Get up to $200 for getting started
Coinbase Logo

Shimmer (SMR) is not tradable on Coinbase.

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Shimmer logo

Shimmer

SMR

About Shimmer

Shimmer (SMR) is a distributed ledger technology (DLT) network that serves as the official L1 staging and validation network for IOTA. It is designed as a rapid innovation playground with short development cycles, providing developers with the opportunity to build applications and utilize features that are not yet available on the IOTA mainnet. Shimmer is built on a UTXO-based parallelized, directed acyclic graph (DAG), which strives to offer higher scalability than conventional blockchains. It provides the core building blocks for a scalable, modular multi-chain architecture. The native token of the Shimmer network, $SMR, facilitates value transactions and interactions within the Shimmer ecosystem.

Shimmer operates on a UTXO-based parallelized, directed acyclic graph (DAG), which strives to ensure higher scalability than traditional blockchains. It aims to ensure interoperability and composability of L2 smart contract chains and is capable of connecting any type or flavor of L2 smart contract chain anchored to it. Shimmer's tokenization framework allows it to become a multi-asset ledger for minting and transfer of native assets without middlemen or crippling gas fees. The $SMR token is used within the Shimmer ecosystem for the development of new DeFi applications, DEXs, NFTs, DAOs, and other dApps.

Shimmer aims to provide a platform for developers to build applications and use features that are not yet available on the IOTA mainnet. It offers a tokenization framework that allows for the minting and transfer of native assets without the need for intermediaries or high gas fees. This makes it a potential platform for the development of new DeFi applications, DEXs, NFTs, DAOs, and other dApps. Additionally, Shimmer's interoperability and composability features make it a potential platform for connecting any type or flavor of L2 smart contract chain.

Shimmer was developed as the official L1 staging and validation network for IOTA, a distributed ledger technology (DLT) network. It was designed to be a rapid innovation playground with short development cycles, allowing developers to build applications and use features that are not yet available on the IOTA mainnet. Shimmer was built on a UTXO-based parallelized, directed acyclic graph (DAG), striving to offer higher scalability than conventional blockchains. Shimmer was designed with the intention of accelerating the transition to a fully decentralized, permissionless, and feeless network. The $SMR token, the native token of the Shimmer network, was allocated to early adopters through a process involving MIOTA tokens and SMR tokens.

Market

Market stats

Data is sourced from CoinMarketCap and other third parties. We make no representation on the accuracy of the data provided. Learn more

Market cap

Data unavailable

Volume (24h)

$82,722.39

Circulating supply

Data unavailable

All time high

$0.18

Market performance

Price change (1h)

+0.21%

Price change (1d)

-7.06%

Price change (1w)

-16.07%

Price change (2w)

-24.35%

Price change (1m)

-36.19%

Price change (1y)

-87.86%

Related Assets

Discover conversions

A selection of conversions from different assets to top cryptocurrencies.

Trending assets

Assets with the biggest change in unique page views on coinbase.com over the past 24 hours.

Popular cryptocurrencies

A selection of cryptocurrencies in the top 50 by market cap.

Recently added

A selection of the most recently added cryptocurrencies.

Comparable market cap

Of all the assets on Coinbase, these 12 are the closest to Shimmer in market cap.

Advanced trading

Here is a selection of spot and futures markets that people watch

Coinbase Bytes

Coinbase Bytes

The week’s biggest crypto news, sent right to your inbox

Shimmer is on the decline this week.

The price of Shimmer has increased by 0.21% in the last hour and decreased by 7.06% in the past 24 hours. Shimmer’s price has also fallen by 16.07% in the past week. The current price is $0.0057 per SMR with a 24-hour trading volume of $82.72K. Currently, Shimmer is valued at 96.82% below its all time high of $0.18. This all-time high was the highest price paid for Shimmer since its launch.

The current circulating supply of Shimmer is 0 SMR which means that Shimmer has as total market cap of 0.

FAQ

What is the current price of Shimmer?

We update our Shimmer to USD currency in real-time. Get the live price of Shimmer on Coinbase.

What is the market cap of Shimmer?

The current market cap of Shimmer is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Shimmer?

The all-time high of Shimmer is $0.18. This all-time high is highest price paid for Shimmer since it was launched.

What is the 24 hour trading volume of Shimmer?

Over the last 24 hours, the trading volume of Shimmer is $82.72K.

What other assets are similar to Shimmer?

Assets that have a similar market cap to Shimmer include Gode Chain, Wrapped Rose, Frutti Dino, and many others. To see a full list, see our comparable market cap assets.

How many Shimmer are there?

The current circulating supply of Shimmer is 0.

Can I buy Shimmer on Coinbase?

No, Shimmer is not currently available on Coinbase, but you can sign up to get the latest news on Shimmer and be notified when it gets added to our exchange.