Sushiswap

SushiSwap (SUSHI) is a decentralized exchange (or DEX) built on the Ethereum network. Originally forked from Uniswap, SushiSwap leverages smart contracts in order to provide liquidity pools that allow users to directly trade crypto assets — with no intermediary. Users can also become liquidity pool providers, supplying an equal value pair of two cryptocurrencies in order to receive rewards whenever anyone utilizes that pool. It is a decentralized finance (or DeFi) protocol.

Established in the month of august 2020. It has quickly become one of the leading DEX exchanges. The etheruem chain and polygon chain are some of the popular chain where sushiswap occurs.

As the sushiswap community grows, the number of new coins or projects supported by it also grow. Let us first look at the number of new coins that sushiswap on both the chain in the last 3 months.

It can be seen that around 85 % of the new coins introduced we done on the etheruem chain and only 15 % of them on the polygon chain.

Let us now look at the 10 most recent coins introduced on ethereum chain.

Now that we have a list of the 10 recent coins on ethereum chain, Let us look at what coins were recently introduced on polygon and see if any new coin is common.

The above table gives the list of 10 recent coins introduced on polygon sushiswap. We notice that there are no coins that are common among the two chains.