M

MyShell

SHELL
RootData List 2023

Decentralized AI agent creation and trading platform

Performances

RD Popularity Index

5210.64% (24h)
0100200300400500
Project Rank: 278/15432

RD Growth Index

3800.92% (24h)
0400800120016002000
Project Rank: 973/15432
Comparison:
1h24h7d30d60d90d
0.10%6.18%9.47%5.80%5.11%52.53%

Comparison

Event Calendar

Oct 16, 2023
MyShell raised $ 5.6 M in Seed round
Mar 27, 2024
MyShell raised $ 11 M in Pre-A round
Aug 15, 2024
MyShell completed a new funding round
Feb 13, 2025
MyShell launches SHELL token

Open Markets

#ExchangePairPrice+2% depth-2% depthVolume (24h)volume %
1
HHTXCEX
SHELL/USDT$0.04337$884$1,335$1,638,71143.35%
2SHELL/USDT$0.04333$3,169$7,527$218,1885.77%
3SHELL/USDT$0.04337$1,085$1,352$209,7225.55%
4SHELL/KRW$0.04399$6,270$6,798$116,0993.07%
5SHELL/USDT$0.04327$16,133$22,412$71,0141.88%
6SHELL/BTC$0.04233$6$28,587$54,4481.44%
7SHELL/USDT$0.04337$22,799$20,017$10,7640.28%
8SHELL/USDT$0.04389$0$0$660.00%
9USDT/SHELL$0.0415$30$30$120.00%
10SHELL/ETH$0.04591$118$118$100.00%

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About MyShell

MyShell is a decentralized AI consumer layer that lets anyone create, share, and own AI agents through a no-code interface. Its core business combines an agent builder (ShellAgent), a voice cloning engine (OpenVoice), and an app store where creators can publish bots for chat, roleplay, education, or image generation. The platform also integrates a token economy, allowing creators to earn from usage.

Its key differentiators are the open-source voice cloning technology, which requires only a 10-30 second audio sample and supports cross-language cloning, and the modular workflow editor that enables multi-modal apps (text, voice, image). Unlike centralized platforms like Character.ai, MyShell emphasizes data sovereignty and creator ownership, with blockchain-based asset rights.

The market pain points it addresses include the lack of revenue sharing for AI creators, high barriers to building interactive agents, and the closed nature of proprietary AI ecosystems. By offering a low-code toolkit, a marketplace, and a reward system, it aims to lower entry barriers and distribute value more fairly.

In the past six months (2026-02-28 to 2026-08-29), MyShell has focused on expanding its open-source ecosystem. The ShellAgent framework was updated to support more workflow types, and OpenVoice continued to receive community contributions. The platform also faced challenges, including token price volatility and increased competition from other AI agent platforms. No major security incidents or service outages were publicly reported during this period.

Updated: Aug 29, 2026

MyShell, a decentralized AI consumer layer, has progressed through key milestones since its 2023 founding. In October 2023, it secured a $5.6 million seed round at a $57 million valuation, followed by an $11 million Series A in March 2024. The project launched its SHELL token in February 2025, with Binance listing it and initiating the second HODLer airdrop. A significant event occurred in March 2025 when Binance identified market maker misconduct in SHELL and GPS trading, delisting the offending market maker and confiscating related earnings. MyShell responded with a token buyback plan, completing 75% of the repurchase by late March. These actions demonstrate commitment to market integrity and long-term ecosystem health, with the buyback supporting token value and community trust.

Updated: Aug 29, 2026

No major positive catalysts in the past six months.

Negatives: token remains near all-time low, down ~97% from peak. Massive supply overhang persists (610-730M locked; team/investor cliffs passed, steady unlocks ongoing). Circulating supply discrepancy between CoinGecko (~270M) and CoinMarketCap (~392.9M) raises transparency concerns. No verifiable traction (DAU/revenue/agent count) or near-term roadmap catalysts surfaced.

Updated: Sep 13, 2026

Ethan Sun (Co-founder & CEO): Graduated from the University of Oxford with a BA in Mathematics and Computer Science. Previously co-founded ATP Club (AI fitness gaming) and served as Technical Director at Aibee Inc. and Technical Lead at Ke Holdings Inc., contributing to large-scale indoor SLAM/3D and VR scanning projects.

Charles (Co-founder): Specific background details are not publicly available; role focuses on co-founding and platform development.

Rick Lin (Co-founder): Experienced in AI product development and market strategies. Previously co-founded a startup, developed a widely adopted AR SDK, and held leadership roles at a prominent AI unicorn. Also co-founded ATP Club. Based in Tokyo, Japan.

Updated: Aug 29, 2026