# Oct. 23 Data Put Shiba Inu Market Cap at $2.91B, Shibarium TVL at $46,364 By Enna Lee Canonical URL: https://www.tokenpost.com/news/investing/39942 Published: 2026-10-24T12:07:33.000Z Updated: 2026-10-24T12:07:33.000Z Section: Investing > The Oct. 23 market-cap figure was below $3.02 billion on Oct. 16. Shibarium’s TVL counts assets in tracked decentralized finance protocols. Shiba Inu (SHIB) had a market capitalization of $2.91 billion in the Oct. 23 UTC-dated record, while protocols tracked on Shibarium held $46,364 in total value locked (TVL). The figures cover different parts of the ecosystem. SHIB’s market capitalization reflects the token’s market value, while TVL measures assets in decentralized finance (DeFi) applications tracked on Shibarium. It does not represent the network’s valuation or all assets and activity on the network. The Oct. 23 market-cap figure was below [the Oct. 16 reading](), which was $3.02 billion, up from $2.99 billion on Oct. 15. Shibarium is an Ethereum Layer 2 network with chain ID 109. BONE is its currency and native gas token. ## Links in this article - [the Oct. 16 reading](https://www.tokenpost.com/news/investing/33654)