The SUSHI token seems to be performing tremendously, jumping to higher levels today.
The 24-hour period of carrying coins developed by SushiSwap rose 35% to $ 2.10 at the time of writing.
Indirectly, SUSHI managed to rival the performance of Bitcoin (BTC) and Ethereum (ETH) as both major assets declined within 24 hours after correction as a result of the excessive futures market.
Yesterday the futures market for BTC and ETH, including other major cryptocurrencies was clearly overleveraged.
The 24-hour SUSHI leap is also seen driven by SushiSwap's announcement to join Yearn.finance (YFI) to create key synergies.
The news was conveyed by YFI founder Andre Cronje on November 30, explaining that the decision was aimed at further developing the AMM ecosystem and Yearn focused on expanding their strategy.
The leap also explains SushiSwap plans to launch several new products that will differentiate it from automated market developers on the Ethereum DeFi platform.
Now the total value locked in DeFi reached $ 14 billion, recording the latest all-time high (ATH) record after a sharp decline in September and November also spurred the SUSHI price spike.