SUSHI
SUSHI

SushiSwap price

$0.52230
-$0.06160
(-10.55%)
Price change for the last 24 hours
USDUSD
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SushiSwap market info

Market cap
Market cap is calculated by multiplying the circulating supply of a coin with its latest price.
Market cap = Circulating supply × Last price
Circulating supply
Total amount of a coin that is publicly available on the market.
Market cap ranking
A coin's ranking in terms of market cap value.
All-time high
Highest price a coin has reached in its trading history.
All-time low
Lowest price a coin has reached in its trading history.
Market cap
$100.87M
Circulating supply
192,789,256 SUSHI
68.04% of
283,308,270 SUSHI
Market cap ranking
94
Audits
CertiK
Last audit: Aug 25, 2021, (UTC+8)
24h high
$0.58570
24h low
$0.51480
All-time high
$23.4410
-97.78% (-$22.9187)
Last updated: Mar 14, 2021, (UTC+8)
All-time low
$0.44610
+17.08% (+$0.076200)
Last updated: Aug 5, 2024, (UTC+8)

SushiSwap Feed

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The following content is sourced from .
Jared GreySmokey
Jared Grey and reposted
Marc, the Degen CEO of Polygon Labs (💜,⚔️, ※)
Marc, the Degen CEO of Polygon Labs (💜,⚔️, ※)
people have asked: “why do we need one deep liquidity pool on sushi as the core dex app on katana when dex aggregators can already route across multiple pools?” it’s a good question, but here’s why deep native liquidity still matters.👇 dex aggregators do a great job of finding best execution across fragmented liquidity. but they don’t solve the core problems caused by that fragmentation: – worse pricing due to slippage – poor UX from unpredictable routing – increased MEV risk – more gas costs when you concentrate liquidity into one deep pool, you dramatically reduce slippage—even for large trades. That’s critical for both traders and apps that rely on reliable execution. with fragmented pools, every hop adds cost and risk. aggregators route after price impact has occurred in each pool. they’re reactive. asingle deep pool is proactive—you get better quotes from the start. liquidity depth drives price efficiency. on katana, sushi as the core dex apps is designed to have natively integrated liquidity that’s deep by design. this means: – better execution without needing to aggregate – more predictable pricing – stronger UX for end-users – a foundation composable with everything else built on top it also simplifies design for other apps. instead of worrying about how to route or optimize for various liquidity sources, protocols can just tap into one deep source they trust. in short: DEX aggregators play an important role, especially cross-chain—but they can’t replace the benefits of deep native liquidity in a single pool. katana’s design with sushi as the core dex app focuses on building this foundation natively into the ecosystem. one deep pool = – better capital efficiency – sower slippage – easier integrations – less MEV – better UX fragmented liquidity will always be suboptimal. Aggregators patch, but deep pools solve. this is why i believe in the core app thesis. it’s not just a technical preference—it’s a strategic one. Let’s build the base layer right. This way, users win.
7.47K
58
Bitman
Bitman reposted
Bitman
Bitman
🚨 @KATANA PRE-DEPOSITS CLOSE IN 2 DAYS!! DEPOSIT NOW👇 Katana is absolutely smashing it — and the dojo’s heating up. ⚔️ - Pre-deposits close June 23 - Mainnet launches June 30 - Fully withdrawable by the end of June - Early & bigger deposits = better $KAT rewards - $167M+ TVL, with $11.5M deposited today - 2,200+ early depositors already in 📈 Momentum is real: – Stablecoins (USDC) dominate – TVL growing fast across all products – Clean UX + strong trust = early winner vibes Are you in?
Gallery 1
Bitman
Bitman
🚨Katana pre-deposits are closing soon — don’t miss out. 🥷 Unopened krates and unclaimed rewards will be distributed to early depositors ⏳ Rewards are based on time + amount staked — the earlier and larger, the better 🔥 Mainnet expected by end of month Secure your spot in the vault before it’s too late @katana
20.1K
4
Smokey
Smokey reposted
Picolas Cage
Picolas Cage
The Stablecoin Problem 👇 There's something fundamentally broken with the way stablecoins work in crypto today. The problem is yield - more specifically, yield you're not receiving. Stablecoin issuers such as Circle are making bank from crypto holders; it's unfair and exploitative. USDC in your wallet is representative of one dollar in the real world. Thus, USDC in your wallet is just a token that acts as an IOU. So what happens to your real dollar in real life? That dollar in the real world is taken and used to earn yield from off-chain U.S. Treasuries - this yield is then given to corporate shareholders.... Crypto users assume all risk: - Smart contract risk - Frozen assets - De-pegging events In return they receive the convenience of a tokenised dollar on the blockchain. Agora @withAUSD on @katana aims to fix this unfairness. Unlike typical stablecoins, $AUSD treasury yield doesn't go to corporate shareholders, it flows back to active DeFi users on @katana via boosted yield. The yield from off-chain treasuries directly boosts: ⚔️Lending markets (morpho) ⚔️Liquidity pools (sushi) This doesn't come with any caveats either, as $AUSD is minted natively on @katana, backed 1:1 by off-chain US treasuries and managed and custodied by @vaneck_us and @statestreet There's no synthetic risk, no rebasing BS and no bridging required. It's simple, secure and compliant. After learning about Agora and how it all works, I can't help but feel like this is the *only* way it should work. It just seems fair.
Gallery 1
14.21K
66
Jared Grey
Jared Grey
@katana's thesis is network-level real yield generation and distribution to active users. @SushiSwap will be the primary liquidity hub, and yield farming will be glorious. Better yet, it will be sustainable because the network reinvests it into its users. There will be no reason to farm and leave; there will be every reason to stay and continue earning real dollars, yield, and ROI.
6.92K
0
Sushi.com
Sushi.com
You degens - what’s the highest slippage you’ve ever set? Be honest. Good news: Sushi now warns you BEFORE and reminds you AFTER the swap. Swap Anything safely 🍣 👉 #DeFi #SushiSwap #DEX
Gallery 1
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SUSHI calculator

USDUSD
SUSHISUSHI
Buy SushiSwap

SushiSwap price performance in USD

The current price of SushiSwap is $0.52230. Over the last 24 hours, SushiSwap has decreased by -10.55%. It currently has a circulating supply of 192,789,256 SUSHI and a maximum supply of 283,308,270 SUSHI, giving it a fully diluted market cap of $100.87M. At present, SushiSwap holds the 94 position in market cap rankings. The SushiSwap/USD price is updated in real-time.
Today
-$0.06160
-10.55%
7 days
-$0.09900
-15.94%
30 days
-$0.24180
-31.65%
3 months
-$0.18240
-25.89%

About SushiSwap (SUSHI)

3.5/5
CyberScope
4.1
06/15/2024
TokenInsight
2.9
04/18/2023
The rating provided is an aggregated rating collected by OKX from the sources provided and is for informational purpose only. OKX does not guarantee the quality or accuracy of the ratings. 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, and can even become worthless. The price and performance of the digital assets are not guaranteed and may change without notice. Your digital assets are not covered by insurance against potential losses. Historical returns are not indicative of future returns. OKX does not guarantee any return, repayment of principal or interest. 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.
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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.

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SushiSwap FAQ

What factors can influence the price of SUSHI?

Some common factors include market demand and supply dynamics, overall sentiment towards cryptocurrencies, trading volume on exchanges, developments and updates related to the SushiSwap platform, partnerships, regulatory announcements, and broader market trends. 

How can I earn with SushiSwap?

With SushiSwap, there are several ways to potentially generate rewards. One method is providing liquidity to the platform’s liquidity pools, earning a portion of the trading fees generated by SushiSwap users. Alternatively, users can participate in yield farming, which involves staking their assets to earn additional tokens as rewards.

What is the SUSHI price prediction?
While it’s challenging to predict the exact future price of SUSHI, you can combine various methods like technical analysis, market trends, and historical data to make informed decisions.
How much is 1 SushiSwap worth today?
Currently, one SushiSwap is worth $0.52230. 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.
What is cryptocurrency?
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.
When was cryptocurrency invented?
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.
Will the price of SushiSwap go up today?
Check out our SushiSwap price prediction page to forecast future prices and determine your price targets.

Monitor crypto prices on an exchange

Watch this video to learn about what happens when you move your money to a crypto exchange.

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.

SUSHI calculator

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