Shibarium TVL Crashes 74% as DeFi Activity Plunges
Shiba Inu (SHIB)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Shibarium, Shiba Inu’s Layer-2 blockchain, has suffered a sharp decline in DeFi activity, with its total value locked (TVL) plunging 74% over the past 48 hours. This decline comes as investors focus on the recent price gains across the Shiba Inu ecosystem.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 28 August 2026. Not the outlet's figures.
Whalio’s Binance spot data for SHIB shows a price of $0.000005420. The 1-hour buy ratio is 51.6%, indicating strong immediate buying pressure, while the 4-hour ratio has dropped to 37.2%, suggesting that momentum is fading over a slightly longer timeframe. Volume delta reflects this shift, with a positive $16,986 in the last hour contrasting against a negative $148,191 over four hours. The buy ratio measures the proportion of buy orders relative to total trades, while volume delta tracks the net value of buys versus sells; here, recent flow is mixed but leaning bullish in the short term.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Twenty-four hours later
What SHIB did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the buy ratio averaged 49.7%, with the latest day sitting 0.4 points lower than that average. Volume was 0.37x the weekly average, indicating significantly lower activity than usual. While the price rose 9.7% over eight days, the total volume delta was -$1,006,470, showing net selling pressure despite the price gain. This represents an unusual day with volume well below the weekly norm, contrasting with the recent 24-hour volume delta of -$47,844.