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SushiSwap Leadership Transition: McCurry Acquires 10M SUSHI Tokens Amid TVL Challenges

SushiSwap Leadership Transition: McCurry Acquires 10M SUSHI Tokens Amid TVL Challenges

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CoinOtag logoCoinOtagDecember 1, 20251 min read
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SushiSwap's leadership transition involves Synthesis founder Alex McCurry acquiring over 10 million SUSHI tokens and taking control on December 1, 2025. This shift comes amid a 99% drop in total value locked to $101.79 million and low revenue, aiming to revive the struggling decentralized exchange. SushiSwap TVL has fallen 98.7% from $8 billion in 2022 [...]

locked to $101.79 million and low revenue, aiming to revive the struggling decentralized exchange. SushiSwap TVL has fallen 98.7% from $8 billion in 2022 [...]