SUSHI – DIGIT INFO

Sushi Partners With Layer N to Launch High-Speed Derivatives Exchange

DIGIT — Wed, 14 Feb 2024 09:30:33 +0000

Sushi, the multi-chain decentralized exchange (dex), plans to launch a new high-speed derivatives exchange called Susa using Layer N’s scaling technology, Sushi revealed on Tuesday. The partnership aims to rival centralized exchanges by processing over 100,000 transactions per second with milliseconds of latency. Susa’s Debut on Layer N Promises New Era for Dex Platforms Sushi […]

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Sushi taps into ZetaChain to begin testing native Bitcoin DeFi swaps

DIGIT — Fri, 17 Nov 2023 07:37:30 +0000

Decentralized exchange Sushi will test native Bitcoin DeFi functionality that promises to allow users to swap BTC across 30 blockchain networks.

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Sushi DAO to Set up Defense Legal Defense Fund; Project Receives Unspecified US SEC Subpoena

DIGIT — Thu, 23 Mar 2023 11:30:16 +0000

Sushi, the Web3 exchange that pivoted into a decentralized autonomous organization (DAO), is seeking to organize a legal defense fund. If approved, the proposal, which already is available for voting, will put $3 million USDT as part of a fund to defend itself from legal actions against the organization and its members. The organization disclosed […]

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SushiSwap’s new DEX aggregator will ’10x our market share’ — Head Chef

DIGIT — Tue, 17 Jan 2023 02:22:43 +0000

SushiSwap’s roadmap for the coming year includes the development of a DEX aggregator, a decentralized incubator, and “several stealth projects.”

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Decentralized Exchange Trading Volumes Remain Lackluster in the New Year, Uniswap Leads the Way with Daily Swaps

DIGIT — Sat, 14 Jan 2023 21:30:53 +0000

According to statistics, decentralized exchange (dex) monthly trading volumes have dropped significantly since Jan. 2022. After a brief spike in volume in Nov. 2022, dex trade volumes have been lackluster for the past 44 days. As of Jan. 14, 2023, Uniswap version three (V3) has the highest trade volume during the past 24 hours at […]

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Value Locked in Defi Continues to Slide, ETH Defi Dominates by 65%, Solana Transactions Reign

DIGIT — Fri, 17 Dec 2021 17:00:26 +0000

The total value locked (TVL) in decentralized finance has slid 15.63% since the metric’s all-time high of $275 billion sixteen days ago on December 1. Since the end of the first week of December, the TVL is down 7.19% lower with a number of protocols seeing seven-day losses in terms of TVL. Defi Tokens YFI ... Read more

Value Locked in Defi Slips 5% in 24 Hours, AMM and Rebase Tokens Take Double-Digit Losses

DIGIT — Sun, 05 Dec 2021 22:30:54 +0000

Since mid-November the total value locked (TVL) in decentralized finance (defi) has slid from $257 billion to $250.55 billion and during the last 24 hours it lost a touch more than 5%. Over the last seven days, defi tokens like uniswap, pancakeswap, curve dao token, 1inch and sushi have lost anywhere between 15% to 23.9% […]

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Major DeFi founders back play-to-earn game that hopes to be next Flappy Bird

DIGIT — Fri, 22 Oct 2021 05:19:41 +0000

A new blockchain based play to earn game called Fancy Birds hopes to emulate the success of the addictive mobile phenomenon Flappy Bird.

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Uniswap (UNI) gains nearly 50% in 24 hours as China’s latest crypto purge boosts DEX tokens

DIGIT — Mon, 27 Sep 2021 13:43:37 +0000

In the last 24 hours, the decentralized exchange sector has logged a combined profit of over 60%, while their centralized counterparts have grown by just 0.77%.

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Pnetwork Protocol Gets Hacked, Loses 277 Bitcoin on Binance Smart Chain

DIGIT — Tue, 21 Sep 2021 08:30:14 +0000

Pnetwork, a multi-chain bridging protocol, announced it was hacked yesterday, losing 277 pbtc (its bridged version of bitcoin) on Binance Smart Chain. The protocol acknowledged that an attacker managed to exploit a bug in its codebase to take control of the stolen bitcoin. The bridging contracts are currently working as usual but with extra security […]

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