SushiSwap’s SUSHI Continues Ascent, Rallies 10% on $1B in Deposits

The decentralized exchange’s liquidity has seen an exponential explosion over recent days while the SUSHI token itself has gained 200% from the local lows set just weeks ago. The coin is one of the best-performing assets in the top 100 coins by market capitalization, only underperforming Polkadot, DFI.Money (YFII), Waves, and Ampleforth.

SUSHI has bounced over 200% from the local lows set just weeks ago. These include a limit order for easier trading, impermanent loss mitigation techniques, and the introduction of a decentralized lending and borrowing service to allow traders to obtain leverage on Ethereum coins.

Timeline of Ampleforth, Ethereum, Polkadot-new, Waves, Defichain, Sushiswap, Yearn-finance-ii