Sunday, December 22, 2024

SushiSwap Aggregator Outperforms Competitors in Latest Performance Report

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KEY TAKEAWAYS

  • SushiSwap’s performance report highlights its dominance in pricing, speed, and network reach over competitors like 1inch and OKX.
  • The platform outperformed competitors by up to 0.5% in swap pricing on key networks such as Ethereum and Arbitrum.
  • SushiSwap’s API response time is significantly faster, ensuring high-speed execution even during peak trading volumes.
  • Future plans include non-EVM integrations and the launch of a Developer Portal to enhance cross-chain liquidity aggregation.

SushiSwap has released a comprehensive performance report highlighting its dominance over competitors such as 1inch, Odos, and OKX. The report emphasizes SushiSwap’s superior pricing, fastest API response time, and extensive multi-chain coverage, reinforcing its position as a leading platform for seamless, high-performance swaps.

Competitive Edge in Pricing, Speed, and Network Reach

The report, which utilized a rigorous methodology including diverse token selection and real-world trade sizes, identified SushiSwap Aggregator’s leadership in three critical areas. In terms of swap pricing, SushiSwap outperformed competitors by up to 0.5% on key networks like Ethereum, Arbitrum, Blast, Cronos, and Gnosis. On major networks such as BSC, Base, Polygon, Optimism, Mantle, Scroll, Linea, and Fantom, SushiSwap maintained a strong position, trailing by less than 0.26%.

SushiSwap also led swap efficiency on 18 exclusive networks, including Core, Taiko, Rootstock, Kava, and Celo, offering unmatched liquidity optimization. The full data can be accessed here.

Fastest API Response Time and Extensive Multi-Chain Coverage

In terms of speed, SushiSwap’s API response time is five times faster than 1inch and nine times faster than Odos, enabling high-speed, low-latency execution even during peak trading volumes. This consistent performance across all supported chains ensures scalability for large trades and seamless partner integrations.

SushiSwap is live on 38 of 41 major networks, surpassing competitors and supporting comprehensive liquidity aggregation. In Q4 2024, SushiSwap added seven new networks, including Mantle, Taiko, zkSync Era, and ApeChain. The roadmap includes plans for non-EVM chain expansion, such as Solana and Aptos, to unlock cross-chain liquidity aggregation.

Growth and Future Plans

According to data from DefiLlama, SushiSwap’s volumes have surged from $100 million to over $400 million per month, achieving a 67.79% average month-on-month growth rate over the last three months. Looking ahead, SushiSwap plans to expand with non-EVM integrations, introduce advanced routing for optimized trades, and launch a Developer Portal in Q1 2025, offering APIs, SDKs, and early integration opportunities.

Jared Grey, Managing Director at Sushi Labs, stated, “We built SushiSwap DEX Aggregator to deliver one clear promise: Swap Anything – with the industry’s best performance.”


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Neel Kapoor
Neel Kapoor
Neel Kapoor is a dedicated cryptocurrency enthusiast and blockchain expert at Coinsholder.com. With over a decade of experience, Neel offers insightful analysis and commentary on the latest trends and innovations in the crypto space. His clear and concise writing makes complex topics accessible to all readers.

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