Uniswap vs Sushiswap - Which is better?

fortebettor

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Quote from: stomachgrowls on February 12, 2021, 03:46:50 PM

Uniswap

Market Cap
$7,026,652,183

Volume
24h
$1,410,190,570

Sushiswap

Market Cap
$2,106,582,314

Volume
24h
$900,702,420

Base up on numbers then its clear on where people is likely to hang out but with those daily
volumes then you can still presume out that anywhere of these two is a best choice.
I just love the simplicity of Uniswap though.

After all, these numbers can be fooled . How many exchanges have cited this data//

//

This whole sushiswap sounds like the name of some Turk's kebab. Better not risk your funds . Uniswap seems to be legal.

Clement Kaliyar

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It is a detailed article but you should include the risk involved as well, i am yet to dig into the DeFi world and i know that some have gained a substantial profit in a short period of time but i am skeptical because of the high risk and i still feel it is just a pump and dump market as we clearly saw the drama surrounding Sushiswap and how the price was manipulated in a day. I might look into both and then decide on how to proceed.

noormcs5

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Quote from: JahriMeayer on February 11, 2021, 02:07:20 PM

I found uniswap more reliable over sushi.uniswap is good enough for trading without hesitation.on the contary, haven't tried sushi platform yet but can't forget about the day when sushi incredibly dump and many people lost their money.although sushi platform is developed themselves than before but most of people already lost trust on sushi and don't interested to go sushi platform for trading anymore, so i would support uniswap

Uniswap is the most stable and oldest platform and i prefer it over other new dexes. Recently 1inch caught my attention as it has some more features which are not available in uniswap. I think you can choose between uniswap and 1inch platform and avoid Sushiswap.

xzone

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Uniswap is much more popular right now, both in market cap and volume. Sushiswap is already a fork of Uniswap, so use of Uniswap is more than Sushi yet. But this may change in the coming months. If the fees do not change, small investors will not be able to use these systems, currently the gas fee is very high.
I'm not using Uniswap

ice18

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Of course Im into original idea, what SUSHISWAPs only difference is the liquidity pool fees which they use SUSHI as a portion of rewards from providing liquidity but UNISWAP token has no function like this but who knows in the upcoming v3 UNI tokens will have a new usecase for its exchange more rewards to lps but overall I will always prefer UNI over others.

Davian144

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Merit: 578

Quote from: crabby on January 08, 2021, 06:03:21 PM

You never would have guessed that a unicorn and a cartoon roll of sushi would have so much in common. However, here we are with both Uniswap and Sushiswap dominating the DeFi market.

To highlight major differences between these platforms, I just published an article here.

Uniswap vs Sushiswap - The best swap exchanges

What do you guys think? For those people who have tried these different apps, which one was better for you?

Looking forward to the discussion!

Because as long as they are both in the swap service for new tokens, what I often use is Uniswap because I feel more comfortable and it is not difficult to use it even though sometimes the gas fees for transactions are very unnatural, but from the other side I like Uniswap instead of sushiswap.

makishart

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Quote from: blackened515 on February 12, 2021, 07:18:24 PM

Uniswap have the major advantage over sushi in terms of treading volume, liquidity pools, security standard, trustability and many more, although sushi is already doing the needful of the Dex but traders scared of the bad reputation sushi had created, to me it's just matters time for sushi to peak up if actually the defi hype will still be around the corner of the crypto space, which I doubt wouldn't stay for very but will die off sonner.

If we are seeing from the technical comparison and were having the same specification. Sushi was a forking from UNI and a member above us said the correct thing about that.
Sushi already made come back after the acquisition from the FTX. The traders are starting to use sushi again right now.
Im not sure if that will be die soon as any trend on crypto will remain forever. Do you know ICO? it's still exist till now.

blackened515

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Uniswap have the major advantage over sushi in terms of treading volume, liquidity pools, security standard, trustability and many more, although sushi is already doing the needful of the Dex but traders scared of the bad reputation sushi had created, to me it's just matters time for sushi to peak up if actually the defi hype will still be around the corner of the crypto space, which I doubt wouldn't stay for very but will die off sonner.

stomachgrowls

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Activity: 2856

Merit: 769

Uniswap

Market Cap
$7,026,652,183

Volume
24h
$1,410,190,570

Sushiswap

Market Cap
$2,106,582,314

Volume
24h
$900,702,420

Base up on numbers then its clear on where people is likely to hang out but with those daily
volumes then you can still presume out that anywhere of these two is a best choice.
I just love the simplicity of Uniswap though.

ipanks

hero member

Activity: 1610

Merit: 507

I have an experience using uniswap than sushiswap, so I prefer to choose uniswap. But with the gas fees did not become higher, I will stick on the cex to avoid paying the transaction's high fee. But uni and sushi token is available on some exchanges, so if you want to buy the token, you do not have to use their exchange to prevent high fees.

Iyeman

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Activity: 1183

Merit: 251

Quote from: Btc_1856 on February 12, 2021, 08:13:29 AM

I found Uniswap is better than Sushi but while using their transaction is quite high which many people are shifting from ethereum blockchain to BSC platform. Even the transaction BSC platform is kept increasing and we don't know why the fees for Eth blockchain is kept increasing.

Both were the same and the fees calculated by the blockchain, the fees of ethereum will be also following the price of ethereum at this moment. That being calculated by the gwei and when the price of ethereum increased a lot and that will give a direct impact to the fees and people must have paid more ethereum as the fees to the network.
I think that you don't even understand how it's working right now. The fees that applied to uniswap and sushiswap is not different.

Btc_1856

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Activity: 1540

Merit: 255

I found Uniswap is better than Sushi but while using their transaction is quite high which many people are shifting from ethereum blockchain to BSC platform. Even the transaction BSC platform is kept increasing and we don't know why the fees for Eth blockchain is kept increasing.

JahriMeayer

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Vave.com - Crypto Casino

I found uniswap more reliable over sushi.uniswap is good enough for trading without hesitation.on the contary, haven't tried sushi platform yet but can't forget about the day when sushi incredibly dump and many people lost their money.although sushi platform is developed themselves than before but most of people already lost trust on sushi and don't interested to go sushi platform for trading anymore, so i would support uniswap

Bitstar_coin

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To me i will go for uniswap because it seem more trusting than sushiswap, uniswap has a lot of support and users will huge liquidity, and again after the controversy that occurred with sushi am not so trusting with that project but perhaps that's a forgone issue now, however, uniswap is my choice.

Tstar

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Decentralized Asset Management Platform

Uniswap is better for me. It's the 'original' and I trust it more.

But in reality, I use both because the tokens I trade have different liquidity on both and sometimes a bigger trade could potentially impact the price.

FairUser

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To be honest, the dominance here over the DEX is a bit too ordinary as they both do well in this market, but personally i prefer uniswap. In this market DEX is not the top choice for everyone, but take the time to research and use to see the many interesting points of blockchain in this field.

Apostlekin$$$

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I've not used sushiswap before so I really can't tell, I don't expect anything new from the exchange though unless the transaction fee is now cheaper which is what's presently making uniswap a bad exchange, fees are way too high

Teraboy

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Quote from: ZaraCB on January 13, 2021, 01:19:07 AM

I have never traded on Sushuswap so can't talk about Sushuswap. However, I have traded on Uniswap a few times. It seems to me that decentralized exchange charges a higher fee when trading. I think CEX is better than DEX for bounty hunters like me. Price track cannot be done on DEX and buy / sell order cannot be given which is my most disliked.

the majority of people have experienced with UNI but they never try to use another swap like sushi. it has very good features but i do like more on sushi compared with uni. That's indeed uni is leading the swao market but in fact that if sushi was also offering very interesting stuff for us.
You can check dextool and you can track the transaction that happened in the swap service.

ZaraCB

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I have never traded on Sushuswap so can't talk about Sushuswap. However, I have traded on Uniswap a few times. It seems to me that decentralized exchange charges a higher fee when trading. I think CEX is better than DEX for bounty hunters like me. Price track cannot be done on DEX and buy / sell order cannot be given which is my most disliked.

Ridwan Fauzi

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Activity: 1330

Merit: 147

I guess most people will use UNISWAP just because they came first and became the pioneering platform for decentralized exchange. More than that there are a lot of project who have been placed their coin on this platform.

That is the most concern for every decentralized user when using DEX. As for the fee transaction, I guess there is no different between Uniswap and Sushiswap. Both of exchange will charge the same amount for fee per transaction.

Topic: Uniswap vs Sushiswap - Which is better? (Read 300 times)