Last update: Jun 28, 2022

SushiSwap Review

SushiSwap is a decentralized exchange (DEX), that started as a simple fork of Uniswap, which is the biggest DEX on Ethereum. Should you trust SushiSwap for your trading? Our SushiSwap review will cover all the details you need to know.

  • SushiSwap

    1. Operating Since 2020
    2. Currencies Supported 100+ cryptocurrencies
    3. Fees Varies
    4. Deposit Methods Cryptocurrency deposits, debit cards, credit cards, wire transfers, PayPal, etc.
    5. Fiat Currencies Yes
    6. Verification Methods KYC
    7. Margin Trading Yes
    8. Futures Trading No

Decentralized finance (DeFi) has grown in popularity over the last few years as more crypto exchanges enter the fray. SushiSwap is a decentralized exchange (exchange DEX) that has accumulated a large user base in the last few years. The platform’s unique Automated Market Maker (AMM) solution is one of the most celebrated protocols in the DeFi ecosystem.

What Is SushiSwap Exchange?

SushiSwap is a decentralized cryptocurrency exchange where you can swap different cryptocurrencies and tokens. Established in 2020 as an upgrade on Uniswap, the platform runs on the Ethereum blockchain.

The SUSHI token was successfully listed by Binance in September 2020. In that time, control of the project was handed over from anonymous founders to FTX CEO Sam Bankman Fried, a highly respected individual in the crypto world. SushiSwap, which has been announcing new features to the protocol since then, is truly promising to be ‘the’ Michelin star Defi hub.

SushiSwap, the largest DeFi protocol available, was at its peak in late 2020. DeFi Pulse reports that SushiSwap is currently in the 11th position for Total Value Locked (TVL), with $1.51 Billion in assets.

When launching SushiSwap, anonymous founder Chef Nomi and co-founder 0xMaki included numerous advanced features in a bid to set their platform apart. Their hope is making SushiSwap the go-to market for token and coin swaps.

How Does SushiSwap Work?

SushiSwap, like many other DEXs is made up of multiple asset pools. Each pool has two assets: ETH and LINK. It uses an Automated Market Maker, (AMM). The smart contract calculates the price of each asset by comparing them. SushiSwap has a limit market, which allows users to trade assets in BentoBox.

SushiSwap’s initial release focused on Uniswap LP tokens. Uniswap LP tokens are ERC-20 tokens that liquidity providers receive when they deposit assets to pools on Uniswap.

These tokens can also be used to exchange for underlying deposited money, or in other DeFi protocols. Liquidity providers receive a portion of the trading fees for assets in pools they provide liquidity via the LP tokens.

SushiSwap rewarded liquidity providers on Uniswap by staking their Uniswap LP tokens on the SushiSwap Protocol. Their reward? SUSHI tokens! SUSHI tokens!

Due to the high crypto market value of SUSHI, interest in many of these pools exceeded 2,500% per annum. The Sushi Party pool had the highest returns, and continues to have the highest returns. This pool offered a 2x bonus in SUSHI for staking Uniswap LP tokens that were used for the SUSHI/ETH pairing.

The Liquidity Migration took place at the end of two weeks. All Uniswap LP tokens were automatically sent back to Uniswap for redemption and to be used to purchase the underlying crypto. Within 24 hours, this event drained more than 1.14 billion USD from Uniswap.

SushiSwap was effectively rebranded as Uniswap. SUSHI rewards were also reduced from 100 SUSHI to one block. SushiSwap, as it stands now, consists of the following applications: SushiSwap Exchange & Limit Order; SushiSwap Liquidity Pools & Pools (Pool); SushiSwap Farming & Farming (Farm); BentoBox (Token Vault); Kashi (Lending & Leverage), Sushi Bar & Staking; and Minimal Initial SushiSwap Offer (MISO).

SushiSwap’s governance is managed and governed by the community. This can be done through forums discussions and voting on the SushiSwap Snapshot. SushiSwap members vote on major infrastructure changes as well as the use of the development funds wallet. 0xMaki, the SushiSwap Core Team decide on minor changes that affect operations or farming pairs.

SushiSwap Features

Some of SushiSwap’s standout features include:

Liquidity Incentives

Liquidity providers (LPs) form the heart of the SushiSwap experience. The platform keeps its liquidity pool active by offering incentives. Specifically, providers receive SUSHI tokens and pay lower trading fees.

Additional protocol fees on earned tokens also allow providers to generate profits without providing additional liquidity to the pool.

Lastly, the platform delivers 0.25% of the trading fees to SushiSwap liquidity providers. Another 0.05% converted to SUSHI goes to the token-holders.

Cross-Platform Liquidity Provision

Liquidity providers holding Uniswap LP tokens can stake their tokens in the xSUSHI liquidity pool and earn SUSHI as a reward and earn passive income. The platform produces 100 SUSHI for every liquidity block. The tokens then go to the LPs in the specific pool.

Smart Contracts

SushiSwap’s smart contracts are some of the most advanced in the DeFi space. The platform’s team continually tests the smart contracts to detect anomalies and resolve them as quickly as possible.

SushiSwap BentoBox (Token Vault)

A Bento Box, a Japanese lunchbox that contains a variety of Japanese dishes, is what you would call a Bento Box. SushiSwap’s BentoBox, which can be used to deposit a variety of tokens and funds, is similar. Users can earn extra yield by depositing using flash lending strategies and fixed, low-gas transfer among integrated dapps like Kashi lending markets.

The BentoBox’s purpose is to provide a foundational layer, in the form a vault, upon which future financial products based on SushiSwap may be leveraged.

BentoBox’s innovation is its ability to track user deposits via artificial balance. This allows users to keep track of their idle funds and then apply the funds to different strategies. It is akin to fractional reserve.

BentoBox was designed to be scalable. It serves as the future infrastructure of upcoming DeFi protocols for SushiSwap. The first is Kashi.

Minimal Initial SushiSwap Offering (MISO)

MISO is an open-source suite of smart contracts that was created to make it easier to launch a new project on SushiSwap. The Minimal Initial SushiSwap Offering acts as an IDO-like launchpad to SushiSwap. It allows token creators and communities the opportunity to launch new tokens. SushiSwap’s MISO platform aims to provide a launchpad for both technical and non-technical project creators. This will allow communities and projects to have all the options necessary to secure and successfully deploy to the SushiSwap Exchange.

MISO is a collection out-of-the box smart contracts that non-technical founders can choose from over traditional, code-oriented methods for token launching. SushiSwap’s MISO Launchpad currently offers an assortment of NFT assets to investors via an auction system. This is to celebrate the launch new tokens on its platform. MISO is an indication of SushiSwap’s innovative, forward-thinking architecture that seeks to bring together both the hype-driven world NFTs as well as the economic potential IDOs into its ecosystem.

The SushiSwap Trading Experience

As with Uniswap, SushiSwap offers no order books. Instead, its automated market maker model (AMM) allows traders to make market orders.

Consequently, you only need to select your input and output tokens during a trade. The input token is the unit you’d like to exchange for the output token. So, in a BTC/ETH trade, BTC is the input token while ETH is the output token.

To use SushiSwap, you have to connect to the decentralized application (DApp) through a web 3.0 wallet such as MetaMask. Once connected, you can select the asset you want to trade away (BTC in our example above) and the asset you want to purchase (ETH). Confirming the transaction will execute the trade.

SushiSwap provides the best possible market rate for the swap at execution. For each trade, the platform will show you the trade route, expected price, fees, and minimum number of tokens you’ll receive. Be sure to cross-check the parameters before you execute the trade.

The SushiSwap Liquidity Provider Experience

As a liquidity provider on SushiSwap, you must supply liquidity to both sides of any pool in equal amounts. For example, if you want to provide liquidity to the BTC/ETH market, you must add an equal amount of BTC and ETH to the pool. This approach is essential to maintain SushiSwap’s AMM model.

After supplying liquidity, you will receive “liquidity tokens” from the platform. These tokens represent a claim on your share of capital within any pool. You can redeem the liquidity tokens in exchange for your collateral (the provided capital) at any time.

Account Creation on SushiSwap

SushiSwap’s account creation process is similar to what you’ll get on other crypto exchange platforms. You’ll first have to provide personal details like your name, email address, etc. On completion, the platform will send you an email with a confirmation link.

After confirming your account, you can log into the platform to begin exchanging tokens or providing liquidity.

Unlike other platforms, SushiSwap doesn’t operate Know-Your-Customer (KYC) policies. The platform also isn’t registered in any jurisdiction. As a result, they are not bound by any regulator’s laws.

Linking Your Wallet on SushiSwap

MetaMask is the preferred wallet for many people on the SushiSwap platform. However, you can also link WalletConnect and several others (more on them below) on the exchange.

Here’s how to connect your wallet to SushiSwap:

  • Click the “Unlock Wallet” option on the top right corner of the SushiSwap website
  • Select MetaMask or WalletConnect on the next dialogue window
  • Complete the connection

After successfully linking your wallet to the platform, you can see your tokens and other crypto assets available for use on the exchange.

SushiSwap Fees and Limits

Traders pay a fixed 0.3% trading fee on SushiSwap. You’ll pay dual fees for limit orders as you have to pay makers and takers for the position. However, the platform does not charge any withdrawal fees.

Liquidity providers get a 0.05% discount on trading fees, paying only 0.25% per trade. Liquidity providers also receive 0.25% of the trading fees while the remaining 0.05% goes to holders of the SUSHI token. The 0.25% portion goes back into the liquidity pool.

As a liquidity provider, you can redeem accrued fees during withdrawals. Keep in mind that the 0.3% trading fees don’t include the ever-changing gas fees.

SushiSwap Payment Methods

Traders on the platform can deposit money (USD, AUD, GBP, etc.) through various methods. These methods include cryptocurrency deposits, debit cards, credit cards, bank account transfers, and wire transfers. You can also add money to your wallet using PayPal or similar providers that support crypto payments.

Supported Currencies on SushiSwap

There are more than 100 supported currencies / altcoins (specifically ERC-20 tokens) on SushiSwap. Some of the most popular options include:

  • Dai Stablecoin (DAI
  • USD Coin (USDC)
  • Wrapped Bitcoin (WBTC)
  • Wrapped Ether
  • SUSHI token
  • Tether (USDT)
  • Solana (SOL)
  • Polygon (MATIC)
  • Binance Coin (BNB)
  • Cardano (ADA)
  • Uniswap (UNI)
  • Ripple (XRP)
  • Polkadot (DOT)
  • EOS
  • Yearn.Finance

Sushi Swap Yield Farming

The SushiSwap Farm feature allows users to combine two different DeFi tokens in one smart contract. You can use fiat currency-based coins like Tether or USD coin along with decentralized tokens in yield farming.

You can do yield farming in KASHI, SushiSwap, and double reward farms. Many traders partake in yield farming because it benefits both the exchange and the farmers. The farmers can get up to 100% APY on specific assets for lending their funds to the liquidity pool.

The exchange also benefits from farming by encouraging users to provide liquidity. As a result, the liquidity facilitates token swaps on the platform. Overall, yield farming helps SushiSwap cultivate a favorable trading environment for all users.

SushiSwap has one of the most advanced yield farming set-ups in DeFi, which isn’t surprising. The KASHI loan market, the xSUSHI derivatives pool, and the standard DEX collectively make the SushiSwap environment highly promising for yield farming enthusiasts.

Lending and Leverage

One of the Sushi Tools’ DApps is “Kashi”, a lending platform and leverage platform. Kashi is a lending marketplace that allows users to earn interest by lending tokens and borrowers to take out loans to fund margin trading positions.

Kashi keeps each market separate to ensure that risk is limited to specific markets and not the entire protocol. This allows users to create leveraged positions in one transaction.

This DApp is offered along with SushiSwap, although it’s not directly related to SushiSwap.

SushiSwap Security

SushiSwap is a relatively safe platform, though it was the target of a $3M hack in 2021. As mentioned earlier in our SushiSwap review, the platform doesn’t adhere to any jurisdiction’s regulations in keeping with its “decentralized” mantra. However, this factor makes the platform risky for heavy deposits.

Furthermore, the exchange’s founders remain anonymous. The platform’s Coinbase profile lists only two employees (one if you don’t count Ox Maki). So, while the platform has proven trustworthy so far, you should still exercise caution while using it.

Apart from these issues, the platform is generally secure. Its powerful encryption and cold storage options mean that farmed tokens are rarely at risk. Also, since the bulk of your tokens will reside on MetaMask or WalletConnect, you have minimal risk of losing your holdings.

Trading with Small Deposits

SushiSwap’s steep gas prices make it inconvenient to trade crypto with small deposits. As a result, you’ll need to do a significant amount of yield farming to make profits with your small deposits. The platform’s gas fees are not temporary either, so weigh your options carefully if you’re a small deposits trader.

SushiSwap Customer Support

SushiSwap only offers an email address as its primary customer support channel. You can expect responses in 48 hours when using the email service. If you need a faster response, you can send the support team a message on the platform’s social media pages.

However, most users ask their non-sensitive questions publicly to receive help from other users. The platform’s knowledge library also contains answers to common problems and other details about the exchange.

SushiSwap Roadmap

SushiSwap’s goal is to be the best DEX in cryptocurrency. This is a large goal and the SushiSwap team doesn’t currently have any details about future milestones.

SushiSwap’s Medium post, dated September 12, 2020, is the closest document to a visual map. SushiSwap’s 2021 roadmap has been released. It includes MISO upgrades, SushiBar Version 2, Wrapped SLP tokens, and its aspiration for Layer-2, AMM 2.0 infrastructure.

Frequently Asked Questions (FAQs)

Is SushiSwap Free to Register?

SushiSwap is free to register. However, you need to pay trading fees for transactions and gas fees.

Which Other Wallets Does SushiSwap Support?

MetaMask and WalletConnect are the top wallet choices on the platform. However, traders can also use Portis Wallet and Atomic Wallet. Apart from these four, SushiSwap offers no other supported wallets.

Moreover, your standard digital or hardware wallet will not work on this platform. So, it’s best to add tokens from your existing wallets to the supported wallet options to maximize the platform.

How Quick Are Transactions on SushiSwap?

SushiSwap transactions take only a few seconds to complete. You can expect swapped tokens in your wallet immediately after confirming the transaction.

Can I Trade the Native Sushi Tokens on Other Exchanges?

You can trade SUSHI tokens on other conventional exchanges including Binance, OKex, FTX, etc. Most of these platforms offer multiple SUSHI-based pairs.

Does SushiSwap Have Any Geographical Limitations?

SushiSwap is a crypto trading platform with a global clientele. Since the platform doesn’t fall under any regulatory frameworks, they don’t place limits on who can sign up for it.

If you have access to a funded MetaMask wallet, you can start trading on the exchange in a few minutes.

Does SushiSwap Have a Digital Wallet?

SushiSwap is a non-custodial exchange platform. Meaning, they don’t store digital assets or funds on the platform. You can only use approved third-party wallets like MetaMask, Atomic Wallet, etc.

Does SushiSwap Allow Futures Trading?

SushiSwap does not allow futures trading. Users can only make money by swapping tokens, providing liquidity, or doing yield farming.

Is SushiSwap Available in Singapore?

Yes, it is available in Singapore!

What Are the Supported Payment Methods of SushiSwap?

Crypto traders can pick from the many available deposit methods such as PayPal, wire transfers, bank transfers, credit cards, and debit cards.

Where Can I Buy SushiSwap Governance Token?

You can buy Sushi on all major centralized exchanges such as Pancakeswap with high trading volume based on CoinMarketCap

Does SushiSwap Have a Mobile App?

No. SushiSwap doesn’t have an official mobile app.

What Blockchains Support SushiSwap?

It is available on multiple blockchains such as Ethereum, Solana, Binance Smart Chain, or any other blockchains that SushiSwap has contracts for.

SushiSwap Pros and Cons


  • More than 100 trading pairs
  • Numerous incentives providing extra income
  • User-friendly platform
  • Committed to being open-source
  • Instant token transfers
  • Advanced yield farming
  • High market cap


  • Exorbitant gas and transaction fees
  • No charting software
  • Lack of regulation
  • High volatility

SushiSwap Crypto Exchange Review for Australia

Are you one of those Australian crypto beginners looking for the best crypto exchanges in Australia to buy digital currencies? Then you might want to try SushiSwap!

SushiSwap was created by two anonymous developers, Chef Nomi and 0xMaki. Chef Nomi published a Medium post on August 26, 2020 that detailed the SushiSwap protocol. This enticed 0xMaki into joining the SushiSwap Discord.

0xMaki was one of the original participants and spoke with Chef Nomi extensively. He then became co-founder of SushiSwap. At the time of its release, it is believed that the project was in the hands of five developers.

SushiSwap, a decentralized cryptocurrency exchange (DEX), is built on Ethereum blockchain. It aims at being an evolution of Uniswap (the most popular Ethereum-based DEX available on the cryptocurrency market). It looks almost exactly the same as Uniswap, both in appearance and function.

SushiSwap Rewards those who deposit cryptocurrency to provide liquidity for the protocol with SushiSwap An ERC-20 token given out to liquidity providers on SushiSwap to enable them to use the protocol to manage the liquidity, SUSHI is an ERC-20 token.

Although SushiSwap’s history is controversial, it has been and continues to be strongly community-driven and committed the open-source ethos to cryptocurrency. SushiSwap’s Medium and GitHub posts make it easy to access all smart contracts and codes.

PeckShield has audited SushiSwap and Quantstamp has reviewed it. SushiSwap draws a lot of its code from popular DeFi protocols like Uniswap and Compound Finance.

SushiSwap, like many other DEXs is made up of multiple asset pools. Each pool has two assets: ETH and LINK. It uses an Automated Market Maker, (AMM). The smart contract calculates the price of each asset by comparing them. SushiSwap has a limit market, which allows users to trade assets in BentoBox.

You can easily exchange between more than 100 ERC-20 tokens through the SushiSwap Exchange. The SushiSwap Exchange is similar to Uniswap. There is no KYC required. To execute swaps, you only need a Web 3.0 wallet like Metamask or Ethereum.

SushiSwap is currently working on a governance framework called Omakase DAO, which will give control to the community. Anybody with SLP tokens from the SUSHIETH pool, or xSUSHI tokens will be able vote for SushiSwap changes.

While the details are still being worked out, it is expected that tokens will be staked for a set time in order to vote.

SUSHI, an ERC-20 token that is issued to liquidity providers (LPs), on the SushiSwap Decentralised Exchange (DEX), is called. It can be earned by farming or providing liquidity for pools on SushiSwap.

This token was created to reward early protocol users. It allows them to keep earning a portion of SushiSwap’s fees, even after they stop providing liquidity to SushiSwap’s pools. To earn more SUSHI at SushiSwap’s Sushi Bar, you can stake SUSHI.

SushiSwap’s goal is to be the best DEX in cryptocurrency. This is a large goal and the SushiSwap team doesn’t currently have any details about future milestones.

SushiSwap’s Medium post, dated September 12, 2020, is the closest document to a visual map. SushiSwap’s 2021 roadmap has been released. It includes MISO upgrades, SushiBar Version 2, Wrapped SLP tokens, and its aspiration for Layer-2, AMM 2.0 infrastructure.

SushiSwap appears to be offering more delicious dishes under its new management. It is possible that the community and core developers will continue to be a strong force in the project’s future.

SushiSwap Crypto Exchange Review for Canada

SushiSwap’s founders were two anonymous developers called 0xMaki (and Chef Nomi). Chef Nomi posted a Medium posting on August 26, 2020 detailing the SushiSwap protocol. This enticed 0xMaki, to join the SushiSwap Discord.

0xMaki, one of the participants, spoke in depth with Chef Nomi. In the end, he became co-founder at SushiSwap. At the time, the project had five developers.

SushiSwap (decentralized cryptocurrency exchange) is built on Ethereum blockchain. It aims to evolve Uniswap which is the most well-known Ethereum-based DEX on cryptocurrency markets. It has almost the exact same appearance as Uniswap.

SushiSwap offers liquidity to the protocol by rewarding those who deposit cryptocurrency with SUSHI. This ERC-20 token is given to liquidity providers of SushiSwap and can be used to regulate the protocol.

Although SushiSwap is known for its controversial past, it is still heavily community-driven. It remains committed to the open-source ethos and cryptocurrency’s open-source ethos. SushiSwap has Medium and GitHub postings that make smart contracts and code easily accessible to everyone.

PeckShield also audited SushiSwap, and Quantstamp reviewed the code. SushiSwap takes a lot from popular DeFi protocols such as Uniswap or Compound Finance.

SushiSwap is, as many other DEXs are, fundamentally made up several asset pools. Each pool contains two assets such as ETH or LINK (Chainlink). Because it uses an Automated Market Maker. The price is determined by the ratio of two assets within each pool. SushiSwap also offers a limit order market where users can trade assets stored in BentoBox.

You can swap between over 100+ ERC-20 tokens using the SushiSwap Exchange. Like Uniswap there is no KYC to use the SushiSwap platform. You only need a Web3.0 crypto wallet, such as Metamask, and some Ethereum to pay the gas fees for swaps.

SushiSwap’s governance framework, Omakase DAO is being developed by the team. This will allow the community to take control of the protocol. Anyone who has SLP tokens obtained from SUSHIETH liquidity or xSUSHI tokens, which also require SUSHIETH SLP tokens to obtain, will be able and eligible to vote for SushiSwap’s changes.

The details are still being worked out but it is likely that you will need these tokens to vote.

SUSHI is an ERC-20 token that was issued to liquidity providers on the SushiSwap exchange (DEX). It is earned through the provision of liquidity on SushiSwap pools or by farming in return for SLP tokens that govern the protocol.

The token was designed as a reward for early protocol users. They can continue to earn a cut of SushiSwap’s fees even if they cease providing liquidity to SushiSwap’s pool. You can do this by trading SUSHI to get more SUSHI at SushiSwap’s Sushi Bar.

SushiSwap is focused on one goal: To become the best DEX for cryptocurrency. This is a very broad goal, and the SushiSwap new team does not yet detail any future milestones.

SushiSwap’s Medium posting dated September 12, 2020 is the closest document to a visual road map. SushiSwap released their 2021 ambitious roadmap on September 12, 2020. This includes MISO upgrades and SushiBar Version 2. Wrapped SLP tokens to increase DeFi utility.

SushiSwap seems like it is serving more delicious meals under new management. It’s admirable that its core developers and community are so dedicated to the project. This may be enough for it to continue on into the future.

If you think SushiSwap is not for you, don’t worry because we’ve made a list of the top Canadian cryptocurrency exchanges right here.

Check this list of the best Bitcoin trading platforms in Canada if you want to have more options to choose from.

SushiSwap Crypto Exchange Review for UK

If you’re looking for a popular cryptocurrency in UK, look no further! Try SushiSwap today!

SushiSwap, which was founded by two anonymous developers 0xMaki & Chef Nomi. Chef Nomi published a Medium article on the SushiSwap Protocol on August 26, 2020. This enticed 0xMaki and he joined the SushiSwap Discord.

0xMaki, who was among the first to participate in the event, spoke extensively with Chef Nomi. As a result, he became the co-founder and chief executive officer of SushiSwap. At the time the project was released, around five developers were involved.

SushiSwap uses the Ethereum blockchain to create a decentralized cryptocurrency trading platform (DEX). It aims be an evolution and extension of Uniswap. Uniswap is the most widely used Ethereum-based DEX in the cryptocurrency market. It is nearly identical in both appearances and functions to Uniswap.

SushiSwap Reward those who deposit cryptocurrency in order to provide liquidity to SushiSwap’s protocol with SushiSwap’s SUSHI token. It can be used by the protocol’s liquidity providers to fund the protocol.

Although SushiSwap may have a turbulent history, it is heavily community-driven. They are committed to the open source ethos of cryptocurrency and remain so. SushiSwap’s Medium posts and GitHub make all smart contracts available to anyone.

PeckShield audited SushiSwap. Quantstamp also reviewed SushiSwap. SushiSwap uses a lot of code from other popular DeFi protocols including Uniswap Compound Finance and Yam Finance.

SushiSwap consists, like other DEXs and ETH, of many asset pools. Each pool is made up of two assets, such ETH (ETH) and LINK(Chainlink). This is due to the use of an Automated Market Maker. This smart contract determines their price by using the ratio between the assets in each pool. SushiSwap offers a limit-order market for users to trade BentoBox assets.

The SushiSwap Exchange allows you to easily swap between 100+ tokens of the ERC-20. SushiSwap is just like Uniswap. You don’t need to have KYC in order to use this exchange. To execute swaps you will only need a Web3.0 wallet such Metamask and some Ethereum.

SushiSwap currently develops a governance structure called Omakase DAO. This framework will transfer control of SushiSwap to the community. Anyone with SLP tokens earned from SUSHIETH-ETH pool liquidity, or those with xSUSHI tokens (which require SUSHIETH SLP to get), will be able the vote for SushiSwap.

Although details are still being worked on, it is believed that tokens will have to be staked for a limited time in order to vote.

SUSHI token is an ERC-20 token given to liquidity providers (LPs). It is earned by offering liquidity to SushiSwap pools, or by farming in exchange to SLP tokens which govern the protocol.

The token was intended to reward early protocol user by allowing them continue to receive a cut from SushiSwap’s fee even after they have stopped contributing liquidity to SushiSwap’s banks. You can earn more SUSHI by staking SUSHI in order to increase your earnings at SushiSwap’s Sushi Bar.

SushiSwap only has one goal: to be the best DEX on cryptocurrency. This is a huge goal that the new SushiSwap group does not detail as far as future milestones.

SushiSwap’s Medium Post dated September 12, 2020 provides the closest visual roadmap. SushiSwap published its ambitious 2021 roadmap in September 2020.

SushiSwap seems more successful than ever, serving delicious food under new management. Its core developers and its community have shown great ambition and devotion, and this may be enough to propel the project into the future.

If SushiSwap doesn’t look like it will suffice your crypto needs, don’t worry because we’ve made a list of the best crypto exchanges in UK. The list includes some of the most well-known crypto platforms such as eToro so make sure to check it out!

SushiSwap Review: The Bottom Line

SushiSwap offers plentiful earning opportunities for its userbase. It provides a quick method of asset swaps and a simple way to earn profits. Overall, SushiSwap is one of the front-runners in the DeFi space today.

However, as our SushiSwap review showed, the platform isn’t without its drawbacks such as its high gas fees. Moreover, experienced traders looking for a robust platform with excellent charting software and leverage trading opportunities should look elsewhere.


Disclaimer: is owned and operated by Smart Billions and may contain advertisements, sponsored content, paid insertions, affiliate links, or other forms of monetization. These opinions are not intended to be investment advice. Readers are responsible for their own research.

author Marco Vela

A crypto obssessed digital marketer passionate about making a difference in the world. When he's not behind the computer he can be found hiking, camping and relaxing with his dog.