Markets

SushiSwap's SUSHI Seen at $100 Value, Up Fivefold From Current Level

SUSHI's near 3,000% rise isn't over, and could be valued at $100 using a traditional dividend discount model.

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Markets

SushiSwap, Fleeing Ethereum Fees, Is Now Live on Binance Smart Chain, Fantom, Others

The move is one of the first concrete examples of the Uniswap clone going its own way.

(Metropolitan Museum of Art, modified by CoinDesk)

Markets

DeFi Protocol SushiSwap's SUSHI Token Hits Record High, Eyes Further Gains

Institutional investors might be warming to tokens associated with decentralized finance (DeFi).

SUSHI prices have staged a (not so steady) rally over the past month.

Markets

Ether Soars to Another All-Time High, Carrying DeFi and Rival Coins With It

Investor excitement ahead of the CME's planned ether futures contract is one reason for the price push.

CoinDesk placeholder image

Markets

Market Wrap: Bitcoin Trading Tepidly at $33.7K While SushiSwap Eats Raw Market Share

The investor spotlight is now shining on DeFi tokens and trading.

CoinDesk 20 Bitcoin Price Index

Markets

Exchange Tokens Hit New All-time Highs as Stock Traders Rush to Crypto

GameStop caught the stock-buying public's imagination. That excitement has spilled over to crypto.

Binance CEO Changpeng Zhao speaks during Consensus.

Markets

Decentralized Exchange Volumes Hit Record Above $50B in January

Uniswap represented over 45% of total DEX volume.

Monthly decentralized exchange volume since Jan. 2019

Tech

Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger

Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself.

Charming funny girl eating sushi in a restaurant

Tech

Uniswap May Re-Up Rewards as SushiSwap Angles to Catch Itinerant Yield Farmers

A new governance vote would continue liquidity mining rewards for certain asset pairs as the original allocation ends.

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Markets

Meet the Yield Farmers Plowing Cryptocurrency's Riskiest Trend

Yield farming could result in promising developments in the DeFi ecosystem. Nonetheless, each yield farmer told CoinDesk the same thing: This stuff is really, really risky.

farming

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