SushiSwap to Overthrow Uniswap? FTX Owner Stages $1 Billion Liquidity Heist | Crypto Briefing

Key Takeaways

  • Uniswap pool liquidity dropped from $1.57 billion to less than $500 million as SushiSwap siphoned liquidity from Uniswap pools
  • A new proposal for SushiSwap by Bankman-Fried aims to supplement the ERC-20 token standard with Solana’s SLP tokens
  • SOL tokens jumped 45.8% on Sept. 9 as the successful migration of SushiSwap marked the first steps of the Serum and Solana integration

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