SushiSwap (Arbitrum)
Dex Trading Volume(24h)
$1,457,846.7115 BTC
About SushiSwap (Arbitrum)
What Is SushiSwap (Arbitrum)?
SushiSwap is a decentralized exchange (DEX) with an AMM (automated market maker). It utilizes smart contracts to enable frictionless trading of different token pairs. Users can create their own token pairs and provide liquidity to them. Initially a fork of UniSwap, another famous DEX, the exchange was one of the earliest to adopt the model of the automated market maker. It sparked a boom and later grew into one of the biggest exchanges in all of DeFi. It is currently available on almost all EVM-compatible layer-one blockchains and multiple layer-two solutions for Ethereum, Arbitrum being one of them.
SushiSwap targets DeFi traders and institutions looking for permissionless and non-custodial trading. It has a more egalitarian governance approach than other exchanges. Its native token can be used for voting on governance proposals.
One of the core products is the Bento Box, a token vault that generates yield for the capital deposited into it. Another important product is Kashi, a lending and margin trading platform where anyone can create customized and gas-efficient markets for tokens. With MasterChef V2, the liquidity provision program, the exchange boasts over $1 billion in TVL at the time of writing. Finally, Miso provides projects with access to trading on the platform either through fixed price or dutch auction options.
Who Are the SushiSwap Founders?
Chef Nomi, the pseudonymous founder of SushiSwap, left the project not long after founding it. He passed management on to another pseudonymous developer, 0xMaki. Later, ownership switched again: that time to Sam Bankman-Fried, CEO of FTX, a centralized exchange.
When Did SushiSwap Launch?
SushiSwap launched in August 2020.
Where Is SushiSwap Located?
As the exchange is mostly being worked on and developed by anonymous individuals, there is no centralized headquarter.
SushiSwap Restricted Countries
There is no information about possibly blocked or restricted countries on this exchange.
SushiSwap Supported Coins List
With its presence on almost all of the important layer-one blockchains and layer-two solutions, SushiSwap supports almost all ERC-20 tokens on the market.
How Much Are SushiSwap Fees?
The exchange charges the industry standard of 0.3% for token swaps.
Is It Possible to Use Leverage or Margin Trade on SushiSwap?
Sushiswap offers Kashi, a lending and margin trading platform that uses a unique isolated market framework.
# | Currency | Pair | Price USD | 1h Change | 24h Change | 24h Txns | 24h Volume | Liquidity | FDV |
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