NewsCryptoShiba Inu Gains New US Trading Venue as Open Interest and Social Activity Climb

Shiba Inu Gains New US Trading Venue as Open Interest and Social Activity Climb

Author: DailyCoin·

Key Takeaways

  • UEX.US has added SHIB trading, allowing users to trade the token against USDT and over 180 other currencies, earn Savings Rewards, and borrow up to 90% LTV without selling.
  • CoinGlass data shows open interest in 1000SHIB derivatives rose 12.75% to $31.17 million, while trading volume jumped 27.95% to $69.55 million.
  • SHIB's 24-hour long-versus-short ratio stands at 1.0268, above the 1.0 threshold where longs outweigh shorts, with Binance top-trader ratios notably higher, indicating leveraged traders are rebuilding positions.
  • SHIB's social dominance, its share of overall crypto-related online discussion, has been recovering alongside the derivatives activity.
  • Shiba Inu, created on Ethereum in August 2020, has expanded beyond its meme origins with the Shibarium layer-2 network launched in 2023 and companion tokens BONE and LEASH.
Shiba Inu Gains New US Trading Venue as Open Interest and Social Activity Climb

Shiba Inu has picked up a fresh trading venue in the United States, arriving as signs of renewed attention around the meme token continue to build. Unlike the mixed signals seen earlier in the week, the latest derivatives data now points to growing participation alongside rising social buzz.

UEX.US Adds SHIB Trading

UEX.US has added SHIB trading, allowing users to trade the token against USDT and other major assets.

Glad to have $SHIB on board! The Army can now trade against over 180 other currencies, earn with Savings Rewards, and borrow up to 90% LTV without selling to buy even more $SHIB . Woof-Woof! 🐕 🐕 🐕

UEX.US (@uex_us), August 19, 2026

The listing gives Shiba Inu another point of access in a market where availability on regulated or U.S.-facing platforms can still influence short-term liquidity and retail participation. U.S. retail access has been a recurring theme for the token, most visibly when Robinhood added SHIB to its brokerage app in April 2022 as part of a wider expansion of its coin offerings.

The addition comes as SHIB attempts to regain momentum following a period of uneven price action. A new listing does not automatically create sustained demand, but it can widen the pool of potential buyers and make the token easier to trade for users who previously had limited access.

Created on Ethereum in August 2020, Shiba Inu has grown into one of the best-known names in the meme-coin sector and has typically ranked alongside Dogecoin among the largest meme tokens by market value, a segment where sentiment often moves faster than underlying market structure. The project has also looked to build beyond the meme label with ventures such as Shibarium, an Ethereum layer-2 network launched in 2023, and companion tokens like BONE and LEASH. That recognition can amplify rallies when risk appetite improves, though it also leaves the token exposed to sharp reversals when speculative interest fades.

Social Attention Climbs as Open Interest Rebounds

Market data now points to a more constructive picture. SHIB's social dominance — the token's share of overall crypto-related discussion tracked by analytics platforms — has been recovering, indicating the token is drawing more discussion among traders and online communities.

At the same time, the latest CoinGlass figures show open interest in 1000SHIB derivatives has risen 12.75% to $31.17 million, while trading volume jumped 27.95% to $69.55 million. Open interest measures the total value of derivative contracts not yet settled, and it rises as new positions are opened; 1000SHIB is a scaled contract unit in which each contract represents 1,000 SHIB.

Shiba Inu's long-versus-short ratios across major exchanges are also leaning slightly bullish, with the overall 24-hour long-versus-short ratio at 1.0268 — above the 1.0 level at which long positions begin to outweigh shorts — and top-trader ratios on Binance sitting notably higher. This suggests leveraged traders are beginning to rebuild positions rather than staying on the sidelines.

Taken together, the new U.S. listing, rising social activity, and increasing open interest offer a more aligned set of signals than earlier in the week. Market watchers will still be assessing whether the higher discussion levels and derivatives activity translate into sustained spot volume, with metrics such as funding rates commonly used to gauge how stretched leveraged positioning has become.

SHIB's next move is likely to depend on whether buyers continue supporting the recovery once the initial listing effect fades. In meme coins, accessibility and hype can spark a rally, but lasting momentum usually requires both liquidity and stronger bullish conviction.