Shibarium, a brand-new blockchain connected to the Shiba Inu coin, has been integrated by DEXTools, a platform renowned for its analytics offerings in the decentralised finance (DeFi) market.
Through the DEXTools platform, users may now transact in tokens on the Shibarium network directly.
In a recent social media post, DEXTools urged users to do their own research (DYOR) before entering any transactions and to be ready for extreme volatility. After two days of rigorous testing, Shibarium entered an optimisation process before the integration.
Lead Shibarium developer Shytoshi Kusama recently gave an update on the project’s scaling efforts.
Kusama claims that further security features have been added to the blockchain, including rate capping at the RPC (Remote Procedure Call) level and an automatic server reset to handle heavy traffic.
The blockchain might serve as a scaling option for the Shiba Inu coin thanks to these improvements that are intended to have Shibarium ready for a public relaunch. However, the platform is still in the testing stage right now.
DEXTools is a prominent player in the DeFi market, led by CEO Javier Palomino and core team members Frederic Fernández and Pablo Ojanguren. In 2023, it implemented a number of platform changes, including improved security assessments and the incorporation of more blockchains.
