PEPE to SHIB: Swap Pepe for Shiba Inu on Ethereum
To swap PEPE to SHIB, enter the PEPE amount, paste the Ethereum address that should receive the SHIB and the address you send from, then send the PEPE to the one-time deposit address on Ethereum mainnet. There is no account or ID, and the SHIB is paid as an ERC-20 token on Ethereum, not on Shibarium.
- Within minutes
- No account · No KYC
- Paid to your wallet
- Fees included in quote
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Data by CoinGecko
PEPE to SHIB Exchange Rate
The 1 Pepe to SHIBA INU reference rate at market prices, before fees.
PEPE to SHIB swap at a glance
Send PEPE from MetaMask, Rabby or a Ledger.
- Send PEPEAbout 2–5 minutes to confirm on Ethereum
- GhostSwap swaps itAt the floating rate, fees already in the quote
- Receive SHIBSent to your address; Ethereum confirms in about 2–5 minutes
How much SHIB do you get for PEPE?
GhostSwap quotes at 10 Nov 2026, 16:54 UTC, after the service fee and the cost of sending the SHIB to your wallet.
25,000,000PEPE100,000,000PEPE500,000,000PEPEThe rate floats with the market until your PEPE deposit confirms.
Why PEPE holders rotate into SHIB
PEPE appeared in April 2023 as a frog-meme token with no roadmap attached. Shiba Inu dates from 2020 and has grown a wider set of projects around it, including Shibarium, its own layer-2, and the BONE and LEASH tokens. Some holders move from PEPE into SHIB because they prefer the older token, or want to take part in that wider Shiba Inu world later.
Both are ERC-20 tokens on Ethereum, so the swap never leaves the chain. The wallet that sends your PEPE can also receive the SHIB, and no bridge is involved.
Both tokens are volatile meme coins. Swapping one for the other changes which token you hold; it does not make the position calmer.
Check that your PEPE is the real token
Many copycat tokens on Ethereum use the name PEPE, and some carry extra words such as 2.0. Wallets often show them with the same frog logo. Only the original PEPE token is accepted for this pair; anything else sent to the deposit address is a different asset.
The simplest check is on Etherscan. Open the PEPE token page from the explorer's own search, confirm it is the large, long-established PEPE listing, and compare that token with the one in your wallet before you send. If your wallet shows two PEPE balances, find out which is which first.
Airdropped tokens with PEPE in the name, sent to you without asking, are a common trap. Leave them alone. They are not part of your swap and interacting with them can cost gas for nothing.
SHIB lands on Ethereum, not Shibarium
What you receive is ERC-20 SHIB on Ethereum mainnet. Shibarium is the Shiba Inu layer-2, where BONE pays the fees, and this pair does not pay out there. If your wallet is switched to Shibarium, the new SHIB will not show until you switch back to Ethereum.
The payout is SHIB alone, not BONE or LEASH. If your wallet hides new tokens, add SHIB from the Shiba Inu token page on Etherscan so you pick the right one.
Want the SHIB on Shibarium after all? Receive it on Ethereum first, then bridge it yourself. That bridge transfer is paid in ETH gas, so keep some ETH in the wallet. The payout address itself is a normal 0x address of 40 hexadecimal characters from MetaMask, Rabby or a Ledger.
PEPE and SHIB compared for this swap
| PEPE (you send) | SHIB (you receive) | |
|---|---|---|
| Launched | April 2023 | 2020 |
| Theme | Pepe the Frog meme | Shiba Inu dog |
| Standard | ERC-20 on Ethereum | ERC-20 on Ethereum |
| Related network | None used here | Shibarium (not used for this payout) |
| Gas paid in | ETH | ETH |
| Confirmation | About 2 to 5 minutes | About 2 to 5 minutes |
| Explorer | Etherscan | Etherscan |
The chain rows are identical, so what can go wrong here is mostly about the token, not the network. Check the PEPE you send is the original, and look for the SHIB on Ethereum mainnet. Both balances run to very long numbers, so read the full figure in the exchange box rather than a shortened one in your wallet.
Gas is the one cost outside the quote
The exchange box shows the SHIB amount after fees before you send. The rate behind it comes from aggregated liquidity from leading crypto markets and floats until your PEPE deposit confirms.
What the box cannot include is the Ethereum gas for your own PEPE transfer. Your wallet pays that in ETH and shows it before you sign. Gas rises when the network is busy, so a quieter hour can make a small swap noticeably cheaper; the gas fee guide covers when to send.
Most swaps finish within minutes once the deposit confirms. Ethereum usually confirms the PEPE in about 2 to 5 minutes, and the SHIB payout takes a similar time on the same chain.
If the swap does not complete
If a swap cannot be completed, the coins are refunded to the sender address you entered. Put your own wallet's 0x address in that field so a returned PEPE comes straight back to you.
The status page shows each step under your swap ID, and Etherscan shows the PEPE leaving and the SHIB arriving. Most delays come from a slow gas price on the deposit, which the explorer will show as pending.
For anything else, write to support@ghostswap.io with the swap ID. To go from SHIB back to PEPE, use the reverse page.
Common mistakes
- Sending a copycat PEPE token that uses the same name and logo.
- Looking for the SHIB with the wallet switched to Shibarium instead of Ethereum.
- Typing a long PEPE amount by hand and dropping a zero.
- Spending the last ETH on something else, so the PEPE deposit has nothing to pay gas with.
- Adding BONE or LEASH when you meant to add SHIB to your wallet.
Going the other way? Swap SHIB to PEPE
Other ways to get SHIBA INU (SHIB)
More PEPE swaps
PEPE to SHIB Live Price Chart
PEPE/SHIB
Reference market prices, updated live
Convert Pepe to SHIBA INU
| PEPE | SHIB at market price |
|---|---|
| 5,800,000PEPE | 6,895,852.53SHIB |
| 10,000,000PEPE | 11,889,400.92SHIB |
| 25,000,000PEPE | 29,723,502.30SHIB |
| 50,000,000PEPE | 59,447,004.61SHIB |
| 100,000,000PEPE | 118,894,009.22SHIB |
| 250,000,000PEPE | 297,235,023.04SHIB |
| 1,000,000,000PEPE | 1,188,940,092.17SHIB |
| 2,500,000,000PEPE | 2,972,350,230.41SHIB |
At market prices of $0.0000051600 per PEPE and $0.0000043400 per SHIB (10 Nov 2026), 100,000,000 PEPE is worth about 118,894,009.22 SHIB.
Convert SHIBA INU to Pepe
| SHIB | PEPE at market price |
|---|---|
| 6,800,000SHIB | 5,719,379.84PEPE |
| 10,000,000SHIB | 8,410,852.71PEPE |
| 25,000,000SHIB | 21,027,131.78PEPE |
| 50,000,000SHIB | 42,054,263.57PEPE |
| 100,000,000SHIB | 84,108,527.13PEPE |
| 250,000,000SHIB | 210,271,317.83PEPE |
| 1,000,000,000SHIB | 841,085,271.32PEPE |
| 2,500,000,000SHIB | 2,102,713,178.29PEPE |
Going the other way, 100,000,000 SHIB is worth about 84,108,527.13 PEPE at the same prices.
How to Exchange Pepe to SHIBA INU
Select PEPE and SHIB
Pick PEPE in “You send” and SHIB in “You get”, then enter the amount.
Enter SHIBA INU Address
Paste the Ethereum address that should receive the SHIB. Sending SHIB to an address on another network can lose the coins. Then enter the Ethereum address you send PEPE from; a refund, if ever needed, goes there.
Send Pepe
Send exactly the amount shown from your own Ethereum wallet to the one-time deposit address. Keep a little ETH in that wallet for the network fee.
Receive SHIBA INU
Your SHIB arrives on Ethereum. Follow each step on the status page with your swap ID.