Shiba Inu Community Warned of TREAT Token Confusion
The Shiba Inu ecosystem urged users to verify contract addresses as over 366 tokens share the same ticker symbol.
Updated on Sept. 26, 2026 in Investing
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The Shiba Inu community has issued a warning regarding numerous tokens on the Ethereum network using the TREAT ticker. Investors are encouraged to verify specific contract addresses, as hundreds of tokens currently utilize the same ticker name.
Why it matters
The existence of over 366 tokens with the TREAT name poses a significant risk of confusion for users. The community issued the warning to prevent investors from accidentally interacting with unauthorized tokens instead of the official Shiba Inu ecosystem asset.
There are currently 366 tokens on the Ethereum network utilizing the TREAT ticker. An older token sharing this ticker name was originally created on January 13, 2023.
The players
Shiba Inu
Shiba Inu is a decentralized cryptocurrency ecosystem that operates across multiple blockchain networks.
Shibarium
Shibarium is a blockchain network developed to support the Shiba Inu ecosystem, operating under chain identifier 109.
The details
While the official TREAT token exists on Ethereum and the Shibarium network, the abundance of similarly named assets has created security risks. Users are advised to cross-reference contract addresses rather than relying on ticker symbols to ensure they are engaging with the correct ecosystem asset.
Timeline
January 13, 2023: An early Ethereum token using the TREAT name was created.
Week of September 26, 2026: The x402 payment standard was deployed on the Shibarium network.
Market Dynamics
The implementation of the x402 payment standard on Shibarium highlights a shift toward standardized cross-chain transaction protocols. This development positions the network to better integrate with Ethereum, Base, and Polygon through shared canonical addresses.
Investors must manually verify contract addresses before executing transactions to avoid buying unauthorized TREAT tokens. Using the official address prevents the loss of assets resulting from the common industry practice of creating duplicate ticker names.
The takeaway
Token tickers are not unique identifiers and should never be the sole metric used to verify an asset. Investors should always conduct due diligence by checking contract addresses against official project documentation.
Further reading
Learn more about securing your portfolio by visiting our Investing section.
Source note: This article includes information reported by U.
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