SushiSwap Appoints Alex McCurry as Head Amidst TVL Decline

SushiSwap has undergone a leadership change, appointing Alex McCurry as its new head. The shift comes amid a significant decline in Total Value Locked (TVL), which plummeted from $9 billion in 2021 to just $106.5 million at the end of December 2025. McCurry’s appointment follows his purchase of over 10 million SUSHI tokens, granting him control over the protocol. McCurry expressed excitement about joining SushiSwap, emphasizing the need for strong execution and a robust roadmap to capitalize on the platform’s potential.