Sushi announced that it has launched Blast
According to official sources, the DEX project Sushi announced the launch of the Layer2 network Blast.
Sushi and Blast enter into partnership
According to a video posted by Sushi on X, Sushi has reached a partnership with Blast.
Sushi CTO issues warning: Users are advised not to interact with any dApp
Sushi's Chief Technology Officer @MatthewLilley issued a warning on social media: Users should not interact with any dApps until further notice. A commonly used Web3 connector appears to have been compromised, allowing the injection of malicious code that affects many dApps.
Sushi: V2 reward program ends today, V3 reward program ends on December 8
On November 29th, Sushi stated in a blog post that with the completion of the minting of 250 million SUSHI tokens, all SUSHI tokens are now in circulation and there will be no further unlocking. Therefore, the current reward program will undergo significant updates. The V2 reward program will end today, and the V3 reward program is expected to end around December 8, 2023. Sushi stated that its future focus will be on enhancing its token economics model, moving away from ongoing token unlocking and token reward distribution.
Sushi: The new token economic model will not be deployed, all Sushi is already in circulation
On November 24th, SushiSwap officially announced that with Sushi returning to its original xSushi model, the Sushi Bar will reopen. The Sushi Bar allows xSushi holders to receive a portion of the trading fees on the Sushi DEX. By staking Sushi at the Sushi Bar, Sushi holders will receive xSushi, representing their share in the Sushi Bar and have the right to receive 0.05% of the standard trading fee of 0.3%.<br>As all Sushi tokens are now in circulation, there will be no new issuance of Sushi in the future. In addition, Sushi's new token economic model will not be deployed.
Sushi Expands to ZetaChain for Native Bitcoin Support in DeFi
Sushi, a decentralized finance platform, has announced its expansion to layer-1 blockchain ZetaChain to introduce native bitcoin support. This move enables users to swap the largest cryptocurrency across 30 networks without the need to wrap it. ZetaChain's core contributor, Jonathan Covey, stated that the addition of bitcoin to Sushi goes beyond its traditional use case as just a store of value and allows for more sophisticated applications like lending and borrowing. The ZetaChain team has been working on this for years and believes that they are at an inflection point where they can develop applications that utilize actual bitcoin.
Algebra founder proposes integrating Integral V4 into Sushi
Algebra founder Vladimir Algebra has proposed to integrate "Algebra Integral (V4)" into Sushi, and is conducting a public opinion poll on the Sushi forum. The proposal states that the integration of Algebra's "Integral" into Sushi will achieve a modular architecture, allowing plugins to be added on top of liquidity pools without the need for liquidity migration, enabling external projects and independent developers to implement their ideas and features in the form of plugins within the Sushi ecosystem.
BitMEX founder transferred 331,470 SUSHI to Kraken 3 hours ago
According to Yu Jin's monitoring, BitMEX founder Arthur Hayes transferred 331,470 SUSHI coins (worth $340,000) to Kraken 3 hours ago.
Decentralized exchange Sushi is launched on Filecoin
According to official sources, decentralized exchange Sushi is now available on Filecoin. As the first DEX on Filecoin, Sushi will launch the second and third version of its automated market maker (AMM) and provide centralized liquidity pools. This will allow users to trade and provide liquidity on the Filecoin network. Sushi's cross-chain exchange feature, SushiXSwap, will soon cover Filecoin, enabling native token exchanges between Filecoin and over 30 mainstream networks (including Ethereum, Arbitrum, Polygon, Optimism, BNB Chain, and Avalanche) through the Sushi UI. Additionally, to celebrate the integration of Sushi and Filecoin, the official Filecoin x Sushi Bomb digigity NFT has been released.
DAppConnect: Deep interaction with the Turkish market
TokenPocket, ZetaChain, and Sushi will hold an offline DAppConnect event in Turkey during DevConnect on November 13th. This offline event will provide a platform for free communication for the Turkish community and developers. Share ideas and establish cooperative relationships with various project developers, including wallets, public chains, protocols, VC, etc., and jointly promote the development of the Web3 ecosystem in the Turkish market.
SUSHI rose 20% in 24 hours and is now trading at 1.23 USDT
According to the OKX market, SUSHI has increased by 20% in the past 24 hours and is currently trading at 1.23 USDT.
A certain whale address deposited SUSHI worth more than $5 million into SushiSwap for pledge
On November 3rd, according to Yu Jin monitoring, a certain whale address deposited 4.4 million SUSHI (equivalent to approximately $5.06 million USD) into SushiSwap for staking, two and a half hours ago. It is reported that these SUSHI were withdrawn from Bybit 6 days ago (October 27th-28th) at a rate of 200,000 per transaction, with an average withdrawal price of approximately $0.61 USD. In the following days, SUSHI began to rise significantly, with a maximum increase of 113% to $1.3 USD. Currently, the whale's floating profit from SUSHI has reached $2.38 million USD (+88%).
A whale deposited SUSHI worth more than 5 million US dollars into SushiSwap for pledge
On November 3rd, as monitored by @EmberCN, a whale deposited 4.4 million SUSHI tokens (approximately $5.06 million) into SushiSwap for staking two and a half hours ago.
These SUSHI tokens were withdrawn from Bybit at a rate of 200,000 per transaction six days ago (October 27-28) at an average price of approximately $0.61. In the following days, SUSHI began to rise sharply, with a maximum increase of 113% to $1.3.
Currently, the whale's SUSHI tokens have a floating profit of $2.38 million (+88%).
Cointime's evening highlights for October 31st
1.Spain to implement EU crypto asset market law in December 20252.dYdX Chain Goes Live, Launches Bridging UI for Token Conversion3.Bitcoin Profit Addresses Number at 39.1 Million, Record High4.SushiSwap Community Launches Governance Reform Proposal, Proposes to Put DAO Back in Control of Governance5.SINOHOPE and Alpha Blockchain Capital Partner to Launch 100% Virtual Asset Investment Fund6.Solana Foundation: Firedancer, a node validator developed by Jump Crypto, has gone live on the test network7.Nansen: FTX has transferred a total of $156 million worth of crypto assets in recent days
The SushiSwap community initiated a "governance reform" proposal, proposing that the DAO regain control of governance
On October 31st, the SushiSwap community recently launched a "governance reform" proposal, proposing to immediately stop Kanpai 2.0 and restore to the previous mode, where 100% of the fees will be owned by xSUSHI stakers. They will begin using SUSHI tokens to directly democratically vote on all new implementations and proposals, hold elections for a new management committee for SushiSwap, and draft and implement a decentralized governance charter to support SushiSwap's development as a DAO. <br>
SushiXSwap, SushiSwap’s Cross-Chain Trading Platform, Has Launched V2 Version
SushiXSwap, the cross-chain trading platform under SushiSwap, has launched its V2 version. It currently supports Ethereum, Arbitrum, Optimism, Base, Polygon, Avalanche, and BNB Chain, and integrates USDC using the Cross-Chain Transmission Protocol (CCTP). In the next phase, it will expand its business scope to more blockchain networks, including EVM and non-EVM chains, by integrating with Stargate and Axelar.
The Cumulative Trading Volume of Base in the Past 7 Days Was 99.35 Million US Dollars, of Which SushiSwap and Uniswap Accounted for More Than 80%
According to DefiLlama data, the total trading volume of Base in the past 7 days was 99.35 million US dollars, of which SushiSwap's total trading volume in the past 7 days was 45.13 million US dollars, accounting for 45.4%; Uniswap's total trading volume in the past 7 days was 38.7 million US dollars, accounting for 39%.
In addition, SushiSwap's total trading volume on the Base chain reached 131 million US dollars, and Uniswap's total trading volume on the Base chain reached 43.12 million US dollars.
SushiSwap to Integrate with Core Blockchain Protocol for Increased DeFi Services and Cross-Chain Functionality
SushiSwap, a Decentralized Finance (DeFi) platform, is planning to integrate with the blockchain protocol Core to offer a wider range of DeFi services through its cross-chain functionality. The integration will allow developers building within the Core ecosystem to access SushiSwap's liquidity pools, cross-chain swaps, and decentralized exchange (DEX) aggregator.
'X' Altcoin Explodes 1,000% Following Elon Musk Twitter Rebrand
Following Elon Musk's announcement to rebrand Twitter as X.com, an obscure cryptocurrency called X linked to a now-closed NFT marketplace has surged over one thousand percent, with a 1,047% increase in the past 12 hours, according to CoinGecko. The X token was trading at $0.00002 on Sunday with virtual zero volume and liquidity, but by Monday morning in Asia, it had pumped to $0.00025, with volume surging to $50,000, mostly on the SushiSwap decentralized exchange. The unrelated token is linked to the X NFT marketplace, which announced its closure in May, and its website states that the treasury of around $950,000 was being returned to X token holders.
SushiSwap Collaborates with ThunderCore to Drive Innovation in Web3 Gaming
SushiSwap and ThunderCore have joined forces to drive innovation in the gaming sector of the Web3 world. The partnership aims to offer enhanced Annual Percentage Rates (APRs) to liquidity providers (LPs) and introduce a range of products to bolster the ecosystem.
