Shiba Inu Team Lists Shibarium Use Cases as SHIB Burn Rate Reportedly Rises 6,354% in 24 Hours

• SHIB team reveals full Shibarium use case list

• SHIB burns jump 6,354%

Shibarium use cases: Discover Layer-2 swaps, BONE staking, Ethereum bridges, Shibarium Domains and NFT minting. SHIB burns jump 6,354% — read impacts and next steps.

• SHIB team reveals full Shibarium use case list

• SHIB burns jump 6,354%

Published: 2025-09-04 | Updated: 2025-09-04 | Author: COINOTAG

What are the Shibarium use cases?

Shibarium use cases include token swaps on Shibarium-based decentralized exchanges (DEXes), staking BONE, bridging assets from Ethereum, registering Shibarium Domains, minting NFTs and sharing content on Shibarium-native platforms.

All transactions on Shibarium require BONE for fees, so users must hold BONE to interact with these services.

How does each Shibarium function work?

The Shibarium-linked X account @Shibizens published a list of eight available functions, confirming multi-functionality is live now.

• Token swaps: Execute trades on Shibarium-native DEXes with lower Layer-2 fees.

• BONE staking: Stake BONE to participate in network incentives and utility functions.

• Ethereum bridging: Move assets from Ethereum to Shibarium to access Layer-2 liquidity.

• Shibarium Domains: Register readable names for wallets and on-chain identities.

• NFT minting: Mint NFTs with lower gas costs compared with Ethereum mainnet.

• On-chain content sharing: Publish content via Shibarium-native platforms such as letsHypeIt (mentioned by the community account).

How did SHIB burns jump 6,354% and what does it mean?

The SHIB community increased transfers to dead wallets, causing a reported 6,354% daily surge in burn activity. According to Shibburn data, the net burn for the day was 4,559,620 SHIB.

The largest movements included three burn transactions of 1,011,990 SHIB, 2,663,204 SHIB and 420,690 SHIB. Cumulatively, burned supply stands at 410,752,272,987,842 SHIB, while circulating supply remains 584,688,572,323,718 SHIB.

What are the implications for users and markets?

Short-term burn spikes can tighten circulating supply slightly, but the scale of daily burns relative to total supply is still small.

For users, increased burn activity reflects community-led supply management; for traders, the immediate price impact is usually limited without sustained buy-side demand.

Frequently Asked Questions

Do I need BONE to use Shibarium?

Yes. BONE is required to pay transaction fees across Shibarium; holding BONE is necessary before interacting with Shibarium DEXes, staking, bridging, domains or minting NFTs.

Where do SHIB burns come from?

Burns are performed when community members transfer SHIB to dead wallets. This activity is tracked by on-chain monitors reporting the amounts and frequency in real time (source cited: Shibburn, as plain text).

Key Takeaways

• Shibarium is live with multiple utilities: Token swaps, staking, bridging, Domains and NFT minting are available.
• BONE is essential: All fees on Shibarium are paid in BONE—users must hold BONE to participate.
• Burn surge is notable but limited: A 6,354% daily increase equated to 4.56 million SHIB burned; long-term supply effects depend on sustained activity.

Conclusion

The Shibarium ecosystem now supports a broad set of on-chain activities, from swaps and staking to Domains and NFT minting, with BONE as the fee token. Meanwhile, the recent SHIB burn surge of 6,354% highlights active community supply management. Monitor on-chain trackers and official community channels for updates and next steps.