$UNI Moves The Goalposts Higher, Will $SUSHI Follow?

FEB 01, 2021 • 3 Min Read

Ashwath Balakrishnan Ashwath Balakrishnan
Disclosure: Delphi Ventures and members of our team hold positions in UNI and SUSHI. This is stateme

TLDR: We believe a relative value trade may be in play here and have taken a SUSHI position accordingly.

The circulating market cap of leading DEX protocols has 4.4x’ed over the past 30 days as the trading volume they facilitate has risen along with them.

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