchange as the first official perpetual DEX on Shibarium is not merely a milestone but a statement about the kind of DeFi this chain is ready to support.
Backed by native tooling, a scale-focused roadmap, and connections to Shibarium’s core team, Positions Exchange aims to become the primary leveraged trading platform within the ecosystem.
“We’re not just here to launch,” the team said. “We’re here to scale with the chain.”
For the millions aligned with the Shiba Inu vision, the question now shifts: not if they’ll engage, but how. What tools will they wield? What role will they play in shaping what comes next?
Because in the end, it’s not the code that defines the future — it’s the conviction of the community building on top of it.
