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DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs

Published 02/21/2021, 08:00 PM
Updated 02/22/2021, 10:00 PM
DEX goals diverge as SushiSwap (SUSHI) and Uniswap (UNI) rally to new highs

Uniswap and SushiSwap have emerged as two of the top decentralized exchanges (DEXs) that are leading the current DeFi bull run higher.

Despite a controversial start for SushiSwap, the last few months have seen it catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI governance token.

SUSHI vs. UNI price. Source: TheTIE
Total value locked on Sushiswap. Source: Defi Llama
SushiSwap vs. Uniswap pool liquidity. Source: Dune Analytics
Uniswap vs SushiSwap volume. Source: TheTIE
Weekly DEX volume. Source: Dune Analytics
SUSHI volume on Uniswap. Source: Glassnode

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