Sushi on Polygon

    Since its release, Polygon has seen a wave of DeFi protocols launch on the network, including Aave, Curve, Balancer, SushiSwap, and more. In this article we will look at the TVL and volume of the 10 largest sushi liquidity pools on Polygon

    Introduction

    SushiSwap is a software running on Ethereum that seeks to incentivize a network of users to operate a platform where users can buy and sell crypto assets. Similar to platforms like Uniswap and Balancer, SushiSwap uses a collection of liquidity pools to achieve this goal

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    What is Polygon? 🌐

    Polygon is a protocol and framework for building and connecting Ethereum-compatible blockchain networks. As many of us are aware, transacting on Ethereum can be costly to the average user when gas prices are high. Polygon offers fast and cheap transactions as a Layer 2 scalability solution to the Ethereum network, allowing users to experiment with DeFi without incurring substantial gas fees.

    Since its release, Polygon has seen a wave of DeFi protocols launch on the network, including Aave, Curve, Balancer, SushiSwap, and more.

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    The chart and table below show the volume of the top ten Sushiswap pools on the Polygon network. As it turns out, the largest volume of transactions was in the Wmatic/Titan pool.

    The chart and table below show the total volume locked of the top ten Sushiswap pools on the Polygon network. As it turns out, the largest volume of transactions was in the Wmatic/Titan pool.