SushiSwap price

in USD
$0.77540
-$0.06650 (-7.90%)
USD
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Market cap
$150.05M
Circulating supply
192.79M / 285.2M
All-time high
$23.4410
24h volume
$47.21M
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

12% better than the stock market
Past year
+22.01%
$0.64
3 months
+19.82%
$0.65
30 days
+26.84%
$0.61
7 days
-10.28%
$0.86
60%
Buying
Updated hourly.
More people are buying SUSHI than selling on OKX

SushiSwap on socials

Crypto Patel
Crypto Patel
🚨 Infinex reaches a Total Value Locked (TVL) of $506.47M 🚨 - Strong investor confidence reflected in sustained capital inflow - Deep on-chain liquidity ensuring efficient trade execution Well-diversified asset base led by: $PATRON: $449.9M $USDC: $11.8M $ETH: $5.05M $PENGU: $2.95M $SUSDE: $2.66M This @infinex TVL milestone confirms Infinex’s growing dominance and rising institutional and retail adoption in the DeFi ecosystem.
Tim Haldorsson
Tim Haldorsson
Anoma has built a strong ecosystem that is connected to their web3 0S stack Below is a deep dive into the @anoma builder program and a short description of many of them.
zerokn0wledge.hl 🪬✨
zerokn0wledge.hl 🪬✨
Anoma Ecosystem Overview Far beyond 100 teams joined @anoma's builders program that was launched earlier this year for devnet builders. End of March, Anoma then chose a first cohort of teams to be part of the "Intent Initiates". This includes a total of 23 projects, building apps, infrastructure, solver systems, and much more. Let's have a look: - Encifher: Creates a compliant privacy engine for DeFi that enables dApps to add confidential computation features, and plans to use Anoma to build a confidential DEX. - T+: A decentralized brokerage that will use Anoma to research and create custom settlement models for exotic financial products. - Adamik: Provides a chain-agnostic API for enterprises to connect with blockchains and will extend this API to allow for reading and writing intent-based transactions. - Epoch Protocol: Acts as a universal coordination layer that deconstructs user intents into smaller parts and coordinates AI agents and solvers to find the best solution. - Fairblock: A decentralized computer for secure confidential computations that will work with Anoma to create a customizable, user-controlled confidential auction system. - Tetrics: An intent-based options liquidity layer that aims to enable trading without capital loss and leverage without liquidation, using Anoma to build a private options exchange. - MetaSig Wallet: Develops wallet technology that allows users to seamlessly initiate, sign, and verify intents directly from their wallet to improve DeFi user experience. - Orda: A payment orchestration company that will use Anoma's architecture to build a more efficient, API-based payment system leveraging novel solver techniques. - Predicate: Provides censorship-resistant infrastructure for creating on-chain rules, allowing Anoma solvers to apply custom risk management and compliance checks before executing orders. - Knowable: A team of network operators that will enhance the Anoma ecosystem by providing analytics, educational materials, and community tools like a new intent explorer. - Sprinter: An interoperable intent execution engine designed to make multi-chain interactions feel seamless, which will contribute to Anoma's initial solver technology. - Max Lomu: A project developing a no-code platform that allows non-technical users to deploy their own autonomous, non-custodial solvers by simply selecting from a list of modules. - Concordance: Develops tools to help developers build transparent, serverless applications that can easily interface with data across the application stack. - Linera: A protocol using "microchains" for low-latency interactions that is collaborating with Anoma to research ways to incorporate Anoma's Resource Machine into its architecture. - TerraTwin: A platform that creates verifiable ecological credits by linking physical landscapes to digital twins, using Anoma's Resource Machine to manage tokenized environmental assets. - Any: A private communication network that will use Anoma's intent layer to allow unknown parties to connect and make deals securely and privately. - Fluton: A gateway for instant cross-chain swaps that will use Anoma's generalized intents to enable more complex actions like cross-chain NFT swaps. - HeyElsa: An AI agent hub that simplifies crypto asset management using natural language and is exploring using Anoma's infrastructure to efficiently solve user intents. - Mycel: Building the first privacy-preserving, cross-chain order book DEX, which is powered by Anoma's intent-centric architecture for seamless trading. - Poetic Technologies: Develops secure software and hardware for Trusted Execution Environments (TEEs) and is exploring how to use Anoma's resource machine to enhance its tools. - Reppo: A resource coordination layer for AI developers to access capital and datasets by expressing intents, using Anoma to settle these intents between different parties. - Spicenet: A composable liquidity layer for trading applications that consumes orders as intents and uses Anoma's network to find optimal routes for fulfillment. - SwissDAO: Creating a generalized framework for intent-based matchmaking across diverse domains like jobs and gaming, using agentic systems and Anoma's model to make matching more efficient. Are you paying attention yet anon?
Token Metrics
Token Metrics
Set custom alerts for AI trading signals, price moves and price changes. Delivered instantly via Token Metrics Alerts: 📩 Email 📱 Telegram 💬 Slack 📞 Discord 💻 Push Notifications Set your alerts once and trade with confidence. 🧵⤵️

Guides

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SushiSwap FAQ

Currently, one SushiSwap is worth $0.77540. 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.

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Market cap
$150.05M
Circulating supply
192.79M / 285.2M
All-time high
$23.4410
24h volume
$47.21M
3.5 / 5
SUSHISUSHI
USDUSD
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