Battle For DeFi Dominance: SushiSwap Vs Tradecurve, Who Wins?

The demand for decentralized exchanges has never been higher. Recent SEC lawsuits have shown how quickly regulation can impact centralized exchanges, which has caused millions of investors to move their assets away from centralized options.

But with a wide range of decentralized alternatives to choose from, which is the best? SushiSwap and Tradecurve are two of the newest options in the market, though both have been praised for their great utility. Here’s how they compare.

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SushiSwap Trading Activity Doubles In June

The SushiSwap ecosystem doubled in June after the SEC launched several lawsuits against Binance and Coinbase. Following these lawsuits, millions of dollars worth of assets were removed from both exchanges, and alternatives like SushiSwap gained widespread traction. In total, trading activity on SushiSwap increased from $100 million to $200 million, with thousands of new investors using the platform.

This rapid increase in users allowed SushiSwap to quickly recover from its price crash, which took SushiSwap tokens to $0.555. At the time of writing, SushiSwap is now trading at $0.6923 and its daily trading volume hit $20 million.

With the demand for decentralized options continuing to grow, SushiSwaps popularity and user base is predicted to expand. This will likely cause SushiSwap tokens to increase in value and as a result many analysts are bullish about SushiSwap.

Experts predict that SushiSwap could hit $1 in 2023, while some believe it could increase further, potentially hitting $1.20. However, some analysts believe that the arrival of Tradecurve could slow down SushiSwaps development. Here’s why.

Tradecurve Could Disrupt The DeFi Exchange Market

Although it’s still a new project, Tradecurve could disrupt the entire exchange market. Its innovative new hybrid exchange offers the best of decentralized exchanges, with the best of centralized exchange to create an ultimate trading experience.

Investors using Tradecurve will be able to trade a wide range of assets including traditional asset classes. These can be traded using crypto as collateral and will include CFDs, commodities, stocks, forex options and more. This is a huge advantage over current decentralized exchanges like SushiSwap, which only focuses on DeFi asset classes.

Tradecurves’ innovative new concept has already proven to be a big hit throughout the DeFi space. The project has attracted 13,000 users and raised over $3 million after selling out during three presale stages. This traction has put Tradecurve in the spotlight of many crypto whales.

While its wide range of assets are a key selling point, Tradecurve will also provide a number of additional features to stand out from the crowd. Investors will be able to trade anonymously with self-custody wallets and leverage of 500:1 will be in place for a smooth trading experience.

Additionally, Tradecurve has developed a unique Metaverse trading academy. The academy will help investors build their trading knowledge, helping them to build strategies, maximize profits and minimize risks.

During its presale, Tradecurve’s native token, TCRV, has increased in value by 80% and is now trading at $0.018. TCRV tokens have been compared to the Binance ICO in regards to their potential, with many experts predicting returns of over 50x.

As Tradecurve’s momentum continues to build, market analysts believe that it’s a matter of time until Tradecurve overtakes projects like SushiSwap, potentially revolutionizing DeFi trading within the next few years.

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• Source: https://thecryptobasic.com/2023/07/07/battle-for-defi-dominance-sushiswap-vs-tradecurve-who-wins/?utm_source=rss&utm_medium=rss&utm_campaign=battle-for-defi-dominance-sushiswap-vs-tradecurve-who-wins