Latest SushiSwap (SUSHI) News Update

By CMC AI
21 October 2026 02:45PM (UTC+0)

What are people saying about SUSHI?

TLDR

SUSHI is being framed as a deep-value DeFi play, with chatter split between long-term fundamentals and short-term chart setups. Here’s what’s trending:

  1. A detailed thesis argues SUSHI could 10x, citing its near-fully diluted supply and multi-chain fee generation as key drivers.

  2. Traders are highlighting a technical breakout setup with specific entry and target levels, betting on altseason momentum.

  3. The protocol's governance-approved weekly token buybacks are seen as a supportive, albeit modest, tailwind.

Deep Dive

1. @kaluwisx: A 10x bull case based on supply and fundamentals bullish

"$SUSHI 10x Thesis... Over 93% already released... A 10x from here would still leave it over 90% below ATH... Sushi has a live, multi chain AMM generating real swap fees across 40+ networks." – @kaluwisx (958 followers · 10 August 2026 11:53 PM UTC) View original post What this means: This is bullish for SUSHI because it frames the token as a high-beta, fundamentally sound play on a DeFi recovery, with minimal future supply dilution capping sell-side pressure.

2. @OldmanScalping: Technical breakout call for a 100% move bullish

"🚀 #SUSHI breakout + backtest done, 0.2024 entry... TPs to 0.4048 (max +100%)... September altseason = SUSHI leading." – @OldmanScalping (157K followers · 2 September 2026 03:43 AM UTC) View original post What this means: This is bullish as it signals trader conviction in a sustained upward trend, with clear risk/reward parameters that could attract short-term momentum capital.

3. @SushiSwap: Strategic reserve buybacks commence neutral

"The Sushi Strategic Reserve + Revised Buyback Program has passed both rounds of voting. What happens next: Weekly SUSHI purchases into the Reserve start on Monday, September 7th." – @SushiSwap (367.7K followers · 5 September 2026 04:53 PM UTC) View original post What this means: This is neutral-to-bullish for SUSHI because it creates consistent, protocol-driven demand, though the impact may be gradual and depends on the scale of purchases relative to daily trading volume.

Conclusion

The consensus on SUSHI is cautiously bullish, blending a macro view of it as an undervalued DeFi blue chip with tactical chart-based optimism. Watch for sustained growth in Total Value Locked (TVL) and protocol fee revenue to validate the fundamental thesis behind the chatter.

What is the latest news on SUSHI?

TLDR

SushiSwap's recent news blends fresh trading access with a spicy historical rivalry. Here are the latest updates:

  1. SUSHI Futures Added to PrimeXBT (29 September 2026) – The token gained new derivatives exposure, broadening its reach to professional traders.

  2. Uniswap Founder Recalls SBF Domain Saga (22 September 2026) – A past controversy resurfaced, highlighting SushiSwap's competitive history.

  3. SUSHI Outperforms 1INCH in 30-Day Rally (12 September 2026) – The token posted strong gains, driven by superior protocol fee earnings.

Deep Dive

1. SUSHI Futures Added to PrimeXBT (29 September 2026)

Overview: The multi-asset broker PrimeXBT added SUSHI/USDT futures to its platform, expanding its offering to over 170 contracts. This provides traders with adjustable leverage up to 1:100 and integrates SUSHI into a suite covering DeFi, AI, and infrastructure assets.

What this means: This is bullish for SUSHI because it increases the token's accessibility and utility for sophisticated traders, potentially boosting liquidity and institutional interest. The move signals growing market maturity for SushiSwap's native asset. (Crypto Briefing)

2. Uniswap Founder Recalls SBF Domain Saga (22 September 2026)

Overview: Uniswap founder Hayden Adams claimed that Sam Bankman-Fried once purchased the Uniswap.com domain and redirected it to SushiSwap. The 2021 WIPO ruling later transferred the domain to Uniswap Labs, citing bad faith use.

What this means: This is neutral-to-bearish for SUSHI as it revisits a contentious historical episode. While it underscores SushiSwap's once-aggressive competition, it also ties the protocol to the legacy of a convicted figure, which could momentarily affect brand perception. (CoinMarketCap)

3. SUSHI Outperforms 1INCH in 30-Day Rally (12 September 2026)

Overview: An analysis showed SUSHI gained 35.24% over 30 days, significantly outperforming 1INCH's 8.30% rise. The driver was SushiSwap's stronger fundamental metrics, collecting $1.35M in fees in August 2026 versus 1inch's $51K.

What this means: This is bullish for SUSHI as it demonstrates that price action is being supported by real protocol revenue and usage, not just technical signals. It highlights SUSHI's value as a fee-generating asset within the DeFi ecosystem. (Phemex)

Conclusion

SushiSwap is currently riding a wave of increased derivatives access and solid fundamental performance, though its past remains a topic of conversation. Will its revenue-generating edge continue to support outperformance in the crowded DEX market?

What is next on SUSHI’s roadmap?

TLDR

SushiSwap's development continues with these milestones:

  1. Blade No-IL AMM Launch (Upcoming) – A new AMM designed to eliminate impermanent loss for liquidity providers on blue-chip assets.

  2. SushiXSwap Chain Expansion (Ongoing) – Extending cross-chain swap capabilities to additional networks beyond the current 15.

  3. Native DEX Launches: Saru, Susa, Wara (Upcoming) – Deploying tailored decentralized exchanges on ApeChain, Layer N, and Solana.

Deep Dive

1. Blade No-IL AMM Launch (Upcoming)

Overview: Blade is an upcoming Automated Market Maker (AMM) designed to solve the impermanent loss (IL) problem for liquidity providers (LPs). Impermanent loss occurs when the value of deposited assets diverges, often eroding LP profits. Blade aims to offer stable yields on major "blue-chip" assets without this risk, potentially making Sushi a more attractive destination for capital.

What this means: This is bullish for SUSHI because it could significantly increase Total Value Locked (TVL) by attracting risk-averse capital. Higher TVL deepens liquidity, improves swap rates for traders, and generates more protocol fee revenue, a portion of which is distributed to xSUSHI stakers.

2. SushiXSwap Chain Expansion (Ongoing)

Overview: SushiXSwap is the protocol's cross-chain bridge aggregator, currently live on 15 networks. The roadmap indicates ongoing plans to add support for more chains, as teased in a SushiSwap post from August 2025. This expansion is powered by the core Route Processor technology.

What this means: This is bullish for SUSHI because it enhances the utility of the entire Sushi ecosystem. More chain support increases the addressable market, drives swap volume, and solidifies Sushi's position as a leading multi-chain liquidity hub, which should correlate with greater fee generation.

3. Native DEX Launches: Saru, Susa, Wara (Upcoming)

Overview: Through Sushi Labs, the team is franchising its brand to launch native DEXs on specific chains: Saru on ApeChain for NFTFi, Susa on Layer N for perpetual trading, and Wara on Solana. These independently funded projects aim to capture niche ecosystem liquidity while sharing rewards with Sushi users.

What this means: This is neutral-to-bullish for SUSHI. It represents an asset-light expansion strategy that could rapidly grow the ecosystem and fee-sharing base without draining the DAO treasury. The key risk is execution and adoption of these new platforms, which are not guaranteed.

Conclusion

SushiSwap's near-term trajectory is focused on enhancing capital efficiency for LPs with Blade, broadening its cross-chain reach, and strategically expanding its ecosystem via franchised DEXs. Success in these areas could drive sustainable volume and fee growth. How quickly will the deployment of Blade translate into measurable TVL growth for the protocol?

What is the latest update in SUSHI’s codebase?

TLDR

SushiSwap's codebase has seen recent core contract updates and a major routing upgrade.

  1. Core Contract Repository Updates (October 2025) – Recent commits to the main v2 and v3 core smart contract repositories.

  2. Route Processor 5 Launch (August 2024) – A major upgrade to the protocol's aggregation engine for better swap prices.

  3. DCA and Limit Orders Feature (August 2024) – New trading tools integrated directly into the Sushi interface.

Deep Dive

1. Core Contract Repository Updates (October 2025)

Overview: The foundational smart contracts that power SushiSwap's v2 and v3 protocols have received recent updates. This indicates ongoing maintenance and refinement of the protocol's core logic.

The v2-core repository, containing the essential contracts for the V2 AMM, was last updated on 9 October 2025. Similarly, the v3-core and v3-periphery repositories saw updates in May 2025. These are not new product launches but reflect continuous development work on the protocol's most critical infrastructure, ensuring security and efficiency.

What this means: This is neutral for SUSHI as it represents standard, healthy maintenance of the protocol's foundation. It shows the development team is actively supporting the core systems that handle user funds and trades, which is essential for long-term reliability and security. (SushiSwap)

2. Route Processor 5 Launch (August 2024)

Overview: Route Processor 5 (RP5) is a significant backend upgrade to SushiSwap's aggregation stack. It finds the best possible prices for user swaps by checking over 40 different liquidity sources across chains.

This upgrade improves the "brain" of the swap interface. By searching more pools and decentralized exchanges, it increases the chance users get a better deal on every trade without any extra effort on their part.

What this means: This is bullish for SUSHI because it directly improves the user experience by delivering better swap rates. A more efficient aggregator can attract more trading volume to the protocol, which may increase fee revenue for liquidity providers and stakers. (Sushi.com)

3. DCA and Limit Orders Feature (August 2024)

Overview: SushiSwap integrated Dollar-Cost Averaging (DCA) and limit orders into its platform. These features give traders more control, allowing them to automate purchases over time or set specific target prices for swaps.

While these are user-facing features, their implementation required updates to the platform's smart contracts and backend logic to handle automated, time-based order execution securely.

What this means: This is bullish for SUSHI because it expands the protocol's utility beyond simple instant swaps. By catering to more advanced trading strategies, Sushi can attract a wider range of users and potentially increase protocol engagement and fee generation. (Sushi.com)

Conclusion

SushiSwap's development trajectory shows a balance between foundational maintenance and user-centric innovation, focusing on better execution and more sophisticated trading tools. How will these technical improvements translate into measurable growth in user activity and protocol revenue?

CMC AI can make mistakes. Not financial advice.