Sushi (SUSHI) Fundamentals: Decentralized Exchange (DEX): SushiSwap, powered by the SUSHI token, is a DEX built on Ethereum. Unlike traditional exchanges, it uses smart contracts to facilitate peer-to-peer trading without intermediaries. Automated Market Maker (AMM): SushiSwap uses an AMM model, relying on liquidity pools created by users to enable trading. Users can earn rewards by providing liquidity. Governance Token: SUSHI holders have voting rights on proposals that shape the future of the SushiSwap ecosystem. Recent News (as of March 15, 2024): Price: SUSHI is currently trading around $2.04, with a slight dip in the last 24 hours. Market Cap: The market capitalization of Sushi is around $481 million, ranking it roughly #174 among cryptocurrencies. Disclaimer: This information is for educational purposes only and should not be considered financial advice. The cryptocurrency market is volatile, and past performance is not indicative of future results. Always conduct your own research before making any investment decisions.
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