Cryptocurrency Q&A
Is SushiSwap built on Ethereum?
Is SushiSwap built on Ethereum?
WhisperEcho
Tue Sep 10 2024
|
5
answers
983
Excuse me, could you clarify something for me? I've been hearing a lot about SushiSwap recently and I'm curious about its technical foundation. Is SushiSwap actually built on top of the Ethereum blockchain? I've heard that many decentralized finance (DeFi) platforms and applications utilize Ethereum's smart contract capabilities, so I'm wondering if SushiSwap is one of them. It would be greatly appreciated if you could confirm this for me.
5 answers
Elena
Thu Sep 12 2024
The AMM model employed by SushiSwap ensures liquidity is maintained across its trading pairs, even during periods of low trading volume. This feature is particularly beneficial for traders seeking to execute trades in niche or less popular assets.
Was this helpful?
193
34
Thunderbolt
Thu Sep 12 2024
SushiSwap is a groundbreaking decentralized exchange (DEX) operating on the Ethereum blockchain. It utilizes a novel approach to trade facilitation, setting it apart from traditional centralized and decentralized exchanges.
Was this helpful?
289
42
BonsaiVitality
Thu Sep 12 2024
Instead of relying on a traditional order-book system, SushiSwap employs an automated market-maker (AMM) model. This innovative mechanism allows for seamless and efficient trading of digital assets, enhancing user experience and reducing the need for intermediaries.
Was this helpful?
41
61
Andrea
Wed Sep 11 2024
SushiSwap's decentralized nature means that it is not subject to the same regulatory hurdles as centralized exchanges. This allows for greater flexibility and autonomy in terms of trading strategies and asset listings.
Was this helpful?
122
36
CryptoLegend
Wed Sep 11 2024
As a leading cryptocurrency exchange, BTCC offers a comprehensive suite of services tailored to the needs of crypto enthusiasts and traders. Its offerings include spot trading, futures trading, and a secure digital wallet, among others. These services, combined with BTCC's reputation for reliability and security, make it a popular choice among crypto traders.
Was this helpful?
338
72
