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xSUSHI can be traded using Coinbase Wallet, your key to the world of crypto.

About xSUSHI

Sushi is a decentralized community-driven organization. The community aims to build a comprehensive, decentralized trading platform for the future of finance. Sushi allows swapping, earning, stacking yields, lending, borrowing, and leveraging all on a single platform.

According to its whitepaper, Sushi is designed to solve what one knows as the 'liquidity problem.' Liquidity is the ease of transforming security or asset into ready cash without influencing the market price. So, liquidity problem can be defined as the inability of different types of liquidity to associate with markets in a decentralized manner. While other solutions offer gradually developing advances toward solving the problem of liquidity, Sushi aims to create a wide range of network effects, rather than limiting to a single solution. In simple terms, the platform combines many decentralized tools and markets to solve the liquidity problem.

The Sushi platform offers certain products and tools. These include a decentralized lending market, a decentralized exchange (DEX), yield instruments, and staking derivatives. Firstly, Sushi has a multi-chain AMM offering competitive rates for Decentalized Finance(DeFi) blue chips. An Automated Market Maker or AMM offers liquidity to the exchange where the system operates through automated trading. Next comes Kashi, an isolated lending market with flexible interest rates. Another important tool of Sushi is the BentoBox, a vault holding tokens and generating yield from strategies and flash loans for any protocol built on top of it. Equally important is Onsen Program, which helps accelerate the project while finding good yields anywhere in DeFi. Last but not least, xSUSHI staking helps to earn governance rights and a fraction of all swaps from all chains at one place. All Sushi's products are configured to allow the whole platform to maintain decentralized governance of SUSHI token holders while resuming to innovate on the collective foundations by design.

Coming to the native token, xSUSHI (XSUSHI) empowers the platform. XSUSHI is akin to the SushiSwap's Liquidity Provider (SLP) tokens, which users receive in exchange for staking SUSHI tokens in the ‘SushiBar’- the staking patform. Liquidity Provider (LP) tokens are tokens issued to liquidity providers on a DEXand operate on AMM protocol. When users make trades on the SushiSwap exchange, a fee is charged. The xSUSHI token gets value from platform fees. A portion of the fee is added to the SushiBar pool in LP tokens.

Market

Brazil Market Stats

Market cap

R$89.6M

Volume (24h)

R$29,122.28

Circulating supply

12.4M XSUSHI

All time high

R$174.96

Brazil Market performance

Price change (1h)

0%

Price change (1d)

+7.64%

Price change (1w)

+1.11%

Price change (2w)

+3.3%

Price change (1m)

-36.75%

Price change (1y)

+0.71%

Brazil News about xSUSHI

DL News • May 03, 24

Fidelity says pensioners are starting to explore crypto in $4.7tn opportunity

Pension plans are “starting to talk to their investment committees” about crypto assets, said Manuel Nordeste, vice president at Fidelity Digital Assets.

Read more

News Article Image

BeInCrypto • May 03, 24

Crypto Experts Dive into SEC Impacts and Federal Monetary Policies

SEC's crypto stance and Fed moves could reshape the market. Experts offer contrasting views on the future of Bitcoin and Ethereum.The post Crypto Experts Dive into SEC Impacts and Federal Monetary Policies appeared first on BeInCrypto.

Read more

News Article Image

The Block • May 03, 24

Hong Kong’s spot ETFs experience decline in bitcoin inflows on second trading day

The three spot bitcoin exchange-traded funds in Hong Kong saw inflows of 174.73 BTC ($10.3 million) into the three products on their second trading day.

Read more

News Article Image

Unchained • May 03, 24

Jack Dorsey’s Block to Invest 10% of Bitcoin Profits Into BTC Purchases

Shares in the New York Stock Exchange-listed Block lifted 7.5% in after hours trade after the company reported better-than-expected first quarter earnings, and disclosed plans to fund more bitcoin purchases with a portion of its profits from bitcoin-related products. The company, formerly known a...

Read more

News Article Image

The Block • May 03, 24

What is technical analysis for crypto trading?

Understanding basic crypto trading analysis methods is a fundamental skill for any trader in the cryptocurrency market.

Read more

News Article Image

The Block • May 03, 24

FriendTech’s token launches for trading alongside airdrop claims and version 2 rollout

The token airdrop happened simultaneously with the launch of Friend.Tech’s v2, which offers users new features, such as "Clubs."

Read more

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xSUSHI is on the rise this week.

The current price is R$7.23 per XSUSHI with a 24-hour trading volume of R$29.12K. Currently, xSUSHI is valued at 95.87% below its all time high of R$174.96. This all-time high was the highest price paid for xSUSHI since its launch.

The current circulating supply of xSUSHI is 12,392,936.389 XSUSHI which means that xSUSHI has as total market cap of 12,392,936.389.

FAQ

What is the current price of xSUSHI?

We update our xSUSHI to BRL currency in real-time. Get the live price of xSUSHI on Coinbase.

What is the market cap of xSUSHI?

The current market cap of xSUSHI is R$89.60M. A high market cap implies that the asset is highly valued by the market.

What is the all time high of xSUSHI?

The all-time high of xSUSHI is R$174.96. This all-time high is highest price paid for xSUSHI since it was launched.

What is the 24 hour trading volume of xSUSHI?

Over the last 24 hours, the trading volume of xSUSHI is R$29.12K.

How many xSUSHI are there?

The current circulating supply of xSUSHI is 12 million.

Can I buy xSUSHI on Coinbase?

Yes, xSUSHI is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy xSUSHI guide.