Web 3 Analytics 201 - Week 1 Challenge
Introduction In this article we will analyze and compare the activity of Uniswap and Sushiswap, probably the best known and most used exchanges in the world of cryptocurrencies. But before we start the analysis, let's go into a little more detail with them to be clear about what we are going to compare. On the one hand, Uniswap is a decentralised exchange (DEX) that allows you to exchange one cryptocurrency for another, using smart contracts on the Ethereum network, and now it is also possible to do so on the Polygon network. SushiSwap, on the other hand, is a platform that incorporates different DeFi tools. It was originally launched as a decentralised exchange powered by an automated market maker (AMM), instead of using the classic order book. Sushiswap was born as a fork of Uniswap.