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    Bone ShibaSwap

    BONE

    Evaluation Score

    Overall rating on a scale of 0-10

    RiskReturn
    06.210
    Risk Level:
    High
    Recommendation:Speculative position only
    Evaluated:November 29, 2025 (v5)

    Crypto Token Health Score Explained

    Our AI-powered health score evaluates on-chain metrics, community support, tokenomics, and more. This helps DeFi investors understand risk, compare tokens, and make informed decisions. Learn how to analyze DeFi tokens' risk and use these insights for DeFi portfolio risk management.

    AI Analysis

    Comprehensive evaluation of the token

    BONE has credible utility inside the Shiba ecosystem (governance, staking/tBONE, and Shibarium gas), a hard cap near 250M, and visible ecosystem activity (docs, ops, incident response). Community backing is strong via the broader Shib Army, though BONE-specific engagement is smaller and support quality is uneven. Development appears active operationally but lacks a clear, high-velocity public engineering footprint and end-to-end transparency. Security posture is mixed: the token is source-verified but audit coverage for BONE specifically is limited, and the Sept 2025 bridge/validator exploit exposed systemic governance/operational risks despite swift response. Governance is evolving (DAO improvements) but remains exposed to holder concentration and pseudonymous leadership. Market outlook is tightly coupled to Shibarium adoption and faces stiff competition from larger DEX and L2 tokens. Upside requires sustained L2 traction, hardened security, clearer value accrual to BONE, and better engineering transparency.

    Detailed Analysis by Category

    Development Activity

    Code updates and developer engagement

    RiskReturn
    06.010

    Community Support

    Social media presence and community engagement

    RiskReturn
    07.010

    Tokenomics

    Supply, distribution, and utility

    RiskReturn
    07.010

    Market & Use Case

    Value proposition and competitive landscape

    RiskReturn
    06.010

    Team & Governance

    Team background and project governance

    RiskReturn
    06.510

    Security & Audits

    Security history and audit status

    RiskReturn
    05.010

    About Bone ShibaSwap (BONE)

    Bone ShibaSwap (BONE)

    Symbol: BONE
    Token Standard: ERC-20
    Max Supply: 250,000,000 BONE

    Bone ShibaSwap (BONE) is the governance and utility token of the Shiba Inu ecosystem’s ShibaSwap decentralized exchange. As an ERC-20 token on Ethereum, BONE empowers community-driven decision-making, enabling holders to propose and vote on protocol changes.

    Key Features:

    • Governance: Submit and vote on ShibaSwap protocol proposals
    • Staking: Deposit BONE in Bone Vault to earn rewards
    • DeFi Integration: Supported across major wallets and DeFi platforms
    • Limited Supply: Capped at 250 million BONE to ensure scarcity

    Explore the BONE contract on Etherscan to track total supply and transaction history. BONE is listed on leading exchanges and anchors the Shiba Inu DeFi ecosystem.

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