# Shyft Network (SHFT)

**Current Price:** $0.0002288 (📈 0% 24h)

**Price in BTC:** 0 BTC

**Rank:** #3913

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## Market Statistics

| Metric | Value |
|--------|-------|
| Market Cap | $534.3K |
| Fully Diluted | $576.6K |
| Volume (24h) | $9.1K |
| Vol/Mkt Cap | 1.71% |
| Total Supply | 2,520,000,000 |
| Circulating Supply | 2,335,062,791 |

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## Price Changes

| Period | Change |
|--------|--------|
| 1 Hour | -0.38% |
| 24 Hours | 0% |
| 7 Days | -6.44% |

### All-Time Records

- **All-Time High:** $6.34 (-100% from ATH) on Mar 28, 2021

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## Contract Addresses

- **Ethereum:** `0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85`

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## Website

- [shyft.network](<https://www.shyft.network/>)

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## Explorers

- [etherscan.io](<https://etherscan.io/token/0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85>)
- [intel.arkm.com](<https://intel.arkm.com/explorer/token/shyft-network-2>)
- [ethplorer.io](<https://ethplorer.io/address/0xb17c88bda07d28b3838e0c1de6a30eafbcf52d85>)

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## Categories

- [Ethereum Ecosystem](<https://coinstats.app/categories/62df90f00fe1c959b306feb9/>)

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## Community

- [Telegram](<https://t.me/shyftnetwork>)
- [Twitter](<https://twitter.com/shyftnetwork>)

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## About Shyft Network

<h2>What is Shyft Network?</h2>

<p>Shyft Network is a blockchain\-based platform that enables the secure exchange of digital assets and data across multiple jurisdictions\. It provides a secure, transparent, and trusted environment for individuals and organizations to transact with each other in a decentralized manner\. The Shyft Network allows users to securely store, transfer, and verify digital assets without the need for intermediaries or third\-party services\. By leveraging distributed ledger technology \(DLT\), it creates an immutable record of transactions that can be used to ensure compliance with regulations across multiple jurisdictions\.</p> 

<p>The Shyft Network is built on an open source protocol that enables the secure transfer of digital assets between different parties\. It uses advanced cryptography to ensure that all data is kept private and secure while still allowing for fast transaction processing times\. Additionally, its consensus mechanism ensures that all participants are able to agree on the validity of transactions before they are added to the blockchain\.</p> 

<p>The platform also offers a range of tools such as identity management solutions, smart contracts, asset tokenization services, and more\. These tools enable users to create their own digital tokens which can be used for various purposes such as fundraising or loyalty programs\. Furthermore, Shyft’s API allows developers to easily integrate its features into existing applications\.</p> 

<p>Overall, Shyft Network provides an efficient way for individuals and organizations to securely exchange digital assets across multiple jurisdictions in a compliant manner\. With its powerful suite of tools and open source protocol, it has become one of the leading platforms in the industry\.</p>

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## Shyft Network Token Risks

**Trust Score:** 65/100

| Risk Type | Severity | Result |
|-----------|----------|--------|
| Centralized Burn | 🟠 high | ✓ Passed |
| Centralized Mint | 🟠 high | ✓ Passed |
| Transfer event amount mismatch | 🟠 high | ✗ Failed |
| Blacklist | 🟠 high | ✗ Failed |
| Unauthorized Token Approvals | 🟠 high | ✗ Failed |
| Proxy (Upgradeable) | 🟠 high | ✗ Failed |
| Selfdestruct | 🟠 high | ✗ Failed |
| Balance Manipulation | 🟡 medium | ✓ Passed |
| Basic Transfer Fee | 🟡 medium | ✗ Failed |
| Approval event not emitted | 🟡 medium | ✗ Failed |
| No Transfer event emitted | 🟡 medium | ✗ Failed |
| Blockable Transfer | 🟡 medium | ✗ Failed |
| Pausable | 🟡 medium | ✗ Failed |
| Cooldown checks | 🟡 medium | ✗ Failed |
| External call in transfer | 🟡 medium | ✗ Failed |
| Whitelist | 🟢 low | ✗ Failed |
| ETH Balance Sweep | ⚪ minor | ✗ Failed |
| Asset Withdrawal | ⚪ minor | ✗ Failed |
| Assembly usage in transfer | ⚪ minor | ✗ Failed |
| Not fully ERC20 compliant | ⚪ minor | ✗ Failed |

[Learn more about token risks](<https://coinstats.app/blog/risks/>)

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## Shyft Network Markets

| # | Exchange | Pair | Volume (24h) | Vol % | Price |
|---|----------|------|--------------|-------|-------|
| 1 | Gate.io | SHFT/USDT | $8.9K | - | $0.0002298 |
| 2 | Uniswap V2 | SHFT/WETH | $309.7 | - | $0.0002241 |

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## Shyft Network News

### [Panther Protocol and Shyft Network Partner to Advance Privacy Tech and Institutional Dark Pools](<https://coinstats.app/news/cz7GqdrbZR_Panther-Protocol-and-Shyft-Network-Partner-to-Advance-Privacy-Tech-and-Institutional-Dark-Pools>)
*Unknown - Nov 4, 2021*

The partnership aims to accelerate the development of privacy\-enhancing technologies, data protection tooling\....

### [Panther Protocol and Shyft Network Announce Strategic Partnership To Enhance Data Privacy Tech](<https://coinstats.app/news/Ak0QeDwfrt_Panther-Protocol-and-Shyft-Network-Announce-Strategic-Partnership-To-Enhance-Data-Privacy-Tech>)
*Unknown - Nov 3, 2021*

Panther, an end\-to\-end privacy protocol pursuing privacy restoration to Web3 and DeFi, and Shyft Network, a public protocol that builds trust and compliance into blockchain data, have announced a stra...

### [Bringing Blockchain Back To the People: Shyft Network Partners with PARSIQ](<https://coinstats.app/news/erAcSLYRhM_Bringing-Blockchain-Back-To-the-People-Shyft-Network-Partners-with-PARSIQ>)
*Unknown - May 24, 2021*

Shyft Network, a public blockchain protocol aggregating and embedding trust and validation for data sets, announced its partnership today with PARSIQ, a blockchain automation and analytics platform\.Th...

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## Also Check Shyft Network Price On

- [CoinGecko](<https://www.coingecko.com/en/coins/shyft-network-2>)
- [CoinMarketCap](<https://coinmarketcap.com/currencies/shyft-network>)
