Between 21 March and the time of writing, activities on the SushiSwap [SUSHI] protocol remained increasingly steadfast. Surprisingly, this has been the case despite a recent revelation that the Automated Market Maker (AMM) could face the wrath of the ever-lurking SEC.

According to DeFi Llama, SUSHI’s TVL had increased by 12.04% on a monthly basis. The TVL is a metric used to measure the overall health of a protocol. The higher the TVL, the more asset a protocol had locked in its ecosystem.

However, SushiSwap resisted the expected drop in TVL as a result of SEC’s subpoena. Instead, the metric increased by another 2.83% in the last 24 hours. This means that 2020’s Uniswap [UNI] fork maintained a healthy level of unique deposits into the 24 chains under its belt.

(By Victor Olanrewaju)