Trade BONE/USD
Bone ShibaSwap / US Dollar
BONE is the governance token of ShibaSwap and the gas token of Shibarium, the Shiba Inu ecosystem's Layer 2 blockchain built on Polygon's PoS architecture.
Price Chart
Specifications
About Bone ShibaSwap (BONE/USD)
BONE emerged as part of the Shiba Inu ecosystem's expansion beyond its meme coin origins into a broader DeFi and Layer 2 infrastructure play. ShibaSwap is the ecosystem's native decentralized exchange where users stake SHIB, LEASH, and BONE to earn rewards and participate in governance. BONE holders can vote on development proposals for the Shiba Inu ecosystem. Most significantly, BONE became the gas token for Shibarium, the Shiba Inu ecosystem's Layer 2 blockchain that launched in 2023. Shibarium's transaction fees are paid in BONE, creating a functional utility demand beyond speculation. Every Shibarium transaction burns a portion of SHIB, linking the Layer 2's activity back to the flagship SHIB token's supply. BONE/USD on StoicMarkets is a CFD, no BONE tokens are purchased or held on your behalf.
Key Price Drivers
- Shibarium transaction volume and dApp deployments driving functional BONE gas demand
- Shiba Inu community sentiment, social media activity, and SHIB price correlation
- ShibaSwap TVL and active governance participation indicating ecosystem DeFi health
- New game launches, NFT projects, and DeFi protocols building on Shibarium
Peak Trading Hours
Meme and community token CFDs trade around the clock on StoicMarkets MT5. Sustained volume aligns with US and European hours, though viral social media moments can drive sudden surges at any time.
US and European business hours (13:00-21:00 UTC)
A single viral post or exchange listing can spike volume well outside of regular hours. Meme tokens tend to have thinner liquidity than major cryptos, so spreads may widen during quieter periods. Available on MT5 from Monday 00:00 to Friday 23:59 UTC.
How to Trade BONEUSD on StoicMarkets
Open an Account
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Find BONEUSD in MT5
Open MetaTrader 5, search for BONEUSD in Market Watch, and add it to your chart.
Place Your Trade
Set your lot size, stop loss, and take profit, then execute your order.
Key terms
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Frequently Asked Questions
What is Shibarium and why does it use BONE as its gas token?
Shibarium is a Layer 2 blockchain built by the Shiba Inu development team on top of Polygon's PoS architecture. It was created to provide a low-cost transaction environment for the Shiba Inu ecosystem's applications without congesting Ethereum mainnet. BONE was chosen as the gas token because it provides a functional utility role for a token that was otherwise purely a governance asset, and it ties Shibarium transaction activity to the BONE supply while separately burning SHIB through a portion of the gas fees.
How does BONE relate to SHIB and LEASH in the Shiba Inu ecosystem?
The Shiba Inu ecosystem uses a three-token model. SHIB is the flagship meme and community token with a massive supply. LEASH is a scarce companion token with a very small supply, intended as a store of value within the ecosystem. BONE is the utility and governance token, lower supply than SHIB but not as scarce as LEASH, designed to facilitate ShibaSwap governance and now also to power Shibarium gas fees. The three tokens create different risk and return profiles within the same ecosystem.
Is BONE primarily a speculative asset or does it have real utility?
BONE has graduated from a pure governance token to an asset with functional utility as Shibarium's gas token. Every Shibarium transaction requires BONE to pay fees, creating demand that scales with Shibarium adoption. However, the user base and transaction volume on Shibarium remains heavily dependent on the Shiba Inu community's enthusiasm, which is strongly correlated with retail crypto sentiment. The utility is real, but the scale of that utility depends on how widely Shibarium is adopted beyond the existing SHIB community.
Does trading BONE/USD on StoicMarkets mean I hold tokens?
No. BONE/USD on StoicMarkets is a Contract for Difference. You trade BONE's price against the US dollar without holding any tokens. To use BONE as gas on Shibarium, stake in ShibaSwap, or vote on Shiba Inu ecosystem governance proposals, you would need actual BONE tokens in an Ethereum or Shibarium-compatible wallet.
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CFDs are complex instruments and carry a high risk of rapid capital loss due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.