SushiSwap price

in USD
$0.71950
+$0.011300 (+1.59%)
USDUSD
Market cap
$138.65M #143
Circulating supply
192.79M / 284.31M
All-time high
$23.4410
24h volume
$50.55M
3.5 / 5
SUSHISUSHI
USDUSD

About SushiSwap

DeFi
Official website
Github
Block explorer
CertiK
Last audit: 25 Aug 2021, (UTC+8)

SushiSwap’s price performance

3 months
+33.36%
$0.53950
30 days
+17.35%
$0.61310
7 days
+16.08%
$0.61980
Today
+1.59%
$0.70820

SushiSwap on socials

Jeremy
Jeremy
Pumpfun token $PUMP just hit $6B FDV Already over 40,000 holders with $1.5B in volume since launch Still wondering if we're getting an airdrop or not, but at least the launch wasn't bad Let's see what happens next
Show original
5.13K
77
Leshka.eth ⛩
Leshka.eth ⛩
Bitcoin DeFi got a major upgrade today @USDT0_to is now LIVE on @rootstock_io bringing unified stablecoin liquidity to Bitcoin's most secure DeFi layer USDT0 delivers 1:1 backed real USDT with zero bridge risk, powered by LayerZero's OFT standard Users can instantly transfer from 10+ chains directly to Rootstock, secured by 81% of Bitcoin's hashrate with 60% lower fees Rootstock just leveled up with unified stablecoin liquidity - no more dealing with fragmented pools across chains Now it has unified USDT flow from Ethereum, Arbitrum, Base straight into Bitcoin DeFi This accelerates entire sector DEXs like Sushi get deep stable liquidity pools. Lending protocols can offer USDT at real scale Yield farming becomes viable with actual stable assets. Institutional money flows in seamlessly With $180M current TVL, USDT0 infrastructure, and 100% uptime since 2018, Rootstock is positioned to capture the Bitcoin DeFi explosion The question isn't if Bitcoin DeFi will boom. It's which ecosystem captures the flow first. Rootstock just made its move
Rootstock
Rootstock
Another building block for Bitcoin DeFi is here. @USDT0_to is now live on @rootstock_io, bringing native stablecoin liquidity to Bitcoin’s DeFi layer.
Show original
3.67K
14
rich 🥦
rich 🥦
$OP long blast.. $Sushi blast.. Need Eth to send here.
Show original
2.18K
0

Guides

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SushiSwap FAQ

Currently, one SushiSwap is worth $0.71950. For answers and insight into SushiSwap's price action, you're in the right place. Explore the latest SushiSwap charts and trade responsibly with OKX.
Cryptocurrencies, such as SushiSwap, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.
Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as SushiSwap have been created as well.
Check out our SushiSwap price prediction page to forecast future prices and determine your price targets.

Dive deeper into SushiSwap

Decentralized finance (DeFi) platforms offering innovative solutions are gaining prominence as the sector continues to evolve. SushiSwap, an exemplar of this dynamic, has surged in popularity with its unique features and community-driven approach.

Primarily a decentralized exchange (DEX), SushiSwap also facilitates the automated trading of cryptocurrency assets using smart contracts built on the Ethereum blockchain.

What is SushiSwap

SushiSwap is a DEX that operates on the Ethereum blockchain. As an automated market maker (AMM), SushiSwap enables users to trade cryptocurrencies against liquidity pools by interacting with smart contracts on the platform. The platform's native token, SUSHI, is integral to its operations, serving purposes such as governance and providing rewards within the SushiSwap ecosystem.

The SushiSwap team

The development of SushiSwap was led by Chef Nomi, who chose to remain anonymous. Chef Nomi faced controversy when $14 million worth of SUSHI was removed from the project's treasury, only to be returned later.

After Chef Nomi's departure, temporary control of SushiSwap was entrusted to Sam Bankman-Fried, the former CEO of FTX exchange. Eventually, control was handed over to a group of community-selected individuals.

Notably, SushiSwap announced a merger with Yearn Finance, led by Andre Cronje, indicating a collaborative effort to harness the strengths of both platforms.

How does SushiSwap work

SushiSwap operates through a set of smart contracts on the Ethereum blockchain, facilitating direct peer-to-peer (P2P) trading and providing liquidity pools users can contribute to. The platform consists of the SushiSwap exchange, allowing traders to swap tokens directly from their wallets, as well as SUSHI tokens, which are earned by liquidity providers and can be staked for rewards and participation in governance.

SUSHI price and tokenomics

SUSHI is an ERC-20 token with a total supply of 250 million, expected to be fully minted by the end of 2023. SUSHI holders can lock their tokens in SushiSwap’s liquidity pools, earning SushiSwap Liquidity Provider (SLP) tokens in return. The liquidity pools collect a 0.25 percent fee from trades, contributing to the growth of the pool’s funds and increasing the value of SLP tokens.

SUSHI use cases

SUSHI serves multiple essential functions within the SushiSwap ecosystem. As the governance token, it empowers holders to actively participate in voting on proposals that shape the platform's future. Additionally, users can stake their SUSHI to earn a share of trading fees, incentivizing them to contribute liquidity to the platform. Moreover, stakers are eligible to receive a percentage of every NFT trade conducted on SushiSwap's NFT marketplace, further enhancing their earning potential and engagement within the ecosystem.

Distribution of SUSHI

SUSHI tokens were distributed as follows:

  • 60 percent: Set aside for the initial liquidity mining program
  • 20 percent: Held by the SushiSwap treasury
  • 10 percent: Given to the team and advisors
  • 10 percent: Reserved for community grants

SushiSwap’s future expansion plans

SushiSwap currently supports only Ethereum-based tokens, but the team has ambitious plans to expand to other blockchains in the future. The team is also actively developing new features for the exchange, with lending and borrowing, derivatives trading, and non-fungible token (NFT) trading among the exciting additions in progress.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

OKX does not provide investment or asset recommendations. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition. Please consult your legal/tax/investment professional for questions about your specific circumstances. For further details, please refer to our Terms of Use and Risk Warning. By using the third-party website ("TPW"), you accept that any use of the TPW will be subject to and governed by the terms of the TPW. Unless expressly stated in writing, OKX and its affiliates (“OKX”) are not in any way associated with the owner or operator of the TPW. You agree that OKX is not responsible or liable for any loss, damage and any other consequences arising from your use of the TPW. Please be aware that using a TPW may result in a loss or diminution of your assets. Product may not be available in all jurisdictions.
Market cap
$138.65M #143
Circulating supply
192.79M / 284.31M
All-time high
$23.4410
24h volume
$50.55M
3.5 / 5
SUSHISUSHI
USDUSD
Easily buy SushiSwap with your AUD