SushiSwap (SUSHI) Surges 35% Amid Yearn.finance (YFI) “Merger”
SUSHI Surges 35%
Sushi is up 35% in the past 24 hours after news broke that the cryptocurrency’s team is going to be merged with the team of Yearn.finance (YFI) to realize key synergies. Andre Cronje, the founder of YFI, announced on November 30th on the move:
“As Sushi focused on expanding their AMM ecosystem, and as Yearn focused on expanding their strategies, more and more overlap became apparent, Yearn needed custom AMM experiences for their strategies, and Sushi started pushing the boundaries of yield and money markets.
DeFi Boom SUSHI’s strong surge from last week’s lows comes as the total DeFi space has undergone a resurgence after a strong drop in September and November. Featured Image from Shutterstock Price tags: sushi, sushiusd, sushieth, sushibtc Charts from TradingView.com SushiSwap (SUSHI) Surges 35% Amid Yearn.finance (YFI) "Merger"