What is Shimmer (SMR)?
Shimmer is a multichain, scalable network to build, connect, and secure sovereign Blockchain networks, enabling the frictionless transfer of assets and data across networks. The foundation of Shimmer is the parallelized UTXO-based DAG ledger. This allows anyone to mint and transfer native assets feelessly under a storage deposit model. On top of the DAG is a flexible application layer offering full EVM-compatibility and WASM support. Additionally, Shimmer will act as a staging network for upgrades to the IOTA ledger.
How does Shimmer work?
The first blockchain network to launch on Shimmer will be the ShimmerEVM, which removes traditional points of friction with asset composability. Both the underlying DAG and the ShimmerEVM run on SMR token, with was allocated entirely to the community of IOTA stakers over a 90-day period.
Where can you buy Shimmer?
Shimmer (SMR) is traded on a wide range of centralized and decentralized exchanges. The most liquid markets for SMR sit on tier-1 venues - the sort of exchanges where institutional desks and professional market makers rebalance continuously - which is what keeps the spread tight and the last price tied closely to fair value.
You can open the Markets section above to see the live list of exchanges quoting SMR, sorted by 24-hour volume. Each row links to the venue's trade page so you can go directly from research to execution without copying the ticker around by hand.
What is the daily trading volume of Shimmer (SMR)?
The reported 24-hour trading volume of Shimmer is $14.28. Volume is a live reading of how much SMR changed hands across all tracked exchanges in the past day and tends to rise during periods of price discovery and fall during consolidation.
For traders, the ratio between volume and market cap is often more informative than either number on its own: a high vol-to-mcap ratio indicates liquid, actively traded supply, while a low ratio suggests that most holders are sitting on the asset.