Total Value Locked
$420.0M
24h Volume
$85.0M
Swap Fee
0.30%
Chains Supported
6
About SushiSwap
SushiSwap began as a Uniswap fork in August 2020, famously launching with a 'vampire attack' that attracted billions in liquidity through SUSHI token incentives. Under the leadership of 0xMaki and later contributors, Sushi evolved into a comprehensive multi-chain DeFi platform operating on over 15 blockchains. Key innovations include SushiXSwap for cross-chain token swaps using LayerZero, Kashi isolated lending markets, and the xSUSHI staking mechanism where holders earn a portion of all trading fees platform-wide. Despite organizational challenges, SushiSwap remains a significant player in multi-chain DeFi.
Supported Blockchains
Features
Pros & Cons
Pros
- Available on 15+ chains
- Cross-chain swap capability
- Revenue sharing with SUSHI stakers
- Strong community governance
Cons
- Lower liquidity than top DEXs
- Complex token economics
- Historical leadership turbulence
Fee Structure
Swap Fee 0.30%
Maker Fee Free
Taker Fee 0.30%
Security & Info
Audited
Yes
Auditors
PeckShield Quantstamp
Governance SUSHI
Launch Date August 28, 2020