SushiSwap is eating into Uniswap’s market share following Yearn merger

Cointelegraph

Published Jan 28, 2021 10:55PM ET

Updated Jan 29, 2021 12:40AM ET

Following its merger into the Yearn ecosystem, SushiSwap has been making significant inroads into the market share of leading decentralized exchange Uniswap.

On Jan. 29, Messari researcher Mira Christanto tweeted data illustrating that Uniswap’s share of the Automated Market Maker sector has declined as Sushi’s share expanded from mid-December until last week.

Relative market share of AMM Dexes: Messari

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