Locked funds on UniSwap decreased by 45% in one single day, as the liquidity mining of UNI token stopped ten days ago. Today this rate is minus 60%, but it seems, the fall is over. But in the trading volume, no sign of a significant dip. Last 30 days the platform generated around 10 billion USD trading volume, compared with SushiSwap’s 1,4 billion. While SushiSwap absorbed the majority of withdrawn funds from UniSwap.
There is a possibility, it’s not all about the locked liquidity, but also need projects, and pools for trading. UniSwap have the advantage, more years, but in the cryptoverse, things could change fast. As we can see, the SushiSwap have some deficit in speed.