40.Price vs Volume

    This dashboard analyses the price of the Sushi token and volume on Sushiswap over the past 30 days. We see if the price of the Sushi token seem to impact volume on Sushiswap.

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    Inferences:

    Volume on Sushiswap platform has constantly reduced in the last 30 days. With a high of ~$1B on Jan 21st, 2022 and a low of $153M on Feb 6th, 2022

    Similarly $SUSHI price also has reduced over the last 30 days with a high of $6.48 and a low of $4.03

    Correlation: There is a visible correlation between Sushi price and volume on Sushiswap.

    As seen on Jan 21-23, The volume dropped by ~69% and sushi price also dropped by ~23% (the most in the same period)

    However, at some instances we see even if sushiswap volume has increased, the $SUSHI price has fallen. (Like on Jan 28-29 and Feb 4-5)

    To conclude, at most instances in the last 30 days, sushiswap volume and $SUSHI price are in correlation.