Sushi News

A rally in blue-chip DeFi tokens and the sector’s rising total value locked has traders hopeful that a prolonged rally will take place.

Data from Delphi Digital shows holding BTC and ETH was more profitable than investing in weighted average market cap crypto and DeFi index funds.

Sushi dropped LSD-themed NFTs to celebrate the launch of its trident AMM, while the ‘Gypsy King’ Tyson Fury has sold a single NFT for almost $1 million.

The new AMM will feature four customizable pool options and offer significant capital efficiency for depositors.

MATIC, SUSHI and CAKE soar after Bitcoin bulls finally press the price above the $35,000 resistance.

“We believe this partnership with Sushi is just the beginning of bringing millions of people into decentralized finance,” said Harmony founder Stephen Tse.

DeFi showed tremendous strength during last week’s sell-off as DEX activity and stablecoin stability prove the sector may be ready for mass adoption.

DeFi protocols were buzzcut as their token values plummeted and the total value locked on all platforms fell to levels not seen since April.

Price dislocations between futures and spot markets led altcoins like ETH, LTC and SUSHI to trade up to 43% below their index price in spot markets.

The explosive rally from Skale and Polygon proves that the Coinbase effect continues to be a potent price mover for small and large-cap altcoins.

Soaring Etheruem gas costs are driving investors and protocols to take a closer look at layer-two solutions like Matic, Loopring and xDai.

These DEX tokens are quietly accruing triple-digit gains as the total value locked in DeFi reaches new highs each week.

Loopring’s increasing DEX volume and token price show the project is emerging as one of the leading layer-two solutions working to address the high gas fees on the Ethereum network.

The goals and development of SushiSwap and Uniswap are diverging as each exchange’s governance token reaches new all-time highs.

Curve Finance has surpassed Uniswap’s total value locked, a sign that competition between DeFi protocols is heating up.