Cointelegraph Consulting: A review of SushiSwap roll-outs
With SushiSwap growing in adoption through multi-chain strategy, data reveals signs of a fundamental shift for its major network. Launched in August 2020 as a fork of the Uniswap decentralized exchange, SushiSwap briefly surpassed its competitor. Now ranking third behind Uniswap’s v3 and v2, the DEX rolls out numerous integrations with major networks beyond its native Ethereum blockchain to offer users a single entry point and lower fees. The SushiSwap protocol is one of the largest proponents of a multi-chain future in decentralized finance as the DEX is already live on Ethereum, Binance....
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CoinMarketCap has launched a token swap feature via integration with Uniswap, and has hinted at supporting additional DEXs and networks in the future. CoinMarketCap (CMC) has launched a token swap feature on its website through an integration with decentralized exchange Uniswap. CMC is one of the most well known crypto market data aggregators in the industry and has been owned by Binance since April 2020. The site’s Ethereum-based token pages now include a swap icon, enabling users to connect a wallet and swap between ERC-20 tokens. The platform supports wallets from MetaMask, Coinbase,....
The cost to purchase one SushiSwap governance token surged by more than 15 percent in the last 24 hours. Dubbed as SUSHI, the cryptocurrency established a weekly high near $2.74 on Monday following a dramatic move upside. So it appears, traders flocked into the SushiSwap market as SUSHI was trading near a level that previously […]
SushiSwap’s governance cryptocurrency SUSHI fared better than Bitcoin ahead of the New York opening bell Tuesday. The decentralized finance token surged more than 15 percent during the European session, hitting an intraday high of 1.9471. Traders flocked into the SushiSwap market even as the protocol discovered a serious bug, a vulnerability that eventually led to […]
The Uniswap rival manages to fend off an attack in a matter of hours. As exploits and hacks run rampant across the DeFi ecosystem, at least one project appears to have fended off the worst of an attack — the once-maligned “vampire” AMM (automated market maker) exchange Sushiswap. Observers noticed last night that Sushiswap — which got its start leeching liquidity from rival AMM Uniswap — was experiencing an exploit, and that anonymous head developer 0xMaki was taking steps to mitigate it:Possible @SushiSwap exploit found? @0xMaki sends exploiter a tx with a message to collect bug bounty.....
On-chain data shows that ETH is quickly vanishing from exchanges. Cointelegraph Consulting explores the causes and impact of this trend. Many researchers and influencers have pointed this out as a bullish sign that illustrates increasing demand for the native token that powers many popular DeFi apps. Others look at this as more of a critical flaw that could make the asset harder to acquire and trade as it becomes progressively more embedded in locked smart contracts and applications.Last spring, the percent of Ether (ETH) supply on exchanges peaked at around 26%, but since then, there has....