What Does SHFT Refer To?
In public information, SHFT primarily corresponds to the native token of Shyft Network. This name may also overlap with a few projects with the same or similar names; if different contract addresses, official websites, or communities are observed, they should be verified as independent projects and not assumed to be the same asset merely because the ticker is identical.
What Does the Project Do?
Shyft Network is a public blockchain protocol, publicly positioned to embed trust and validation into data within public and private ecosystems, and to bridge isolated datasets, providing context to raw data. The project team previously proposed Veriscope, a compliance framework for Virtual Asset Service Providers (VASPs), to help exchanges, non-custodial wallets, brokers, and others handle data exchange and compliance requirements related to FATF Travel Rule.
- Public information indicates that Shyft Network was founded in Bridgetown, Barbados, in 2017.
- The project's directions include data trustworthiness, DeFi compliance tools, and identity solutions.
- It previously collaborated with the Government of Bermuda to advance the national blockchain identity marketplace project, Perseid, where SHFT was described as the medium of exchange in the identity and data services ecosystem.
Token and Historical Milestones
SHFT is described as Shyft Network's native Layer-1 token, and also exists as an ERC-20 token on Ethereum. Public records show that the token completed its initial decentralized offering on March 26, 2021, and reached an all-time high of approximately $6.34 to $6.40 the following day; the lowest price recorded in public data is approximately $0.0002021.
Current Scale and Trading Activity
Public market data shows that around early November 2026, the SHFT price was approximately $0.00021, with a market capitalization of about $490,000 to $500,000, a circulating supply of approximately 2.33 billion to 2.34 billion, and a maximum supply of approximately 2.52 billion. Roughly converting by price and circulating supply, the market cap range is largely consistent.
During the same period, the 24-hour trading volume was approximately $15 to $183. For a small-cap token, such trading volume indicates very shallow order book depth and poor price continuity. The trading market for this token has almost dried up, lacking effective transactions.
Regarding Trading and Selling
The question of trading and selling in the title cannot be answered with a reliable list of channels given the current data: public market data only reflects extremely low trading volume, and different data sources may have inconsistent definitions for liquidity and coverage. A more prudent assessment is to consider it a low-liquidity, low-attention historical project token, rather than assuming there is a stable entry point for buying and selling.
Key Risk Factors
- Small market capitalization and thin trading volume mean that even small buy or sell orders can cause significant price fluctuations.
- The project's positioning leans towards compliance and identity infrastructure, and its progress depends on the regulatory environment, partners, and ecosystem adoption, with public information potentially lagging.
- There is a risk of confusion with projects of the same or similar names; verification of official websites, contract addresses, communities, and project disclosures is necessary.
