Projects listed: 276 |
BTC Dominance: 51.16% | Volume (24h): $36,992,748,770 | Market Cap: $2,189,479,499,909
SushiSwap
SUSHI
$0.61
Sector
Defi
Exchange Debut
2020-08-31
Market Cap
116,948,761
Maxim Supply
250,000,000
Circulating Supply
192,789,256
Circ. Supply(%)
77.12%
SushiSwap
SUSHI
Price
$0.61
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
14527090
0.617946108336
0.554951393555
Change 24h
Change 7d
Change 30d
7.8045
10.24
2.9503
Maxim supply
Circulating supply
Circulating supply(%)
250,000,000
192,789,256
77.12%
The opinion of artificial intelligence (AI), based on the fundamental analysis of the SushiSwap-SUSHI cryptocurrency:
SushiSwap (SUSHI), an innovative automated market maker (AMM) in the decentralized finance (DeFi) space, garnered a respectable score of 7.27 out of 10 in a comprehensive fundamental analysis of the SushiSwap-SUSHI cryptocurrency. Emerging as a Uniswap fork, it’s aiming to reshape the AMM market with unique features and lucrative rewards through its native token, SUSHI.
SOCIAL & MASS MEDIA: Score 7.8 out of 10
The social media prowess of SushiSwap cannot be understated. The project has displayed an exemplary ability to attract followers, garnering a perfect score. It also boasts a sizable presence in various chat groups and has garnered significant media attention. However, there seems to be a gap in the community’s activity on these platforms, and the social media administrators might need to be more proactive to fully leverage their presence.
AUDIT & SECURITY: Score 6.45 out of 10
In the critical domain of audit and security, SushiSwap has shown reasonable transparency, ensuring their community remains informed. Their impressive liquidity on exchanges is commendable. Nevertheless, the fundamental analysis of the SushiSwap-SUSHI cryptocurrency suggests there’s room for improvement in their audit results.
TOKENOMICS: Score 7.8 out of 10
SushiSwap’s tokenomics presents an intriguing blend. The project has managed to control its inflation well, and its monetary mass isn’t highly centralized. This balance is pivotal for the long-term sustainability and attractiveness of the SUSHI token.
ECOSYSTEM DEVELOPMENT: Score 8 out of 10
The development ecosystem of SushiSwap is robust. While they’ve shown considerable progress in achieving their objectives, the future looks promising with plans to bring new developments to the project.
TEAM & DEVELOPERS: Score 4.2 out of 10
One area that seems to require more focus is the team’s experience. Given the importance of having a seasoned team in the volatile crypto landscape, enhancing their expertise can be instrumental. Moreover, a larger pool of software developers might help in faster and more efficient rollouts.
PRODUCT & UTILITY: Score 7.2 out of 10
The product offered by SushiSwap is of notable utility in the DeFi space. The SUSHI token, integral to their ecosystem, also presents significant utility, further enhancing the project’s value proposition.
PARTNERS & INVESTORS: Score 8.25 out of 10
A significant strength of SushiSwap lies in its partners and investors. The project has successfully onboarded a commendable number of high-quality partners, and their investor portfolio is robust, suggesting a trust in the project’s potential.
Fundamental analysis of the SushiSwap-SUSHI cryptocurrency – The final conclusion
Upon a detailed fundamental analysis of the SushiSwap-SUSHI cryptocurrency, the project emerges as a promising player in the DeFi space. The scores reveal a robust social media presence, a balanced tokenomics, and an impressive partnership network. However, the team’s experience and certain audit aspects might need more focus. For potential investors, while SushiSwap presents lucrative opportunities, like any investment, it’s essential to weigh the potential rewards against risks and stay updated with the project’s continual developments.
What is SushiSwap – SUSHI?
Introduction to SushiSwap-SUSHI
SushiSwap-SUSHI represents an automated market maker (AMM), a decentralized exchange mechanism that employs smart contracts to facilitate token pair markets. Launched in September 2020, SushiSwap originates as a Uniswap fork. However, it aims to offer enhanced features, including heightened rewards for participants through its distinct token, SUSHI.
Key Features and Benefits
What sets SushiSwap apart is its unique approach to automated trading liquidity between any two crypto assets, eliminating the need for order books. This addresses challenges like liquidity issues often faced by traditional decentralized exchanges. Moreover, fundamental analysis of the SushiSwap-SUSHI cryptocurrency reveals its potential to reshape the AMM market landscape.
User Impact and Token Utility
SushiSwap has taken measures to enhance user involvement in its growth and future direction. A 0.3% fee is levied on transactions within its liquidity pools. Additionally, the SUSHI token serves a dual purpose. Firstly, it rewards users with a share of the transaction fees. Secondly, it grants them governance rights, allowing them greater influence over the platform’s operations.
Conclusion
In essence, SushiSwap offers an evolved AMM platform tailored to meet the demands of DeFi traders. By improving upon Uniswap’s foundation and incorporating novel features, it provides a promising avenue for those keen on leveraging the DeFi token surge and ensuring liquidity. Its user-centric approach, marked by the SUSHI token’s dual utility, further amplifies its potential in the decentralized finance realm.
- Latest analysis update: November 4, 2023
SushiSwap-SUSHI performance
GENERAL CRITERIA:
Score
SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
Go to Methodology
Content description
Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.
Audit & Security In particular, the team looks if the project is audited, how extensive the audit is, at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.
Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.
Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.
Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.
Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.
Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.
