Sushi (SUSHI)
Sushi is the decentralised finance project behind SushiSwap, a multi-chain exchange and liquidity platform that lets users trade crypto assets directly from their wallets. Built around automated market maker technology, SushiSwap removes the need for a traditional order book by routing swaps through liquidity pools funded by users. The platform has expanded beyond its early Ethereum roots and supports trading across many blockchain networks, giving it a broad role in cross-chain DeFi liquidity.
The SUSHI token is associated with governance and participation in the Sushi ecosystem. Holders can use it to influence protocol decisions where governance processes apply, including matters related to product direction, incentives, and treasury use. This gives SUSHI a function beyond simple exchange utility, linking the token to the development and coordination of the wider Sushi DAO.
SushiSwap is best known for token swaps, but the project also focuses on liquidity tools for traders, liquidity providers, and developers. Its infrastructure includes routing and aggregation features designed to seek competitive pricing across available liquidity sources. The protocol also works on more specialised liquidity products, including smart pool designs and mechanisms intended to reduce some of the challenges liquidity providers face in volatile markets.
Sushi Labs acts as a development contributor to the ecosystem, supporting new products and integrations as Sushi seeks to operate as more than a single decentralised exchange. For users, the project’s appeal lies in its multi-chain access, permissionless trading model, and community-led structure. For investors, SUSHI represents exposure to a long-running DeFi brand competing in the decentralised exchange, liquidity aggregation, and on-chain trading infrastructure markets.
Last updated
- Market Cap
- $57.7M
- Fully Diluted Valuation
- $61.6M
- 24 Hour Trading Vol
- $84.8M
- Circulating Supply
- 273M
- Total Supply
- 292M
- Max Supply
- —
CME Group Launches Avalanche and Sushi Futures Contracts
CME Group to Launch AVAX and SUI Futures Contracts
What To Watch In Crypto This Week: Key Dates And Events
SushiSwap Enters Solana Ecosystem With 4M+ Users in Tow
SushiSwap will integrate with the Solana blockchain, supporting cross-chain asset swaps between Sol and EVM.
Starting a Business: Roy Shaby’s Journey from Sushi to Success
DeFi Maturation: 2020 vs. 2025
SUSHI: Sushi is Live on the Stellar Network
SUSHI: Sushi November Recap 📰
Synthesis's long-term strategic investment in Sushi includes the purchase of over 10 million SUSHI tokens.
Sushi CEO Announces Resignation to Become Advisor, Solidity.io Founder Alex McCurry to Take Over as CEO
Jared Grey announced his resignation from leadership of Sushi and his transition to an advisory role; Sushi also received a significant investment from Synthesis.
Sushi Expands to Kadena, Unlocking New Opportunities for PoW-Based DeFi
Sushi Expands Multi-chain Reach with Berachain Integration
SushiSwap (SUSHI) price invalidates bearish setup, 45% upside in play
Sushi price holds key fibonacci support as bulls target $0.93
Polygon-backed, high-yield blockchain launches for institutional adoption
Sushi Labs Expands with Shipyard Software Acquisition Move
- Market Cap
- $57,664,422
- Fully Diluted Valuation
- $61,572,434
- 24 Hour Trading Vol
- $84,849,811
- 24h High
- $0.23988
- 24h Low
- $0.195242
- 24h Change
- -3.74%
- 7d Change
- +9.91%
- 30d Change
- -3.61%
- 1y Change
- -69.12%
- Market Cap Rank
- #421
- Market Cap Rank (rehypothecated)
- #555
- Circulating Supply
- 273,012,266
- Total Supply
- 291,514,754
- Max Supply
- —
- All-time high
- $23.38 (-99.10%) · Mar 13, 2021, 6:44 p.m.
- All-time low
- $0.176242 (+19.14%) · Feb 5, 2026, 7:25 p.m.
- Website sushi.com
- Block explorer bscscan.com/token/0x947950bcc74888a40ffa2593c5798f11fc9124c4
- Block explorer arbiscan.io/token/0xd4d42f0b6def4ce0383636770ef773390d85c61a
- Block explorer ftmscan.com/token/0xae75a438b2e0cb8bb01ec1e1e376de11d44477cc
- X / Twitter twitter.com/sushiswap