1H
-0.10%$0.0008
24H
2.87%$0.0221
7D
0.24%$0.0019
30D
-5.01%$0.0418
SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.
SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.
SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.
Crypto users and investors often become victims of rug pull scams, which causes them to lose heavily on their funds. Here’s a guide to know more about rug pull scams and how to avoid them.
This guide contains all you need to know about Arbitrum, an open-source, decentralized application for stress-testing blockchains that works by sending transactions to each node in the network simultaneously.