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SushiSwap is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens. SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.
- Trading price (past 24 hrs): $6.16 USD
- Global Market Cap (past 24 hrs): $782,579,549 USD
- Global Trading Volume (past 24 hrs): $476,127,312 USD
- Circulating Supply: 127,244,443.00 SUSHI
- Total Supply: 238,182,374 SUSHI
Maker is a project whose task is to operate DAI, a community-managed decentralized cryptocurrency with a stable value soft-pegged to the US dollar. Maker (MKR) is the governance token of the MakerDAO and Maker Protocol that allows users to issue and manage the DAI stablecoin. The Maker ecosystem is one of the earliest projects on the decentralized finance (DeFi) scene: the industry that seeks to build decentralized financial products on top of smart-contract-enabled blockchains, such as Ethereum.
- Trading price (past 24 hrs): $2,621.31 USD
- Global Market Cap (past 24 hrs): $2,594,047,699 USD
- Global Trading Volume (past 24 hrs): $124,395,413 USD
- Circulating Supply: 988,873.56 MKR
- Total Supply: 988,874 MKR
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Disclaimer: Cryptocurrency is not a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.