Table of Contents
Synopsis
- Shardeum (SHM) is a scalable Layer-1 blockchain that uses dynamic state sharding to enhance network efficiency, decentralization, and transaction throughput, making it a noteworthy project in the evolving crypto ecosystem.
- This article explains how SHM works, highlights its core features, and provides a step-by-step guide on how to buy SHM on WazirX, including account setup, fund addition, and order placement.
- It also outlines why WazirX can be considered for purchasing SHM and discusses important factors investors should evaluate before buying, including market risks and volatility.
What is Shardeum (SHM)?
Shardeum is a Layer-1 EVM compatible blockchain built to address one of the biggest challenges in crypto, that is, achieving scalability without compromising decentralization or security.
It uses dynamic state sharding, a technique that splits the network at the protocol level so transaction processing capacity can increase as more validator nodes join.
Unlike traditional blockchains that depend on larger block sizes or Layer-2 solutions to handle higher demand, Shardeum is designed for linear scalability. This means network throughput can grow proportionally with the number of nodes, helping maintain low fees and faster confirmations even during periods of high activity.
Key Features of Shardeum (SHM)
- Shardeum uses dynamic state sharding to support linear scalability, enabling the network to increase throughput automatically as more nodes join.
- It is EVM compatible, allowing developers to seamlessly deploy Ethereum based smart contracts and use existing developer tools.
- The network is designed to maintain low and predictable transaction fees, even during periods of high demand.
- Shardeum operates through a decentralized validator network that encourages broad, permissionless participation.
- Its architecture is built to support long term mass adoption while maintaining security and decentralization.
Shardeum (SHM) Tokenomics (Feb 23, 2026)
| Metric | Value |
| Price | $0.00009430 |
| Market Cap | $824K |
| Circulating Supply | 8.70B SHM |
| Total Supply | 60.07B SHM |
| FDV | $5.69M |
| 24h Volume | $78K |
How Does Shardeum Work?
Shardeum uses dynamic state sharding to distribute the network’s workload across multiple shards. Each shard processes a portion of the transactions and smart contracts, reducing congestion and improving efficiency. As demand increases, additional nodes can join the network, automatically increasing overall capacity.
Because it is Ethereum Virtual Machine (EVM) compatible, developers can deploy Ethereum based smart contracts on Shardeum with minimal modifications. This lowers the barrier to entry for developers and enables existing Ethereum tools and applications to integrate more easily.
How To Buy Shardeum SHM on WazirX in 5 Easy Steps
The easiest way to buy SHM is to deposit INR into your WazirX wallet and trade using the available SHM pair.
Step 1 – Sign up on the WazirX platform.
To begin buying and selling SHM, you are required to create an account on the WazirX platform by signing up. You can also log in directly if you already have an account on the platform.
For your reference, here’s how you can open an account on WazirX.

Step 2 – Set up your account security by verifying your email address.
This step is about verifying your email address and mobile number. After you sign up on the WazirX platform, you’ll get a verification code on your registered email and mobile number. By verifying the code, you’ll get multiple options to ensure the security of your account – the authenticator app and mobile SMS.
Note: The authenticator app is a more secure way to stay safe when compared to mobile SMS because there’s a risk of delayed reception or SIM card hacking.

Step 3 – Complete the KYC process.
After choosing your country, you can proceed with completing the KYC process on WazirX.
Note: You must complete your KYC to be able to trade or withdraw funds on the WazirX app.
Step 4 – Add funds to your WazirX wallet.
To add funds, simply go to your account on the WazirX app or web. Click on “Funds” and then on “Deposit INR.”

You can deposit INR using any mode (IMPS/NEFT/ RTGS).
Step 5 – Finally, you can buy SHM on WazirX.
You can now easily purchase SHM tokens using INR Deposits.
After logging in to your WazirX account, you can choose INR from the “Exchange” tab. You can also check all the price charts, order book data, and an order input form on the right side of the screen.
Click “Buy” after entering the amount and checking the total INR amount to be paid.
Your order will be placed according to the price you have entered.
Why Buy Shardeum (SHM) on WazirX?
If you are looking to buy SHM quickly and efficiently, WazirX offers a straightforward trading experience built for speed, simplicity, and control.
- Fast Execution: Place market or limit orders and get seamless execution with deep liquidity across available trading pairs.
- WazirX ZERO: With WazirX ZERO, you can trade with zero trading fees, helping you optimize your trading costs.
- Simple INR Deposits: Easily add INR to your account and start trading in just a few steps. No complex processes, no unnecessary friction.
- Advanced Trading Options: Choose between market and limit orders based on your strategy and trade SHM your way.
- Secure Trading Environment: Multiple security layers, including KYC verification and account protection features, help safeguard your assets.
- Trade Anytime, Anywhere: Use the WazirX mobile app to monitor prices, place orders, and manage your SHM holdings on the go.
Whether you are entering the market for the first time or actively managing your portfolio, WazirX gives you the tools to buy and trade SHM with confidence and efficiency.
Things to Consider Before Buying SHM
- Market Volatility: Crypto prices can fluctuate significantly within short time frames. Be prepared for both upward and downward price movements.
- Understand the Project Fundamentals: Research Shardeum’s technology, use case, token utility, roadmap, ecosystem growth, and long term vision before making an investment decision.
- Evaluate Your Risk Tolerance: Assess your financial goals and determine how much risk you are comfortable taking. Crypto investments may not be suitable for everyone.
- Portfolio Diversification: Avoid allocating all your capital to a single asset. Diversifying across different assets can help reduce overall risk exposure.
- Invest Responsibly: Only invest funds that you can afford to hold over time. Avoid using money required for essential expenses or short term commitments.
- Stay Updated on Regulations and Market Trends: Keep track of regulatory developments, macroeconomic conditions, and broader crypto market trends that may impact SHM’s performance.
Careful planning and informed decision making are essential when investing in digital assets like SHM.
Final Thoughts
Shardeum is positioning itself as a scalable and decentralized Layer-1 blockchain with growing ecosystem development in 2026. For users interested in next generation blockchain infrastructure, SHM may be worth exploring as part of a diversified portfolio.
With a simple onboarding process and an intuitive trading interface, WazirX makes it easy to buy and manage SHM efficiently.
Frequently Asked Questions
You can buy SHM by just Rs 100 on WazirX. Shardeum is also a part of the Rapid Listing Initiative. You can read more about the Rapid Listing Initiative here.
The time required to buy SHM depends on the type of order placed. A market order is typically executed instantly at the current market price. A limit order will only execute when the market reaches the price you have specified, which may take longer depending on market conditions. Once executed, SHM is credited to your WazirX wallet immediately.
Yes, you can buy SHM/INR. Currently, only SHM/USDT is listed on WazirX and they are running the Highest Trader Kaun contest where 52.9 Million SHM Tokens are up for grabs. You can trade SHM/USDT and win from the prize pool.
As of 23rd Feb, the price of Shardeum(SHM) is approximately $0.00009430, with a 24 hour change of +0.74%.
Crypto prices fluctuate in real time based on market demand and supply. For the most accurate and updated SHM price, refer to the live SHM price page on WazirX.
The decision to buy Shardeum (SHM) depends on your investment goals and risk appetite. Do your own research and consider the risks before investing.
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