Last mentioned: Mar 21, 2026
Market Cap Milestone
SushiSwap market capitalization stabilizes at $57.39 million amid broader DeFi market consolidation.
Sushi Labs Transition
A governance proposal passes to move development under the 'Sushi Labs' entity, shifting away from a pure DAO model.
Jared Grey Appointed
The community elects Jared Grey as 'Head Chef' to lead the protocol through a restructuring phase.
SushiSwap Launch
Protocol launches as a fork of Uniswap, initiating the 'vampire attack' to migrate liquidity.
SushiSwap (SUSHI) has reached a market capitalization of $57.39 million, reflecting a period of stabilization for the veteran decentralized exchange. This milestone comes as the protocol continues its transition toward the 'Sushi Labs' model and navigates a highly competitive automated market maker landscape.