Binance-Peg SHIB is a wrapped representation of Shiba Inu (SHIB), the meme-based community project originally launched on Ethereum on July 31, 2020 . The sections below cover the most significant developments around the project.
Get Caught Up
Year-End Letter to the Shib Army and the SOU Repayment System. In a year-end letter published December 29, 2025, the project addressed the community following what it described as the "hardest period" in Shiba Inu's history, citing a recent hack and the departure of former leadership without accountability 23. The author confirmed cooperation with three federal agents regarding the incident and stated that technical recovery is largely complete, including hardened safeguards for the Plasma Bridge and migration of over 100 critical contracts to hardware custody 23. The focus has now shifted to making affected users whole through SOU (Shib Owes You), an on-chain, verifiable NFT representing the exact amount owed to each affected user, tracking principal balances, payouts, and community donations 23. This matters because it establishes a formal, transparent repayment mechanism and signals a strategic pivot toward revenue generation, including the sunsetting of non-revenue-generating projects 23.
LBank Advent Calendar Collaboration with the SHIB Community. LBank launched its Advent Calendar Christmas 2025 campaign, running from December 15, 2025, to January 3, 2026, featuring collaborations with BlackFort, MEW, LC, and the SHIB community 45. LC SHIB, a Solana meme token linked to the SHIB community, is promoting its zero-tax structure and powering the DegenSafe launchpad through joint events 45. This matters as a community-engagement and visibility initiative that extends the SHIB brand into cross-chain promotional activity, though it is a marketing collaboration rather than a core protocol development 45.
TREAT Token Launch on Ethereum. The TREAT token went live on Ethereum on January 14, 2025, following an earlier announcement that it would launch within January 2025 67. TREAT is an ecosystem token intended to power governance of the Innovation Branch of the Network State and to be used for rewards and engagement incentives 6. This matters because it expands the Shiba Inu ecosystem beyond the original SHIB token, adding a governance and utility layer, though its impact is assessed as medium 67.
Biggest Stories of 2025
LBank Advent Calendar campaign with SHIB community collaboration — LBank ran a Christmas 2025 campaign from December 15, 2025, to January 3, 2026, partnering with BlackFort, MEW, LC, and the SHIB community on giveaways and social activations 45. (December 30–31, 2025)
Year-end letter to the Shib Army — The project acknowledged a hack and leadership departures, confirmed cooperation with federal agents, and introduced the SOU NFT-based repayment system alongside a pivot to revenue-generating projects 23. (December 29, 2025)
TREAT token goes live on Ethereum — The ecosystem token launched, intended to power governance of the Innovation Branch of the Network State and provide rewards and engagement incentives 7. (January 14, 2025)
TREAT token launch announced — The Shiba Inu team announced the scheduled launch of TREAT within January 2025 6. (January 2, 2025)
Note: No developments specific to Binance-Peg SHIB were identified within the past 7 days or the past 30 days. The most recent project-specific items date to late December 2025, and are reflected in the sections above.