I recently heard about sushi and its potential in the financial market. However, I'm confused about whether it's a type of cryptocurrency or not. Can someone clarify this for me?
5 answers
NebulaChaser
Tue Dec 03 2024
Sushi, previously known as SushiSwap, operates within the realm of decentralised finance (DeFi).
Sara
Tue Dec 03 2024
Sushi is akin to other decentralized exchanges (DEXs) like
Uniswap and PancakeSwap.
DaeguDivaDanceQueenElegance
Tue Dec 03 2024
It functions as a blockchain protocol built on the Ethereum network.
Lorenzo
Tue Dec 03 2024
This platform utilizes a system of liquidity pools to facilitate trading.
SumoPride
Tue Dec 03 2024
Users of Sushi can buy and sell various crypto assets through these pools.