Uniswap challenger SushiSwap continues to lose vital liquidity, with total value locked falling by 8% in the past 24 hours.
Uniswap distributed 400 of its new UNI tokens, a $1,400 value, to all its past users. Observers say the big surprise is likely to pay years of dividends.
Though no fresh stimulus is expected this week from the Fed, bitcoiners betting on money printing could just wait for the next sell-off in U.S stocks.
Shortly after SushiSwap's block rewards fell from 1,000 SUSHI tokens to 100, total value locked has fallen behind rival Uniswap.
SushiSwap will distribute 90% less $SUSHI to its liquidity providers as it did before – and it's anyone's guess whether the piles of crypto locked in will stay.
Recapping the biggest stories of the week, including Joe Biden’s China plan, a market holding pattern and, of course, the strange competitive saga of SUSHI.
Another SushiSwap smart contract migration may be on the menu if newly voted-for policy proposals are going to be implemented.
The bitcoin market lacks momentum Friday but Uniswap's value locked is on a roller-coaster ride.
SushiSwap creator "Chef Nomi" has returned all $14 million in ether, apologizing to the DeFi project's community for suddenly liquidating his holdings.
The Ethereum blockchain's soaring gas prices don't seem to have deterred customers as DeFi usage grows and tests what the market can bear.
SushiSwap cofounder Maki believes the project can expand to include other chains, he told CoinDesk China in an exclusive interview.
September is the fifth consecutive monthly all-time high for Uniswap volume.
SushiSwap, the "vampire mining" protocol, sucked more than $800 million from rival Uniswap in the latest DeFi mind-bender. PLUS: BitMEX futures distortions.
SushiSwap, the community-owned automated market maker, now has a new set of leaders – offering a preview of the future of crypto politics.
It's perhaps the largest test to date of a growing mood in DeFi: that all major projects should be community-owned.