SushiSwap (SUSHI)

SushiSwap is currently trading at $1.1358, after a price change of 3.51% in the last 24 hours.

Ranked as cryptocurrency #109 by capitalization today, SUSHI market cap is valued at $252,399,877. SUSHI trading volume reached $83,261,187 in the last 24 hours. We track cryptocurrency data live in real-time. Make your own forecast on SUSHI coin price prediction page.

What is SushiSwap?

SushiSwap is an AMM-based decentralized exchange running on the Ethereum network. The ecosystem enables users to Swap tokens, borrow and lend, earn farming yields in a community-driven ecosystem. Automatic Market Makers is a DeFi tool enabling DEX to leverage smart contracts in offering yield mining services in various token pairs. AMMs does not operate an order book but addresses liquidity challenges via a liquidity pool.

SushiSwap’s Kashi Lending and leverage markets for miners to earn elastic interests or build personalized markets. BentaBox supports on-chain mini Decentralized applications, while users can earn governance rights and 0.05% in all swaps from all chains in a single interface with xSUSHI staking.   

SUSHI is the native token of SushiSwap. 127,244,443 SUSHIs are circulating, a total supply of 238,241,341, and a hard cap of 250,000,000. SUSHI currency is minted at a rate of 100 per block. SushiSwap charges 0.03% fees in all transactions in a liquidity pool and uses its primary token to reward users with part of the collected fees.

The co-founders at SushiSwap are pseudonymous individuals; Chef Nomi, SushiSwap, and Maki. The DEX debuted in 2020.