SUSHI
SUSHI

SushiSwap price

$0.57300
-$0.00230
(-0.40%)
Price change for the last 24 hours
USDUSD

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
$110.47M
Circulating supply
192,789,256 SUSHI
68.04% of
283,308,270 SUSHI
Market cap ranking
--
Audits
CertiK
Last audit: 25 Aug 2021, (UTC+8)
24h high
$0.59220
24h low
$0.56840
All-time high
$23.4410
-97.56% (-$22.8680)
Last updated: 14 Mar 2021, (UTC+8)
All-time low
$0.44610
+28.44% (+$0.12690)
Last updated: 5 Aug 2024, (UTC+8)
How are you feeling about SUSHI today?
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SushiSwap Feed

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The following content is sourced from .
alphawolf
alphawolf
What is a Sequencer Fee and Why Katana’s Approach Matters It might seem like a small detail, but sequencer fees could have a big impact on your yield in DeFi and Katana is doing something radically different with them. When you transact on Layer-2 networks like Arbitrum or Optimism, you’re not interacting directly with Ethereum. Instead, a specialized node called a sequencer batches your transactions, processes them off-chain, and submits a proof back to Ethereum. Think of it like ride-sharing: the sequencer is the driver. You still pay a fee but it’s faster and cheaper than taking your own car on Ethereum. Here’s the kicker: In the last 12 months, sequencer fees generated: ~$73M for Base ~$19M for Arbitrum ~$7M for Optimism And most of that revenue stays with the team. Some share a bit with the community, but the lion’s share is team profit. Katana flips this model. 100% of net sequencer fees are redistributed back into its own DeFi ecosystem. Here’s how: 🔹 Boosting yield: Apps like Morpho and Sushi on Katana receive fee-derived incentives, boosting APRs for LPs and lenders. 🔹 Building Chain-Owned Liquidity (CoL): Instead of relying on mercenary capital, Katana allocates fees into a permanent liquidity fund — ensuring deep, sticky liquidity with lower slippage. Why does this matter? It creates a self-reinforcing flywheel: → More users = more transactions → More fees = higher APR + deeper liquidity → Better incentives = more capital attracted → More capital = more transactions Wolf's Take: While most chains treat sequencer fees as team profit, Katana uses them as fuel — to grow its own DeFi layer, transparently and user-first. That’s not just clever tokenomics — it’s sustainable infrastructure design.
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Gallery 1
15.65K
65
Quan
Quan
Mainnet for @katana drops in 5 days Powered by Polygon and teaming up with SushiSwap Katana offers deep liquidity so your trades are cheaper and smoother Plus your ETH, USDC, and WBTC start earning real yield from day one DeFi made simple 🫡💯
Gallery 1
katana
katana
the forge: cannes @SushiSwap is the ultimate multi-chain dex and aggregator. core app on katana. and sponsor of the forge. join our teams in cannes on july 01:
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19.77K
30
C.J
C.J
My first buys on $LTC and the $SUSHI run up from $1.5 - $16. Many more but these are the first 2 that came to mind.
heinous (𝒔𝒄𝒉𝒊𝒛𝒐 𝒂𝒓𝒄)
heinous (𝒔𝒄𝒉𝒊𝒛𝒐 𝒂𝒓𝒄)
first time you felt like a genius in this market what coin did it?
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16.97K
2
Polygon
Polygon
The Forge: Cannes 🇫🇷 Find us around @EthCC with @katana, @GSR_io, @SushiSwap, @withAUSD, and others on July 1st.
katana
katana
headed to Cannes for ETHCC? come meet the Katana team IRL at the Forge. fresh alfa, panels, merch, food, drinks, and core apps in attendance sponsored by @gsr_io, @SushiSwap, @withAUSD, @0xPolygon
Gallery 1
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35.94K
153
Marcin | RedStone 🔜 ETHcc 🇫🇷
Marcin | RedStone 🔜 ETHcc 🇫🇷
Katana mainnet launches in just 7 days on June 30. Credits to @Mudit__Gupta @davidesilverman @0xMarcB and the Polygon Labs team for incubating novel approaches to L2. Why novel? 👇 They focus on two things: deep liquidity and attractive yield. The VaultBridge mechanism represents an interesting approach to use @MorphoLabs vaults, generating yield during cross-chain transfers. No idle capital sitting in bridge contracts. @katana has an opinionated approach to having only one lending protocol (Morpho), one spot DEX (Sushi), one perp DEX (Vertex) with limited variations of blue chip assets, liquidity is deep and concentrated. There's also the key yield-bearing stablecoin Agora AUSD, good job @Nick_van_Eck. The integration positions Katana as Agglayer's dedicated liquidity hub. Users across 8 connected chains can seamlessly tap into Katana's concentrated DeFi services without traditional bridging friction. Katana has recently hit $130M TVL pre-mainnet. The 55% stablecoin APRs look attractive, fingers crossed they'll keep on cooking post mainnet launch.
katana
katana
katana mainnet officially launches June 30 ⚔️ final cutoff for katana krate deposits: Mon, June 23 at 8 PM ET @turtleclubhouse pre-deposits remain open for WETH, WBTC, USDT, USDC, weETH, and LBTC
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39

SushiSwap price performance in USD

The current price of SushiSwap is $0.57300. Over the last 24 hours, SushiSwap has decreased by -0.40%. 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 $110.47M. At present, SushiSwap holds the 0 position in market cap rankings. The SushiSwap/USD price is updated in real-time.
Today
-$0.00230
-0.40%
7 days
-$0.03760
-6.16%
30 days
-$0.15080
-20.84%
3 months
-$0.01220
-2.09%

About SushiSwap (SUSHI)

3.5/5
CyberScope
4.1
15/06/2024
TokenInsight
2.9
18/04/2023
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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    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.

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

How much is 1 SushiSwap worth today?
Currently, one SushiSwap is worth $0.57300. 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.

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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.
Keep up with SushiSwap's price in a tap
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