Sushi Price vs Volume last 30 days
By looking at the price of the Sushi token and volume on Sushiswap over the past 30 days. We try to answer does the price of the Sushi token seem to impact volume on Sushiswap? Sushi token prices had a steady decline in early January. The hourly transaction counts (moving average of 24h) to and from Sushiswap laggingly show also decreasing tendency. We will look at the token price, and transaction counts from and to Sushiswap filtering the Ethereum Mainnet udm_event data to have Sushiswap either in the from_label or to_label. We see that some protocols did make huge transactions however overall the transaction volume laggingly followed the price decline both having calmed down for now.