SHX
WHITE PAPER v1.0

Shulevitz Exchange

The Institutional-Grade Non-Custodial DEX

A next-generation decentralized exchange aggregator on Solana, combining institutional-grade infrastructure with AI-native trading capabilities and a loyalty-driven token economy.

Blockchain
Solana
400ms finality
Swap Engine
Jupiter
Ultra routing
LP Pool
SHX/USDC on Raydium
Platform Fee
0.50-0.65%
Tier-based

Executive Summary

Shulevitz Exchange (SHX) is a non-custodial decentralized exchange aggregator built on the Solana blockchain. Unlike traditional CEXs that custody user funds, SHX operates as a pure software interface that routes trades through Jupiter's aggregation engine — ensuring users always maintain full ownership of their assets.

The Shulevitz token serves as the platform's utility token, providing holders with tiered fee discounts, leaderboard rewards, and future governance rights. By holding more SHX, traders unlock progressively lower fees — creating a natural demand flywheel that aligns incentives between the platform and its users.

Key differentiators:

  • Zero counterparty risk — fully non-custodial architecture
  • AI-native Agent API for autonomous trading systems
  • Integrated fiat on-ramp (MoonPay, Stripe) for seamless onboarding
  • Progressive fee tiers that reward loyalty
  • Institutional-grade pro trading terminal

Problem Statement

The current DEX landscape suffers from several critical issues:

No Loyalty Incentives

Existing DEXs treat all users identically regardless of volume or loyalty. Active traders get no benefit over casual users.

Onboarding Friction

New users must navigate complex wallet setups and bridge assets from centralized exchanges before trading.

No AI Infrastructure

Autonomous trading agents have no native DeFi infrastructure — they must cobble together fragmented APIs.

Fragmented Experience

Users must switch between multiple platforms for charting, swapping, analytics, and portfolio tracking.

The SHX Solution

SHX addresses each problem with a comprehensive, integrated platform:

Fee Tiers

Hold Shulevitz tokens to unlock lower trading fees — from 0.65% down to 0.50% for Diamond holders.

Fiat On-Ramp

Buy crypto directly with Apple Pay, Google Pay, and credit cards via embedded MoonPay and Stripe widgets.

Agent API

RESTful API endpoints for autonomous trading agents to swap, quote, and manage positions programmatically.

Pro Terminal

Institutional-grade trading interface with live charts, order book depth, real-time market data, and Jupiter Ultra routing.

Tokenomics

Token Name
Shulevitz
Ticker: SHX
Blockchain
Solana
SPL Token Standard
Pool Liquidity
SHX/USDC
Token Price
Live
24h Volume
DexScreener
Fully Diluted Value
Market cap

Mint Address:

336xqC8BDQ4MBKyDBye2qtMhRvDKu3ccr5R5bnMbaU4Q

Liquidity Pool ID (Raydium):

65aXZcQAdqqHnbrABPnnSH8eTGXszLBk4UXRZqpceDAE

Current Liquidity: Loading... in the SHX/USDC pool on Raydium. This provides a solid foundation for price discovery and trading. Additional LP is being provisioned to deepen liquidity ahead of major exchange partnerships.

Token Utility

Fee Tier Discounts

Hold SHX to unlock progressively lower trading fees — from 0.65% at Base to 0.50% at Diamond tier.

Zero-Fee SHX Purchases

Buying SHX on the platform incurs a 0% platform fee, encouraging token acquisition.

Leaderboard & Rewards

Top traders earn weekly XP rewards. $500 weekly reward pool distributed to top 10.

Referral Revenue Share

Earn a percentage of fees from referred traders.

Governance (Upcoming)Coming Soon

Shulevitz holders will vote on fee structures, reward pool sizes, and platform features.

Revenue Sharing (Upcoming)Coming Soon

Diamond tier holders will receive a share of platform trading fees.

Staking Rewards (Upcoming)Coming Soon

Lock Shulevitz tokens to earn yield from platform revenue.

Fee Tier System

The SHX fee tier system rewards loyal token holders with progressively lower trading fees:

TierMin SHXFee RateSavings
Base00.65%
Silver 🥈10,0000.60%7.7%
Gold 🥇50,0000.55%15.4%
Platinum 💎100,0000.52%20.0%
Diamond 👑500,0000.50%23.1%

Revenue Model

Trading Fees

70%

0.50–0.65% per swap routed through Jupiter Ultra. Primary revenue source.

Fiat On-Ramp Commission

15%

Revenue share with MoonPay and Stripe on fiat-to-crypto purchases.

Agent API Fees

10%

Usage-based pricing for institutional and bot trading via the REST API.

Premium Analytics

5%

Subscription tier for advanced charting, alerts, and portfolio analytics.

Expected Volume Projections

Conservative-to-moderate projections based on comparable Solana DEX aggregator growth trajectories (Birdeye, Photon, BullX):

Swap Volume (Jupiter-Routed)

PeriodDaily VolumeMonthly Revenue
Month 1–3$50K – $200K$9.75K – $39K
Month 4–6$200K – $1M$39K – $195K
Month 7–12$1M – $5M$195K – $975K
Year 2$5M – $20M$975K – $3.9M

Revenue calculated at blended 0.65% fee rate × 30 days.

Fiat On-Ramp (MoonPay / Stripe)

PeriodMonthly VolumeEst. Commission
Month 1–3$10K – $50K$100 – $500
Month 4–6$50K – $250K$500 – $2.5K
Month 7–12$250K – $1M$2.5K – $10K
Year 2$1M – $5M$10K – $50K

Commission at ~1% revenue share with provider.

Commerce / Agent API

PeriodMonthly VolumeEst. Revenue
Month 1–3$5K – $25K$25 – $163
Month 4–6$25K – $100K$163 – $650
Month 7–12$100K – $500K$650 – $3.25K
Year 2$500K – $2M$3.25K – $13K

Revenue at 0.65% platform fee on API-routed swaps.

Year 2 Combined Revenue Potential

Swaps
$975K–$3.9M
Annual
Ramps
$120K–$600K
Annual
API
$39K–$156K
Annual

Total Year 2 projected revenue: $1.1M – $4.7M

Roadmap

Q1 2026

Platform Foundation

  • Core DEX aggregator launch via Jupiter
  • Shulevitz token creation and Raydium LP
  • Fee tier system implementation
  • Leaderboard and XP rewards
  • Firebase real-time analytics
Q2 2026

Institutional Infrastructure

  • Pro trading terminal with live charts
  • Fiat on-ramp (MoonPay + Stripe integration)
  • Progressive Web App (PWA)
  • Agent REST API for bot trading
  • Referral program launch
Q3 2026

Advanced Trading

  • Limit orders via Jupiter DCA
  • Advanced portfolio analytics
  • Mobile-optimized trading experience
  • Multi-token charting with TradingView
  • Institutional partnership program
Q4 2026

Governance & Revenue Sharing

  • On-chain governance voting for Shulevitz holders
  • Revenue sharing for Diamond tier
  • SHX staking program
  • Advanced API v2 with WebSocket feeds
  • CEX listing campaigns
2027

Ecosystem Expansion

  • Cross-chain expansion (Base, Arbitrum)
  • White-label DEX infrastructure
  • Institutional custody API partnerships
  • Advanced DeFi strategies (auto-compounding, vaults)
  • Mobile native apps (iOS / Android)

Team

Yeshaya Shulevitz

Founder & CEO

Visionary behind the SHX platform. Presented at a crypto Y Combinator-style accelerator with strong investor interest from institutional players. Focused on the intersection of DeFi, AI, and institutional trading.

Gabriel Shagas

CTO / Tech Overlord

Lead architect and core developer of the SHX platform. Specializing in high-performance Solana infrastructure, robust smart contract integrations, and AI-native trading capabilities.

Legal Disclaimer

This white paper is for informational purposes only and does not constitute financial, investment, legal, or tax advice. The Shulevitz token is a utility token and is not intended to be a security, commodity, or any other form of regulated financial instrument. Cryptocurrency trading involves substantial risk of loss. Past performance is not indicative of future results. Projections and forward-looking statements are estimates based on current market conditions and comparable protocols — actual results may differ materially. SHX Exchange does not guarantee any returns on investment. Users should conduct their own research and consult with qualified financial advisors before making any investment decisions. The regulatory landscape for digital assets is evolving — users are responsible for compliance with local laws.