ShadeX is Shade Protocol's encrypted lending and borrowing market on Secret Network, aimed at privacy-minded DeFi users in the Cosmos ecosystem.
Secret
Ecosystem guide
The Secret ecosystem
The best dApps on Secret by sector: DeFi, games, NFTs and more. 8 projects tracked, 8 reviewed in full.
Full Secret ranking →- dApps
- 8
- Reviewed
- 8
- TVL tracked
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- Native token
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Secret, also called Secret Network, is a proof-of-stake blockchain built on the Cosmos SDK. Its main feature is smart contracts that keep their data encrypted. Validators run these contracts in trusted execution environments, which lets the network compute on data without exposing it publicly. It is not an EVM chain: contracts are written in Rust, and the network talks to other chains through Cosmos interoperability tools.
The native token is SCRT. People use it to pay transaction fees and to stake with validators who secure the network. We do not have a current figure for the chain's DeFi TVL or the token price, so check a live source before you make any decision.
The dApp ecosystem here is known for privacy-focused finance. Shade Protocol supplies several of the best-known apps, including the lending market ShadeX, the SILK stablecoin lending app ShadeLend and the liquid staking token stkd-SCRT. SiennaSwap is a private-minded exchange, and SiennaLend is a lending protocol that says it supports private lending. We list 8 dApps on Secret, so the ecosystem is small and worth researching carefully before you use any app.
Secret ecosystem in numbers
- Tracked
- 8
- Reviewed
- 8
- Total TVL
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- Avg. score
- 5.4/10
Highest rated
- 1
ShadeX5.8
- 2
SiennaSwap5.6
- 3
Shade Protocol5.5
- 4
ShadeLend5.0
- 5
stkd-SCRT5.0
Reviewed
Top-rated dApps on Secret
SiennaSwap is a privacy-focused decentralized exchange on Secret Network for swapping tokens without public trade visibility.
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Shade Protocol is a privacy-focused DeFi suite on Secret Network offering swaps, borrowing, bridging, derivatives and the Silk stablecoin.
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A Secret Network lending protocol where users mint SILK stablecoin against crypto collateral, aimed at privacy-minded DeFi users.
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Liquid staking token for SCRT on Secret Network, built by Shade Protocol for holders who want staking exposure while keeping a tradable token.
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SiennaLend is a lending protocol on Secret Network that says it offers private lending, including for Bitcoin and Monero.
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By sector
Best Secret dApps by sector
DeFi on Secret8
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Tokens
Top tokens on Secret
The largest tokens with a contract on Secret, by market cap.
| # | Token | Price | 24h | 7d | Market cap | Volume 24h |
|---|---|---|---|---|---|---|
| 83 |  InjectiveINJ | $8.15 | −2.5% | +10.9% | $815M | $170M |
| 456 |  AxelarAXL | $0.0379 | −8.2% | −12.6% | $47.5M | $3.52M |
| 1893 |  AgoricBLD | $0.005350 | +1.0% | −0.1% | $3.71M | $15.4K |
| 2089 |  SecretSCRT | $0.004045 | −32.8% | −36.3% | $2.80M | $265K |
| 3876 |  JUNOJUNO | $0.005989 | −7.4% | −15.4% | $476K | $3.10K |
| 4268 |  Shade ProtocolSHD | $0.0646 | — | −20.8% | $348K | — |
Guides
Secret guides
dApp basics
Exploring a Connected Metaverse with Secretum: A 2026 GuideA connected metaverse lets one identity, wallet and set of assets carry across several virtual spaces. This guide explains how that works, what to check before you connect to Secretum or any similar project, and how to explore with less risk.
dApp basics
Secretum and Data Protection for Solana Messaging and TradingSecretum is positioned as a way to protect data in Solana messaging and trading. This guide explains the privacy problem on public blockchains, how privacy tools on Solana work at a high level, and how to judge any such tool before you rely on it.
dApp basics
Secretum on Solana: What the Claims Mean and How to Check ThemPublic reporting gathered for this topic do not confirm Secretum or any market impact, so this guide explains how to test claims about a Solana messenger and what privacy and security limits to expect.
dApp basics
Secretum on Solana: What the Encrypted Messaging and Trading App WasSecretum was a 2021 messaging and peer-to-peer trading app built on the Solana blockchain. This guide explains what it offered, what the launch coverage reported, and how to check whether a project like it is still active and safe to use.
dApp basics
Secretum on Solana: What the Messaging dApp Was and IsSecretum was a 2021-era encrypted messaging and OTC trading app built on Solana. This guide explains what it aimed to do, what the coverage from its launch period does and does not tell you, and how to check any Solana messaging dApp before you trust it with a wallet or funds.
dApp basics
Secretum vs Big Messenger Apps: What Privacy Challengers Really OfferSecretum is positioning itself as a privacy-first alternative to the largest messaging apps. This guide explains what a challenger like that has to prove, how the established apps protect chats today, and how to test any newcomer's claims before trusting it with private conversations.
Secret FAQs
What is Secret Network?
Secret Network is a Cosmos-based blockchain whose smart contracts, called secret contracts, work on encrypted data. Inputs, outputs and contract state can stay hidden from the public, unlike most chains where everything is visible.
What is SCRT used for?
Its native token is SCRT. It is used to pay transaction fees and to stake with validators that secure the network. Fees are paid per transaction, and you should check the current fee in your wallet before you confirm.
Is Secret an EVM chain?
No. Secret is built on the Cosmos SDK and uses Tendermint-style proof-of-stake consensus, and its secret contracts are written in Rust. It connects to other chains through Cosmos interoperability tools rather than being an EVM chain itself.
How does Secret keep data private?
The validators run the contracts inside trusted execution environments, which are protected areas of the hardware. The data is decrypted only inside those areas, so the validators can compute on it without seeing it. This design depends on the hardware's security, so it carries its own risks.
Which dApps are on Secret?
Our list includes lending apps such as ShadeX, ShadeLend and SiennaLend, the exchange SiennaSwap, and the liquid staking token stkd-SCRT. Many come from Shade Protocol or Sienna, and each page shows what the app does and how we scored it.
Are private DeFi apps on Secret risk-free?
No. Privacy features do not remove smart contract bugs, market swings or liquidation risk in lending. Read each app's documentation, start with small amounts, and only use money you can afford to lose. Nothing here is financial advice.
Which dApp on Secret has the highest DappsAtlas score?
ShadeX has the highest score at 5.8/10, ahead of SiennaSwap (5.6) and Shade Protocol (5.5). Scores weigh security, ease of use, fees and features, and are based only on facts we could verify.
How many dApps are on Secret?
DappsAtlas tracks 8 dApps on Secret. Of these, 8 have a full review.
What are the most common types of dApps on Secret?
What is the average score for dApps on Secret?
The 5 rated dApps on Secret average 5.4 out of 10. Of these, 0 score 8 or higher and 0 score below 5.