Shadow Exchange, a prominent DeFi protocol within the Sonic ecosystem, announced a significant milestone for its $x33 token in Epoch 39, with the annual percentage rate (APR) soaring to 138.52%. This marks the first time in 22 epochs that the APR has surpassed 100%. Additionally, the voting incentive yield reached a record 135.81%. The $x33 token ratio increased by 0.0525, the third-highest in the protocol's history, bringing the current ratio to 2.0273. Total fees collected during this period amounted to $346,816, while exit rebases totaled $6,921. Shadow Exchange's innovative x(3,3) model, featuring the native $SHADOW token, governance $xSHADOW token, and liquidity $x33 token, offers fee rebates and automatic compounding benefits to $x33 holders, enhancing the token's attractiveness and encouraging arbitrage activity.