$8.24
1H
7.43%$0.5699
24H
13.86%$1.00
7D
29.11%$1.86
SushiSwap claims to be an evolution of #Uniswap with $SUSHI tokenomics. SushiSwap protocol better aligns incentives for network participants by introducing revenue-sharing & network effects to the popular AMM model.
However, the total number of Ethereum locked up in DeFi plunged from 9.4 million ETH in mid-late October to the current 6.8 million ETH locked up at the time of writing.
Decentralized Finance (DeFi) protocol Yearn.Finance is advancing in its season of mergers with the latest announcement coming in to feature another DeFi notable DeFi giant SushiSwap.
As a precautionary measure, Origin protocol has disabled all deposits to its vaults and warned users not to purchase OUSD on Uniswap or SushiSwap.
According to DeFi Pulse, the total value locked in decentralized applications to date comes at about $13.69 billion, a remarkable growth from the $11.184 billion locked at the end of October.
Its unique features give ZeroSwap an edge over the incumbents and boost its attractiveness to users.