Key Takeaways

• Shiba Inu TREAT (TREAT) is a utility token inside the Shiba Inu ecosystem, not just a meme coin.
• Two versions exist: the "Treat" token and the "Shiba Inu TREAT" token, each with different supply and price.
• Current price (Oct2025) sits around $0.00107 with a market cap under $1million.
• Utility includes liquidity for the SHI stablecoin, rewards on ShibSwap, and upcoming Metaverse and card‑game incentives.
• Volatility is high; short‑term outlook is bearish, while long‑term projections are modestly positive.

Shiba Inu TREAT has become a buzzword among crypto fans who follow the broader Shiba Inu family. When you first see the ticker “TREAT” you might wonder if it’s another meme token or something with real purpose. Below we break down what the token actually is, how it works, where it trades, and what risks you should weigh before buying.

Shiba Inu TREAT is a cryptocurrency token built on Ethereum that serves specific roles within the Shiba Inu ecosystem. It was launched by Ryoshi, the anonymous founder of Shiba Inu, to complement the core tokens SHIB, LEASH, BONE, and the upcoming stablecoin SHI.

What is Shiba Inu TREAT (TREAT)?

In simple terms, TREAT is an ERC‑20 token that aims to provide liquidity for the SHI stablecoin and act as the reward currency on ShibSwap, the decentralized exchange (DEX) built for the Shiba Inu community. It also powers future rewards in the Shiba Inu Metaverse and the blockchain version of the Shiba Inu Collectible Card Game.

Two contracts currently exist on Ethereum:

• Contract A (0xa02C49Da76A085e4E1EE60A6b920dDbC8db599F4) - listed on platforms as "Shiba Inu TREAT" with a total supply of 10billion tokens.
• Contract B - listed as "Treat" with a total supply of 3.33billion tokens.

How does TREAT fit into the Shiba Inu ecosystem?

The Shiba Inu ecosystem is often described as a four‑layer stack:

1. Core meme token: SHIB provides brand recognition and community size.
2. Utility tokens: LEASH (store of value) and BONE (governance for ShibaSwap) enable DeFi functions.
3. Stablecoin: SHI is slated to be the ecosystem’s peg‑to‑USD token.
4. Infrastructure token: TREAT supplies liquidity for SHI and replaces BONE as the reward token on ShibSwap.

By anchoring the SHI stablecoin’s liquidity pool, TREAT becomes a critical piece of the ecosystem’s financial infrastructure. If SHI launches successfully, demand for TREAT could increase as traders need to provide or withdraw liquidity.

Technical specifications & token economics

Below is a side‑by‑side view of the two token versions currently circulating.

Both versions have a built‑in 0.5% transaction fee on most DEXs that support them. The fee is used to fund ecosystem initiatives and to burn a portion of the token, which creates a mild deflationary pressure.

Market performance & price history

From its launch until October2025, TREAT has shown classic meme‑coin volatility mixed with utility‑driven price spikes. The all‑time high hit $0.01717 on 15January2025, followed by a sharp dip to $0.01034 the next day - a 39% swing in 24hours.

Since then, the price has settled into a tighter range around $0.0010‑$0.0012. According to CoinMarketCap, the token’s 24‑hour price change is about +11.7% on days of heightened trading, while the 24‑hour volume hovers near $1million.

Analyst platforms such as 3commas recommend a “Sell” stance for the short term, projecting a modest average price of $0.00152 through 2025. Long‑term models from TradingBeasts and Wallet Investor suggest potential gains of up to 86% by 2030 if the broader Shiba ecosystem delivers on its roadmap.

Trading & liquidity considerations

Most of TREAT’s activity lives on decentralized exchanges - primarily Uniswap V3 and SushiSwap. Centralized exchanges have yet to list the token, which means new investors often need to bridge fiat via a larger exchange (e.g., Binance for ETH) and then swap for TREAT on a DEX.

Because liquidity pools are relatively shallow, large trades can cause noticeable price slippage. The 0.5% fee slightly cushions this effect, but you should still expect a few percent slippage on orders larger than $10,000.

Transaction confirmation times are generally under 15minutes on Ethereum’s mainnet, but during network congestion gas fees can spike, making small‑scale trades pricey. Some users add the token to “layer‑2” bridges (Arbitrum, Optimism) where fees are lower, but the contracts are not yet fully audited on those layers.

Future outlook & potential use cases

The token’s long‑term value is tightly bound to three upcoming milestones:

1. SHI stablecoin launch - TREAT will provide the bulk of the liquidity pool. Successful deployment would create ongoing demand for TREAT as users deposit and withdraw SHI.
2. ShibSwap reward shift - Replacing BONE with TREAT as the primary incentive could drive higher staking volumes on the DEX.
3. Metaverse & card‑game integration - Early prototypes promise TREAT‑based rewards for in‑game achievements and NFT purchases.

If any of these projects stall, the token could lose its utility edge and revert to pure speculation. Conversely, a smooth rollout could see modest but steady price appreciation, aligning with the 0.2% annual growth forecast from 3commas for 2025‑2026.

Risks and things to watch

Before you allocate capital, keep an eye on these red flags:

• High volatility: Price swings of 30‑40% within a single day are common.
• Limited exchange access: Mostly DEX‑only, which can deter institutional investors.
• Supply confusion: Two separate tokens with similar names lead to accidental purchases of the wrong contract.
• Regulatory uncertainty: Utility tokens can be re‑classified as securities depending on jurisdiction.
• Ecosystem dependency: TREAT’s fate rides on the success of SHI, ShibSwap, and the Metaverse project.

Monitoring community channels (Telegram, Discord) and development updates on GitHub provides early warnings of any roadmap delays.

Frequently Asked Questions