SushiSwap has integrated Chainlink prices into Ethereum and Binance Smart Chain

The measure seeks to secure Kashi's loan and margin trading markets

The DeFi platform and decentralized exchange, SushiSwap, has promoted the new system of loans and margins called Kashi, and according to information provided by the owners, it is the only tool that has the required structure to support a wide spectrum of token pairs.

In this sense, SishiSwap has proposed the ​​integration of Chainlink prices to this system with the intention of providing the various markets that make up Kashi with updated asset transactions with greater precision. In this way customers will be able to create personalized markets to request and make loans and also guarantee DeFi digital assets.

Competition increases

In the midst of the popularity that decentralized exchanges have acquired, SushiSwap is not the only option in the market since day by day the demand continues to grow.

Such is the case of PancakeSwap who at the beginning of the month surpassed the daily trading volume compared to the top ten centralized exchanges, in approximately 24 hours.

Simultaneously, BSC’s native DEX recorded a trading volume of $ 3.21 billion. The increase in volume was almost three times the amount traded on Uniswap, about $ 1.14 billion.

K.Villarroel

Source: beincrypto

You might also like