Su Zhu and Kyle Davies Stage a Comeback, Silvergate Bounces Back

Traditional markets are showing signs of fizzling out after a strong end to last week. The S&P 500 and Nasdaq 100 are relatively flat on the day, while the US Dollar and US Treasury Yields are showing modest declines. Crypto markets saw an impressive rally over the long weekend as BTC is now trading above $21k (+0.03%), and ETH is hovering just below $1.6k (-0.04%). The gains are not unique to the majors as the total crypto market cap has surpassed $1 trillion for the first time since early November. Jared Grey, the CEO of Sushi (SUSHI), released the DEX’s roadmap for 2023 in a blog post on Monday. The blog outlines the goal for Sushi to become the market-leading DEX focused on users, which will be achieved via launching a DEX aggregation router, improving tokenomics and DAO structure, and launching a decentralized incubator, Sushi Studios.