What is Shezmu (SHEZMU) crypto coin? Explained with real data and risks

Shezmu is a decentralized finance (DeFi) project built around a cryptocurrency called SHEZMU. It claims to be the first hybrid lending platform that lets you borrow money using both regular crypto tokens and NFTs as collateral. But behind the flashy names and Egyptian-themed branding - Guardians, Pharaohs, Bazaar - there’s little evidence it’s actually being used by real people.

How Shezmu works (in theory)

Shezmu isn’t just a coin. It’s a whole ecosystem with four parts:

• Oasis - where you borrow money by locking up your crypto or NFTs
• Agora - where you buy discounted Shezmu tokens (called bonding)
• Bazaar - a marketplace to buy and sell Guardian NFTs
• Nile - a swap tool to trade between different tokens

The core idea is simple: you burn SHEZMU tokens to get a Guardian NFT. That Guardian then earns you more SHEZMU every day - plus some USDC. The more Guardians you own, the more you earn. There are six tiers:

• Craftsman: 1 Guardian → 0.025 SHEZMU/day
• Scribe: 5 Guardians → 0.125 SHEZMU/day
• High Priest: 10 Guardians → 0.25 SHEZMU/day
• Nobles: 25 Guardians → 0.625 SHEZMU/day
• Viziers: 50 Guardians → 1.25 SHEZMU/day
• Pharaoh: 100 Guardians → 2.5 SHEZMU/day

There’s no lock-up. You can sell your Guardians anytime. That’s rare in DeFi and sounds good - until you realize nobody’s buying them.

Shezmu’s big problem: zero adoption

The numbers tell a different story than the website.

As of November 2025, Shezmu’s Total Value Locked (TVL) is $0. That means no one has deposited real money into the platform to borrow or earn. The 24-hour trading volume is either $0 or under $30 across exchanges. For comparison, even tiny DeFi projects with no real use case usually have at least $100,000 in TVL if they’re alive.

Market cap hovers around $120,000 - barely enough to buy a small apartment in some cities. The price fluctuates between $0.07 and $0.15 depending on which site you check. CoinMarketCap says $0.079. 3Commas says $0.082. Another source says $0.145. That kind of inconsistency means no real market exists. These are just bots or a handful of people moving the price around.

Is Shezmu a scam?

It’s not clearly a scam - no one’s disappeared with funds, and there’s an audit from Hashlock. But it’s also not a working project. It looks like a prototype that got stuck in development. The team has built a complex system with cross-chain support, NFT collateral, and a deflationary burn model. But none of it matters if no one uses it.

The Guardian system feels like a pyramid scheme dressed up as DeFi. You need to buy Guardians (with SHEZMU) to earn more SHEZMU. That’s classic circular economics. The only people making money are those who got in early and sold to newcomers. And since trading volume is near zero, there are no newcomers.

Even the price predictions are bleak. Analysts on 3Commas say SHEZMU will peak at $0.145 by the end of 2025, then slowly drop to $0.104 by 2030. That’s not growth - that’s a slow death. The project claims to be revolutionary, but the data says it’s fading.

What makes Shezmu different?

Technically, it’s interesting. Most DeFi platforms only accept ERC-20 tokens as collateral. Shezmu says it accepts ERC-20, ERC-721 (NFTs), and ERC-1155 (multi-token NFTs) all in one place. That’s technically advanced. But so are a dozen other projects that actually have users.

Shezmu also lets you batch-create Guardians to save on gas fees. That’s smart. It supports fiat on-ramps - meaning you could buy SHEZMU with a credit card. That’s rare in DeFi. But again - if no one’s using it, these features are just code on a server.

Should you buy Shezmu?

No - unless you’re willing to lose your money.

If you’re looking to invest, there are hundreds of DeFi projects with real usage, audited contracts, and growing TVL. Shezmu has none of that. Even if you believe in the idea, the market has already voted: it’s dead.

Some people might say, “What if it takes off?” But that’s not investing. That’s gambling with a 99% chance of losing. The price is already falling. The volume is gone. The community is silent.

And here’s the kicker: you need to burn SHEZMU tokens to buy a Guardian. That means you have to buy the coin first, then destroy it to earn more of the same coin. It’s a closed loop with no exit for new users.

Who is Shezmu for?

Right now? No one.

It’s not for investors. It’s not for traders. It’s not even for crypto enthusiasts looking for the next big thing. It’s for people who like Egyptian themes and want to believe in a project that looks cool on paper.

If you’re curious, you can still visit the website. You can see the dashboard. You can even connect your wallet. But don’t deposit any money. Don’t buy any Guardians. Don’t trade any SHEZMU. Just watch. Because what you’ll see is a beautiful, empty stage.

What’s next for Shezmu?

The roadmap says “expansion,” “partnerships,” “cross-chain upgrades.” But there’s no evidence of any of it happening. No press releases. No community growth. No liquidity providers. No integration with major wallets or exchanges.

If the team wants to survive, they need to do one thing: get real users. That means giving away free Guardians. Running airdrops. Partnering with NFT projects. Making it easy to earn without spending. Right now, they’re asking people to pay to play - and no one’s showing up.

Shezmu could still come back. But it’s not coming back on its own. It needs a massive injection of trust, liquidity, and real utility. So far, it’s just noise.