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ShuffleSHFLUncommon
66/100STRICT
Uncommon
#166market cap5 Jul 2026

Shuffle

SHFL
Gaming, adoption-led weightsMarket-cap rank 166, CoinGecko 23 Oct 2026
Fundamentals, not price
PillarRatingPosition on the 0 to 100 scaleWeightAdds
Sustainability72×0.1611.52
Transparency54×0.126.48
Revenue75×0.086.00
Innovation64×0.148.96
Community68×0.2617.68
Tokenomics63×0.2415.12
Weighted sum, weights total 1.0065.76Rounds to the published score66
Analysed
5 Jul 2026
Engine
v5.2.0
Computed
2026-07-05 04:19 UTC
Inputs hash
344634bb90f1

Pro opens Shuffle in full. Change, scenario, signal, risk factors, catalysts.

See plans

Research, not financial advice. Read the terms.

Pillar evidence

Input set 5 Jul 2026. 4 sources, 11 citations.
Each arc is one pillar rating, drawn to scale from 0 to 100.
Sustainability72

Can this project keep operating and funding itself for years?

Shuffle has a live gambling product, recurring token programs, and documented burn and lottery mechanics, but long-term runway and treasury detail are not publicly robust.12

Transparency54

Can outsiders see and check what the team and the protocol do?

Tokenomics pages disclose airdrop, burn, lottery, and contract mechanics, but leadership, treasury reporting, governance, and independent audit visibility remain limited.31

Revenue75

Does the protocol earn real fees or income from use?

SHFL has a direct revenue-linked model through NGR-funded burns and lottery allocation, though official burn history includes negative or modest weeks that temper the score.1

Innovation64

Is the technology being built and shipped, and does it matter?

The combination of casino wagering utility, on-chain burns, lottery rewards, and wager-to-vest airdrops is useful but not category-defining technology.41

Community68

Who uses, builds and holds it, and how durable is that base?

Airdrop 3 targets active users with weekly top-10000 leaderboards and CoinGecko shows thousands of watchlists, but durable public user metrics are limited.42

Tokenomics63

Do supply, issuance and unlocks protect holders from dilution?

Burns and lottery value accrual are real, but CoinGecko shows only 425.234M circulating against a 1B max supply and Airdrop 3 adds dilution through 2027.24

Sources

About Shuffle

Analysis of 5 Jul 2026

Shuffle (SHFL) is the Ethereum utility token for Shuffle.com, a crypto casino and sportsbook, and Shuffle.us, its US sweepstakes-style brand. As of July 5, 2026, CoinGecko shows about 425.234M SHFL circulating, a $112.8M market cap, $244.9M FDV, 1B max supply, and 76.7M tokens burned.

Full overviewShow less

The token is used for wagering, VIP benefits, airdrop incentives, weekly burns, and the SHFL lottery. Airdrop 3 began on March 7, 2026 and distributes 90M SHFL over 52 weeks, with 70M allocated through weekly leaderboards.

The project has real platform usage and stronger value-accrual mechanics than most gaming tokens, but supply overhang, offshore gambling exposure, and limited operator transparency keep the risk profile elevated.

Investment thesis

SHFL remains a revenue-linked GambleFi token with a live product, visible exchange liquidity, and recurring value-accrual mechanics. Official documentation says Shuffle allocates 30% of SHFL NGR to weekly burns and moved 15% of NGR to the lottery prize pool after the lottery launch, giving holders a clearer economic link than typical gaming tokens.

Full thesisShow less

CoinGecko also confirms a meaningful burn base, with 76.7M SHFL removed and 923.3M estimated total supply. The main constraint is dilution: only 42.5% of max supply is circulating and Airdrop 3 is still releasing tokens into March 2027.

Current evidence supports a fair, not excellent, STRICT profile: revenue and product traction are real, but recent burn records are variable, Shuffle.us is explicitly not real-money gambling, and public governance, audit, and leadership disclosures remain thin.

Strengths
  • Revenue-linked token design with weekly SHFL burns, a lottery prize pool, wagering utility, VIP perks, and a clearly documented ERC-20 contract.
  • Live product distribution across Shuffle.com and Shuffle.us, with the US brand operating as a sweepstakes platform rather than a real-money casino.
  • Current CoinGecko data shows meaningful market depth for a mid-cap gaming token, including about $969K in 24-hour volume and active Uniswap V3 trading.
  • Airdrop 3 uses wager-to-vest mechanics, weekly leaderboard criteria, and KYC-linked unlock benefits that reduce immediate free-claim dumping.
Risks
  • Only 425.234M of 1B SHFL is circulating, so the market still faces a large FDV gap and continuing Airdrop 3 emissions through March 2027.
  • Real-money gambling exposure depends on offshore licensing and jurisdiction restrictions, while Shuffle.us rules exclude many US states and disclaim real-money gambling.
  • Public transparency is limited because leadership, treasury reporting, governance processes, and independent audit detail are not prominent in official token materials.
  • Official burn records include negative-NGR weeks and modest 2026 burns, so the revenue-backed narrative is less smooth than headline tokenomics imply.
  • Trading volume is concentrated across Uniswap V3, XT.COM, and CoinUp.io rather than broad tier-1 exchange access.
Competitive position

Shuffle sits in the GambleFi and crypto casino niche below large incumbent brands but above most tokenized gaming experiments.

Full positionShow less

Its strongest differentiation is economic: SHFL combines wagering utility, VIP benefits, airdrops, burns, and a lottery rather than relying only on governance.

CoinGecko shows a mid-cap profile near $113M market cap with active DEX and smaller CEX markets. The weaknesses are also clear: offshore gambling exposure, no broad tier-1 listing, limited public governance, and continued dilution during Airdrop 3.

Compared with casino brands that lack tokens, SHFL offers clearer on-chain value accrual; compared with regulated gambling businesses, it carries higher compliance and trust risk.

Conclusion

Shuffle has better token economics than most gaming assets because burns, lottery rewards, wagering utility, and airdrops are tied to a live gambling product. The July 2026 refresh supports an ACCUMULATE stance.

Full conclusionShow less

Circulating supply is only 42.5% of max supply, Airdrop 3 runs into March 2027, recent burn evidence is variable, and the regulatory profile remains complex. STRICT falls to 6.58 on current sector-weighted components.