The price of SushiSwap and Uniswap DeFi tokens has been on an upward trend over the past few months. Just this year alone, Uniswap token has jumped by more than 360% while SushiSwap's price has jumped by more than 400%. Recently, <a href="https://coinmarketcap.com/currencies/sushiswap/" target="_blank" rel="nofollow noopener">SUSHI</a> token rose to a new all-time high above $18 while <a href="https://coinmarketcap.com/currencies/uniswap/" target="_blank" rel="nofollow noopener">UNI</a> saw an all-time high near $31. Currently, SushiSwap's market capitalization stands at more than $2 billion while Uniswap has more than $8 billion respectively.
<h2><strong>SushiSwap Pacing to Uniswap in Terms of Activity, TVL
</strong></h2>
Over the last few months SushiSwap has been catching up to Uniswap in terms of activity on the platform, total value locked, and the price of its SUSHI governance token. SushiSwap is similar to Uniswap but is a forked version of Uniswap. The difference between the two is that SushiSwap rewards about 0.25% of pool fees plus 0.05% to token holders.

In comparison to the original token distribution, 65% of the original UNI supply was distributed to the community through liquidity mining and a governance-controlled treasury versus 80% of all SUSHI tokens. This way, the SushiSwap was reputed as a community-controlled project self-funded with 9% of all SUSHI emitted from the system awarded to the treasury.  In contrast, Uniswap received VC funds with a total of $12 million from various sources.
<h2><strong>Uniswap More Appealing to Long Term Investors</strong></h2>
With a larger number of available trading pairs and huge liquidity pools for the top DeFi tokens, Uniswap sees higher volumes resulting in more cash flow for liquidity pools for UNI token holders.

However, the fees goes to the treasury rather than to the token holders. This way UNI tokens are more appealing to investors with a longer-term outlook. Meanwhile, SushiSwap provides direct income to token holders from fees generated on the platform.

Uniswap and Sushiswap are among the biggest DeFi projects and also the biggest DEXes in the world. However, <a href="https://www.cryptoknowmics.com/news/aave-chainlink-and-uniswap-hits-all-time-high-as-demand-increases/">Uniswap</a> does not require its users to mandate to KYC procedures but pays its users for providing liquidity.

DeFi Tokens SushiSwap and Uniswap Rallies to New All-Time Highs

DeFi tokens has been on an upward trend with SUSHI rising to a new all-time high above $18 while UNI at an all-time high near $31.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

DeFi Tokens SushiSwap and Uniswap Rallies to New All-Time Highs

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