SushiSwap’s longtime leader, Jared Grey, is stepping down after more than three years as Head Chef and Managing Director, he revealed on Monday, Dec. 1.

Sushi, a decentralized exchange (DEX) and a decentralized finance (DeFi) protocol built on Ethereum, currently boasts a total value locked of $106.5 million, down significantly from its all-time high of over $9 billion in November 2021, according to data from DeFiLlama.

Grey called his time at Sushi “exhilarating” in a post on X. He said that while he’s stepping down from his leadership role, he will remain involved as an advisor moving forward.

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