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SushiSwap
SushiSwap

SushiSwap

Dexes

SushiSwap Review

SushiSwap, launched in August 2020, is a decentralized exchange that forked from Uniswap, bringing new features aimed at boosting community involvement. Its native token, SUSHI, gives holders a say in governance and rewards them with a share of the trading fees, attracting attention and liquidity early on through a strategy called the “Vampire Attack.” This approach encouraged users to shift their liquidity from Uniswap to SushiSwap, helping the platform grow rapidly. Over time, SushiSwap expanded with innovative features like BentoBox for yield farming and Shoyu, an NFT platform. Backed by notable investors such as GoldenTree Asset Management, SushiSwap remains a significant player in decentralized finance, with a community-led governance model that supports its growth and evolution in the DeFi space.

TVL
$222 448 243
Blockchain
N/A
Promo bonus
No bonus for now
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SushiSwap offers

USDT
USDC
Est. APY
0.01%
Status
Available
Term
Flexible
TVL$362 073
Blockchain
Polygon
Polygon
USDC
DAI
Est. APY
0.07%
Status
Available
Term
Flexible
TVL$24 962
Blockchain
Ethereum
Ethereum
USDC
DAI
Est. APY
0.15%
Status
Available
Term
Flexible
TVL$203 445
Blockchain
Polygon
Polygon
USDC
XAI
Est. APY
1.48%
Status
Available
Term
Flexible
TVL$13 401
Blockchain
Ethereum
Ethereum
DAI
RAIL
Est. APY
1.53%
Status
Available
Term
Flexible
TVL$109 768
Blockchain
Ethereum
Ethereum
WETH
PETH
Est. APY
0.01%
Status
Available
Term
Flexible
TVL$11 964
Blockchain
Arbitrum
Arbitrum
WETH
EETH
Est. APY
5.07%
Status
Available
Term
Flexible
TVL$118 337
Blockchain
Ethereum
Ethereum
WETH
RETH2
Est. APY
1.35%
Status
Available
Term
Flexible
TVL$35 986
Blockchain
Ethereum
Ethereum
USDC
USDC.e
Est. APY
10.76%
Status
Available
Term
Flexible
TVL$31 266
Blockchain
Avalanche
Avalanche
USDT
DAI
Est. APY
10.69%
Status
Available
Term
Flexible
TVL$30 035
Blockchain
Polygon
Polygon

Crypto earn alerts on SushiSwap

Criffy provides an ideal way to stay on top of earning programs across protocols and dApps. For SushiSwap, you can easily track new earning opportunities, monitor APY changes for specific offers, and receive notifications when you can start earning interest on a particular cryptocurrency. Setting up an alert helps you stay informed about the best earning opportunities on SushiSwap.

Earning crypto on SushiSwap

Protocols and dApps offer various options to earn crypto, like lending or participating in liquidity pools. With Criffy, you can easily track five different earning options from SushiSwap. Check the table above for all the details.

Current TVL of the SushiSwap protocol

The SushiSwap protocol's Total Value Locked (TVL) is currently $222 448 243. TVL is a helpful metric in DeFi, showing the total assets users have deposited into a protocol’s smart contracts. It gives a snapshot of liquidity and the level of trust from the community, helping to show how much value a platform like SushiSwap is holding.

SushiSwap protocol type

SushiSwap is a decentralized exchange (DEX) designed to simplify crypto trading directly from users' wallets. It operates on automated market maker (AMM) technology, enabling secure, direct transactions between users without a central authority. This setup ensures transparency, keeps fees lower, and allows users to manage their assets independently. Whether you’re trading or providing liquidity, SushiSwap offers a reliable and accessible option in the decentralized trading space.

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