Mga Cryptocurrency:  7,500Mga Market:  31,612Market Cap:  $397,521,753,47124h Dami:  $73,417,745,420Dominance ng BTC:  61.0%
Market Cap:  $397,521,753,47124h Dami:  $73,417,745,420Dominance ng BTC:  61.0%Mga Cryptocurrency:  7,500Mga Market:  31,612

SushiSwap (SUSHI)

$0.648960 USD (-1.35%)
0.00004959 BTC (-2.38%)
0.00157622 ETH (-1.86%)
Earn Crypto
  • Market Cap
    $90,159,783 USD
    6,889 BTC
    218,983 ETH
  • Dami (24 na oras)
    $15,426,246 USD
    1,179 BTC
    37,468 ETH
  • Umiikot na Supply
    138,929,682 SUSHI

Tungkol sa SushiSwap

What Is SushiSwap (SUSHI)?

SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

Who Are the Founders of SushiSwap?

SushiSwap was founded by the pseudonymous entity known only as Chef Nomi. Little is known about Chef Nomi, or his or her impetus for forking off from Uniswap.

The project has two other pseudonymous co-founders, sushiswap and 0xMaki, also known as just Maki. Between them, they handle SushiSwap’s code, product development and business operations.

More recently, de facto ownership of SushiSwap was passed to Sam Bankman-Fried, CEO of derivatives exchange FTX and quantitative trading startup Alameda Research.

Bankman-Fried is a well-known participant and cryptocurrency market commentator, regularly appearing in media interviews.

What Makes SushiSwap Unique?

SushiSwap primarily exists as an AMM, through which automated trading liquidity is set up between any two cryptocurrency assets.

Its main audience is DeFi traders and associated entities looking to capitalize on the boom in project tokens and create liquidity.

AMMs do away with order books entirely while avoiding problems such as liquidity issues, which hamper traditional decentralized exchanges.

SushiSwap aims to improve on the offerings of its parent, Uniswap, by increasing the impact users can have on its operations and future.

The platform takes a 0.3% cut from transactions occurring in its liquidity pools, while its SUSHI token is used to reward users portions of those fees. SUSHI also entitles users to governance rights.

Learn more about Uniswap’s distribution on the CMC blog here.

New to DeFi? Learn more about it here.

Cryptocurrency newbie? Check out Alexandria, CoinMarketCap’s dedicated education suite.

How Many SushiSwap (SUSHI) Coins Are There in Circulation?

SushiSwap’s in-house token SUSHI is created at a rate of 100 tokens per block. The first 100,000 blocks had a block reward of 1,000 SUSHI.

The supply of SUSHI will depend on the block rate. At approximately 6,500 per day, and therefore 650,000 newly-minted tokens per day, there will be roughly 326 million tokens in circulation by September 2021, a year after SushiSwap first launched.

SUSHI had no premine, and began to be minted at Ethereum block number 10,750,000, beginning with a supply of zero tokens.

How Is SushiSwap Network Secured?

SushiSwap attempts to mitigate the traditional risks of depositing funds in smart contracts by upping the governance powers of its users.

The anonymity of its developers poses questions beyond a technical standpoint. In September 2020, for example, Chef Nomi was involved in a spat with users after withdrawing 38,000 in Ethereum (ETH) from SushiSwap. The funds were subsequently returned, with Chef Nomi publicly apologizing for doing so and calling the move a mistake.

Where Can You Buy SushiSwap (SUSHI)?

SushiSwap (SUSHI) is a freely-tradable token, with the majority of volume on major exchanges occurring on Binance, Huobi Global and OKEx.

Pairs against other cryptocurrencies and stablecoins are active, as well as with fiat, including on Bankman-Fried’s FTX exchange.

New to cryptocurrency? Learn how to buy Bitcoin and other tokens here.

Presyo ng SushiSwap

Presyo ng SushiSwap$0.648960 USD
ROI ng SushiSwap
Ranggo sa Merkado#97
Market Cap$90,159,783 USD
Dami sa loob ng 24 Oras$15,426,246 USD
Umiikot na Supply138,929,682 SUSHI
Kabuuang Supply138,929,682 SUSHI
Sagad na SupplyWalang Datos
$11.93 USD
(Sep 01, 2020)
$0.614122 USD
(Oct 20, 2020)
52 Linggong Mataas / Mababa
$11.93 USD /
$0.614122 USD
90 Araw na Mataas / Mababa
$11.93 USD /
$0.614122 USD
30 Araw na Mataas / Mababa
$1.44 USD /
$0.554414 USD
7 Araw na Mataas / Mababa
$0.715059 USD /
$0.614122 USD
24 Oras na Mataas / Mababa
$0.668736 USD /
$0.646741 USD
Mataas / Mababa Kahapon
$0.668736 USD /
$0.646741 USD
Pagbubukas / Pagsasara Kahapon
$0.663973 USD /
$0.657140 USD
Pagbabago Kahapon$-0.006833 USD (-1.03%)
Dami Kahapon$14,098,346 USD
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