Sushi (SUSHI)

$ 0.0000000

Market Cap Volume Last Trade

Sushi Details

Built On Launch Date Proof Type Max Supply Circulating Supply Website
0 0 NO
Platform Block Reward Block Time Block Number Net Hashes Per Sec Sushi
0 0 Trade

Sushi (SUSHI) price today is $0.0000000 USD. Trading volume was 0.00 SUSHI in the last 24 hours. Current market cap of Sushi is $0 USD. Sushi has a circulating supply of 0 SUSHI coins out of a maximum supply of 0 SUSHI coins.

An In-Depth Look at SushiSwap (SUSHI)

What is SushiSwap (SUSHI) and how does it work?


SushiSwap (SUSHI) is a decentralized cryptocurrency exchange that was launched on August 28, 2020. It operates on the Ethereum blockchain and is a fork of the popular DeFi protocol, Uniswap. SushiSwap allows users to trade cryptocurrencies directly from their wallets, without the need for an intermediary. This is made possible through the use of smart contracts on the Ethereum blockchain.

SushiSwap differentiates itself from other decentralized exchanges (DEX) by providing a platform for yield farming. Users can stake their SUSHI tokens in liquidity pools to earn rewards. The SUSHI token also gives holders governance rights, allowing them to vote on proposals and changes to the platform's protocol.

Technical Aspects

SushiSwap operates on an Automated Market Maker (AMM) model. Unlike traditional exchanges that use an order book to match buyers and sellers, AMMs use a liquidity pool that's filled with funds provided by users (liquidity providers). When trades are made, the pool's balance shifts, and prices adjust based on the ratio of the two tokens in the pool.

In return for providing liquidity, providers earn a portion of the trading fees generated by the platform. Additionally, they earn SUSHI tokens, which can be staked to earn additional rewards.

SushiSwap introduced a unique feature called "SushiSwap Onsen," which is a special type of liquidity pool that offers high rewards for specific token pairs. This feature is designed to attract liquidity for new or less popular tokens.


SushiSwap was launched by an anonymous developer known as Chef Nomi. However, following controversy over the developer's withdrawal of $14 million worth of ETH from the development fund, control of the project was transferred to Sam Bankman-Fried, the CEO of cryptocurrency derivatives platform FTX.

Since then, SushiSwap has been maintained and developed by a decentralized team of contributors. The project is also supported by a community of users who contribute to decision-making through the protocol's governance mechanism.

It's worth noting that SushiSwap doesn't have any formal partners or investors due to its decentralized nature. However, the project has managed to attract liquidity and users due to its innovative features and high yield farming rewards.



SUSHI is the native utility token of the SushiSwap platform. It serves multiple purposes within the SushiSwap ecosystem. Users can earn SUSHI tokens by providing liquidity to the platform's pools. Once earned, these tokens can be staked to earn a portion of the platform's trading fees.

Moreover, SUSHI tokens also provide holders with governance rights. This means that SUSHI token holders can propose and vote on changes to the SushiSwap protocol.


Since its launch, SUSHI has exhibited significant volatility, a common characteristic of many DeFi tokens. Despite this, SUSHI has managed to maintain a strong market position among other DeFi tokens due to the platform's unique features and strong user base. As of the time of writing, SUSHI is among the top 100 cryptocurrencies by market capitalization.

In conclusion, SushiSwap is a prominent player in the DeFi space, offering an innovative model for decentralized trading and yield farming. Despite its somewhat controversial beginnings, the project has shown resilience and continues to evolve, driven by a decentralized team of contributors and a robust community of users.

How Does SushiSwap (SUSHI) Make Money?

SushiSwap (SUSHI) is an innovative decentralized cryptocurrency exchange based on the Ethereum blockchain. It's known for its innovative approach to automated market making (AMM) and liquidity provision. How does it generate revenue? Let's delve into the specifics.

Transaction Fees

The primary source of revenue for SushiSwap is transaction fees. Every time a user makes a trade on the platform, a small fee is charged. This fee is typically 0.3% of the transaction value. These fees are not pocketed by the platform; instead, they're distributed among the liquidity providers of the platform. This incentivizes more users to provide liquidity to the platform, which in turn, increases the volume of trades and the total revenue generated through fees.

Yield Farming

SushiSwap also earns revenue through yield farming. In this process, users stake their SUSHI tokens in return for rewards. These rewards are generated from the transaction fees collected by the platform. The more SUSHI tokens a user stakes, the larger their proportion of the rewards. This mechanism encourages users to hold onto their tokens and participate in the platform's governance, which can increase the overall value of the SUSHI token and generate more revenue for SushiSwap.

How Can I Make Money with SushiSwap?

Making money with SushiSwap involves understanding the platform's core mechanisms and taking advantage of its unique features. Here are some methods to profit from SushiSwap.

Trading Cryptocurrencies

Like any other cryptocurrency exchange, you can make money on SushiSwap by trading cryptocurrencies. The platform supports hundreds of different tokens, and you can earn profits by buying low and selling high. However, it's important to note that trading involves risk and requires a good understanding of the cryptocurrency market.

Providing Liquidity

One of the unique aspects of SushiSwap is its liquidity provision feature. As a liquidity provider, you deposit your tokens into a liquidity pool, and in return, you receive a portion of the transaction fees generated by the platform. The more liquidity you provide, the larger your share of the fees. This can be a profitable venture, but it also comes with risks, such as impermanent loss. Therefore, it's crucial to understand these risks and manage them effectively.

Staking and Yield Farming

Another way to earn money with SushiSwap is through staking and yield farming. You can stake your SUSHI tokens in return for rewards, which are a portion of the transaction fees collected by the platform. The more tokens you stake, the larger your rewards. Additionally, you can participate in yield farming by staking LP tokens to earn additional SUSHI tokens. This can provide a steady stream of passive income, but it also requires a substantial initial investment.

Participating in Governance

Finally, by holding SUSHI tokens, you gain the right to participate in the platform's governance. This means you can vote on important decisions, such as changes to the platform's fee structure or the addition of new trading pairs. While this doesn't directly generate revenue, it can increase the value of your holdings if your decisions lead to improvements in the platform.

In conclusion, SushiSwap offers several ways to make money, from trading and providing liquidity to staking and governance. However, like all investments, these methods come with risks, and it's important to thoroughly research and understand these risks before getting involved.

How Can I Buy SushiSwap (SUSHI)?

Create an Account on Binance

To purchase SushiSwap (SUSHI), you first need to create an account on a cryptocurrency exchange that lists SUSHI. In this case, we recommend using Binance. Binance is one of the largest and most reliable cryptocurrency exchanges in the world. To create an account, simply visit their website and follow the instructions to sign up.

Verify Your Account

After creating your account, make sure to verify it. This process typically involves providing a copy of your ID and sometimes a recent utility bill to prove your address. Verification is essential as it ensures the security of your account and allows you to make withdrawals.

Secure Your Account

Keeping your account secure is of utmost importance in the world of cryptocurrency. Therefore, after verifying your account, it's recommended you set up two-factor authentication (2FA). This adds an extra layer of security to your Binance account by requiring you to enter a unique code from your smartphone each time you sign in or make a withdrawal.

Deposit Fiat Or Cryptocurrency

With your account set up and secured, you can now deposit funds. Binance allows you to deposit either fiat money (like USD, EUR, etc.) or cryptocurrency (like BTC, ETH, etc.).

Buy SushiSwap (SUSHI)

Now that your account is funded, you can purchase SushiSwap (SUSHI). Simply navigate to the SUSHI trading page on Binance, choose the amount you want to purchase, and click 'Buy SUSHI'.

Store Your SUSHI in a Secure Wallet

After purchasing SUSHI, it's crucial to move your coins to a secure wallet. Keeping your cryptocurrencies in an exchange wallet is generally not recommended due to potential security risks. Choose a wallet that suits your needs and transfer your SUSHI from Binance to that wallet.

For more detailed instructions on how to buy SUSHI, you can visit this comprehensive guide.

What are the Best Wallets for SUSHI?

Storing your SUSHI tokens in a secure and user-friendly wallet is crucial. Here are a few top-rated wallets that support SUSHI:

  1. MetaMask: This is a popular Ethereum wallet that supports all ERC-20 tokens, including SUSHI. It's available as a browser extension and offers a smooth user experience.

  2. Trust Wallet: This is a mobile wallet available for both Android and iOS. It supports a wide range of cryptocurrencies, including SUSHI, and is known for its user-friendly interface and high security.

  3. Ledger Wallet: If you prefer a hardware wallet, Ledger is one of the best options. It supports SUSHI and offers top-notch security by keeping your tokens offline and safe from potential hacks.

  4. Trezor: This is another reliable hardware wallet that supports SUSHI. It's a bit more technical than Ledger, but it offers a high level of security.

Remember, the security of your SUSHI tokens largely depends on the security of your wallet. Always keep your wallet secure and never share your private keys with anyone.

How Can I Find More SushiSwap (SUSHI) News?

Cryptocurrency enthusiasts who are interested in staying updated with SushiSwap (SUSHI) news can do so by visiting several online resources. These include the project's official website, its comprehensive whitepaper, and its social media platforms on Twitter and Reddit.

SushiSwap Website

The SushiSwap website is the primary source of information about the SUSHI token. Here, users can find detailed information about the project, how it works, and the team behind it. The website is also regularly updated with the latest news and developments related to SushiSwap.

SushiSwap Whitepaper

The SushiSwap whitepaper is a comprehensive document that details the philosophy, technology, and economics behind the SushiSwap project. It's a must-read for anyone seeking to understand the project's goals, its unique features, and how it aims to disrupt the DeFi landscape.

SushiSwap Twitter

SushiSwap's Twitter account is another great resource for staying updated on the project. The team regularly posts updates, announcements, and engages with the community. It's an excellent way to stay connected with the project and its developments in real-time.

SushiSwap Reddit

The SushiSwap subreddit is a vibrant community where users can discuss, speculate, and share news about SushiSwap. It's a great place to engage with other SushiSwap enthusiasts, ask questions, and share insights about the project.

Coins Similar To SushiSwap (SUSHI)

There are several other cryptocurrencies that operate within the same sphere as SushiSwap. Some of these include Bone ShibaSwap, 0x Protocol, Gnosis, and Balancer. Here's a brief introduction to each of them:

Bone ShibaSwap

Bone ShibaSwap is a decentralized exchange (DEX) that operates on the Ethereum network. Like SushiSwap, it allows users to trade tokens directly from their wallets. It's also part of the Shiba Inu project, which aims to create a decentralized ecosystem of financial tools. More information about Bone ShibaSwap can be found by visiting the provided link.

0x Protocol

0x Protocol is an open protocol that enables the peer-to-peer exchange of assets on the Ethereum blockchain. It's designed to serve as a building block that can be combined with other protocols to drive increasingly sophisticated dApps. To find more about 0x Protocol, please visit the given link.


Gnosis is a platform on Ethereum that allows you to create, trade, and hold assets. It offers a range of solutions for decentralized finance (DeFi) and decentralized autonomous organizations (DAOs). Interested readers can find more about Gnosis at the linked page.


Balancer is an automated portfolio manager and liquidity provider on Ethereum. It allows anyone to create or add liquidity to customizable pools and earn fees. It's a protocol that provides DeFi users with automated portfolio management and liquidity provision. More about Balancer can be discovered through the linked resource.

Sushi Markets

Rank Exchange Country Coin Types Fees Trade
1 Hong Kong 287 Currencies including SUSHI 0.04% - 0.4% More info
2 US 241 Currencies including SUSHI 1,49% > 3,99% More info
3 Cayman Islands 366 Currencies including SUSHI 0,10% More info
4 Singapore 531 Currencies including SUSHI Varies More info

Sushi Price Chart