Uniswap versus Sushiswap – Which Platform is Better?

Sushiswap and Uniswap have brought the next revolution in swapping. In a centralized exchange, traders have to incur huge fees. Whereas on a DEX, they can bypass this odd. With that said, do you wish to swap your profits at a minimal cost this bull season? If your answer was a big yes then the above-mentioned exchanges are your go-to point. In this article, let’s find out the difference between Uniswap and Sushiswap. 

Key Differences Between Uniswap and Sushiswap

In order to better grasp the difference between both exchanges, here’s a cool table that portrays the main differences in numbers between Uniswap and Sushiswap. The below figures are as of November 5th, 2021.

Conclusion 

Uniswap has been old and renowned. Despite this fact, Sushiswap has the potential to catch up. Investors are looking for better returns. Sushiswap has introduced wrapped token concepts and yield farms to answer their calls. All of these processes make us wonder which one to pick. As of now, this could well be a tie between Uniswap and Sushiswap, but we are not sure about the future. 

Important Notes:

1. *A token with lower P/S is a better performer than a token with higher P/S. One thing to watch out for, the protocols must be the same to do the comparison.  In price to sales ratio, Sushiswap enjoys an upper hand over Uniswap. The reason for the same is because it owns 66% liquidity and over 55% of revenue. All these figures make Sushiswap a complete dominator over Uniswap. 
2. Judging by the equation of P/V, Sushi makes more money than Uni even at a low market cap. Despite this fact, investors likely connect more with Uniswap for being old. 
3. The P/V, the ratio identifies how the market is evaluating the protocol. Here, volume plays a key role. 

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