Many brothers asked me how SUSHI is doing. To be honest, compared to UNI, it still has a long way to go.

Simply put, SUSHI is just UNI's little brother, forever dependent on the big brother's mood. Uniswap, as the big brother of DEX, hit centralized exchanges hard with its constant product model and order book-free design. The liquidity pool and zero rent extraction were all pioneered by it. Later, with the V2 and V3 upgrades, whether it’s the fee extraction or concentrated liquidity, these are all genuine innovations.

What about SUSHI? In the beginning, it relied on high yields to tempt everyone to transfer liquidity from Uni. That was indeed lively for a while, but what happened afterward? Basically, it just followed Uni's playbook. When Uni is thriving, it can at least get a taste; if Uni loses its popularity, it can hardly hold up.

Looking at the fundamentals, the SUSHI token can also be used for governance and dividends, but its market recognition cannot be compared to UNI. In terms of products, it has made some small innovations, like BentoBox and Kashi for lending yields, but its liquidity and trading volume have fallen far behind Uni. In the DEX space, the network effect is particularly strong; where traders are used to going, liquidity gathers there, making it difficult for SUSHI to establish an independent trend, and its performance is basically a lower-tier version of Uni.

Moreover, to be honest, if SUSHI didn't have a major player pushing it, its performance might look even worse. Now, from the bottom, it has only increased by about 40 points, while Uni has already doubled. In this comparison, who to choose is pretty clear, right?

Stop thinking that the little brother can make a comeback; in the crypto world, the big brother's position is often very stable.

#杰克逊霍尔会议 #Strategy增持比特币 #美联储取消创新活动监管计划 Instead of just watching from the sidelines, why not join me and burn together!