SushiSwap is one of the market's fastest-growing DeFi protocols right now. Since its launch in August 2020, it has taken the protocol just one year to become one of the top 10. In fact, in many ways, The post TVL up by >990% in a year, but SushiSwap might be its worst enemy appeared first on AMBCrypto. origin »
The original image of Shiba Inu that was behind the popular “Doge” meme is now getting auctioned off on Fractional. Art, an NFT fractionise platform. What started as a joke in 2013 has taken the world by storm this year and gained the support of the likes of Tesla’s Elon Musk and Dallas Mavericks’ Mark Cuban.
SushiSwap emerged very controversially as a fork of Uniswap. About half a year later, the project stands as one of the top 10 DeFi protocols.
The post Defi Deep Dive — SushiSwap, Has the Disciple Surpassed Its Master? appeared first on BeInCrypto.
SushiSwap has gained 9. 29% in the last 24 hours to become one of the best performing decentralized exchange platforms of the day with over $3 billion in total value locked (TVL), compared to $1. 2 billion at the start of the year.
While Uniswap lost 40% of its market share since August, Sushiswap gained 1,120% in just over 2 months. Meanwhile, the Sushi token price is fast approaching its ATH as the team shares what’s to come this year.
Decentralized finance has grown from small beginnings with less than $700 million in total value locked across all platforms in January 2020, to a thriving ecosystem of over $10 billion in TVL by September of the same year.
The partnership aims to improve the Aave-based swapping experience with the provision of deeper liquidity, significant protections against diverse MEV attacks.
Bitget links with Chorus One to bring one click Monad staking showing CeFi and DeFi are converging to deliver institutional level Web3 access for mainstream users.
By partnering with Zeta Privacy, Aidica brings Web3 privacy and security solutions to its launchpad platform, enabling users to transact and trade securely.
By integrating MIRO’s Layer-2, cross-chain network, IOTrader enables users to move assets across various chains efficiently, expanding customer experience.
Several DeFi projects attracted significant TVL growth as more investors moved funds into such platforms, despite a TVL decline in the wider DeFi market.