The Shiba Inu ecosystem is gaining renewed momentum, with key developments signaling increased adoption and utility for its native tokens. At the center of recent discussions is Lucie, the marketing lead for Shiba Inu, who has publicly called on Binance—the world’s largest cryptocurrency exchange by trading volume—to list the Bone ShibaSwap (BONE) token. This push comes amid surging activity on Shibarium, the project’s Ethereum-based Layer-2 blockchain, where a new liquid staking platform is driving transaction growth and total value locked (TVL).
Why BONE Deserves a Spot on Binance
On September 20, Lucie took to social media to urge Binance to add BONE to its growing list of supported assets. Her argument was both strategic and data-driven, emphasizing BONE’s foundational role within the Shiba Inu ecosystem.
“BONE is integral to the SHIB ecosystem. It plays a critical role in Shibarium’s operations, as it is used to pay gas fees for transactions on the Shibarium Layer 2 blockchain. Currently, BONE has 95,000 holders, while SHIB has 3.8 million followers,” Lucie stated.
This distinction highlights not only BONE’s utility but also its concentrated, engaged user base—qualities that exchanges often consider when evaluating new listings.
BONE serves multiple critical functions:
- Gas fee payment on Shibarium
- Governance for ShibaSwap and broader ecosystem decisions
- Staking and yield generation through decentralized finance (DeFi) platforms
- Limited supply, adding scarcity value
Unlike SHIB, which has a massive circulating supply, BONE has a capped supply of 250 million tokens, making it more aligned with traditional economic models of scarcity and demand.
Despite being listed on major platforms like OKX, BONE remains absent from Binance—a gap that many in the community see as an oversight given the token’s growing influence.
Bonecrusher Launch Fuels Shibarium Activity
The timing of Lucie’s appeal is no coincidence. Just days before her call to action, K9 Finance launched Bonecrusher, a liquid staking and derivative (LSD) platform built specifically for BONE holders on Shibarium.
Launched on September 18, Bonecrusher allows users to stake their BONE tokens and receive knBONE, a liquid staking derivative that retains staking rewards while remaining tradable and usable across DeFi protocols.
Within just 48 hours:
- Over 2.5 million BONE tokens were staked
- Users deposited $1.5 million worth of assets
- 50% of KNINE’s circulating supply was locked for an average of 10 months
- Daily transactions on Shibarium surged by 82%
Buzz, the pseudonymous founder of K9 Finance, shared these metrics proudly:
“The Shibarium daily transactions are up 82% since Bonecrusher launched. In 2 days K9 has not only become the largest product by TVL on Shibarium, but the TVL of the chain is en route to 3x.”
This explosive growth underscores a shift in user behavior—holders are no longer just speculating on price; they’re actively participating in network security and governance through staking.
The Strategic Importance of Liquid Staking on Shibarium
Liquid staking represents a pivotal advancement for any blockchain ecosystem. By allowing users to earn staking rewards without locking up liquidity, it enhances capital efficiency and encourages deeper engagement.
For Shibarium, this innovation comes at a crucial time:
- It strengthens network security through increased token staking
- Boosts on-chain activity and transaction volume
- Attracts DeFi developers looking to build on a growing, incentivized chain
- Positions Shibarium as a competitive player among Ethereum Layer-2 solutions
With Bonecrusher now leading in TVL, other protocols may follow suit, creating a flywheel effect where increased utility drives demand for BONE—which in turn increases its value and appeal to centralized exchanges like Binance.
👉 Explore how liquid staking is transforming yield opportunities across Layer-2 ecosystems.
Core Keywords Driving Visibility
To align with search intent and improve discoverability, the following core keywords have been naturally integrated throughout this article:
- Shiba Inu
- BONE token
- Binance listing
- Shibarium
- liquid staking
- K9 Finance
- DeFi on Ethereum Layer-2
- Bonecrusher
These terms reflect high-interest topics among crypto investors and researchers actively tracking ecosystem developments, exchange listings, and yield-generating innovations.
Frequently Asked Questions (FAQ)
Q: What is the BONE token used for?
A: BONE is the governance and utility token of the Shiba Inu ecosystem. It’s used to pay gas fees on Shibarium, participate in decentralized governance via ShibaSwap, and engage in staking and DeFi activities.
Q: Why isn’t BONE listed on Binance yet?
A: While Binance hasn’t officially commented, listing decisions typically involve evaluations of trading volume, community demand, security audits, and regulatory considerations. Despite strong fundamentals, BONE may still be under review.
Q: What is Bonecrusher and how does it work?
A: Bonecrusher is a liquid staking platform by K9 Finance that allows users to stake BONE tokens and receive knBONE—a tradable token that represents staked assets and accrues yield over time.
Q: How does liquid staking benefit Shibarium?
A: It increases network security by incentivizing long-term token holding, boosts transaction volume, improves capital efficiency, and attracts more DeFi projects to build on the chain.
Q: Can I stake BONE outside of Bonecrusher?
A: Yes, but Bonecrusher is currently the most prominent liquid staking solution offering yield-bearing derivatives. Other staking options may offer fixed rewards but without liquidity.
Q: Is there a limit to how many BONE tokens can be created?
A: Yes. The total supply of BONE is capped at 250 million tokens, contributing to its scarcity and potential long-term value appreciation.
Final Thoughts: A Growing Ecosystem with Real Utility
The Shiba Inu project has evolved far beyond its meme coin origins. With Shibarium providing a scalable infrastructure layer and innovations like Bonecrusher unlocking new financial primitives, the ecosystem now supports real use cases in governance, staking, and decentralized finance.
Lucie’s call for a Binance listing isn’t just community hype—it’s backed by measurable growth in adoption, transaction volume, and developer activity. As more users stake BONE and engage with DeFi on Shibarium, the case for broader exchange support becomes stronger.
For investors and participants alike, the message is clear: Shiba Inu’s future lies not just in branding or community power, but in building sustainable utility that drives long-term value.
👉 Stay ahead of the next wave of Layer-2 innovations and token listings shaping the future of DeFi.