The current real-time price of SUSHI is $0.2709. In the past 24 hours, SUSHI has traded between $0.2600 and $0.3000, showing strong market activity. The all-time high of SUSHI is $23.38225, and the all-time low is $0.1918.
From a short-term perspective, the price change of SUSHI over the past 1 hour is , over the past 24 hours is +0.97%, and over the past 7 days is -9.49%. These figures provide a quick overview of the latest price trends and market dynamics of SUSHI on LBank.-10.50%
The live price of SUSHI today is $0.2709, with a current market cap of $77.703M. The 24-hour trading volume is 14M. The price of SUSHI to USD is updated in real time.
Before deciding whether to buy or sell SUSHI, you should first consider your own trading strategy. Long-term traders and short-term traders follow different trading approaches. LBank’s SUSHI technical analysis can provide you with trading references.
What will the value be? You can use our price prediction tool to conduct short-term and long-term price forecasts for SUSHI.
How much will SUSHI be worth tomorrow, next week, or next month in ? What about your SUSHI assets in 2025, 2026, 2027, 2028, or even 10 or 20 years from now? Check now! SUSHI Price Prediction
To learn more about SUSHI, consider exploring other resources such as the whitepaper, official website, and other published information:
Top 5 addresses | Holding amount | Holding ratio | |
|---|---|---|---|
ethereum | 0xf977...41acec  | 50.595M | 17.12% |
ethereum | 0x8798...ff4272 | 18.440M | 6.24% |
ethereum | 0x611f...dfb09d | 13.282M | 4.5% |
ethereum | 0xa4b9...e1bf30 | 11.732M | 3.97% |
ethereum | 0x5a52...70efcb | 6.973M | 2.36% |
Other | 194.454M | 65.81% |
SushiSwap is an automated market maker (AMM) system and a decentralized exchange (DEX) initially built on the Ethereum blockchain, now supporting multiple chains. It enables users to trade cryptocurrencies directly without a centralized intermediary, leveraging liquidity pools and smart contracts to facilitate these exchanges.
SUSHI is SushiSwap's native ERC-20 token, serving several key functions within its ecosystem. It grants holders governance rights, allowing them to vote on protocol proposals. Users can stake SUSHI in the "SushiBar" to receive xSUSHI, entitling them to a share of the platform's trading fees. Additionally, SUSHI was initially used as an incentive to attract and reward liquidity providers.
SushiSwap operates on an Automated Market Maker (AMM) model, deviating from traditional order books. It relies on liquidity pools, which are collections of two different tokens contributed by users. When a user performs a token swap, they interact directly with these pools. Smart contracts automatically manage the token exchange and determine prices based on a predefined algorithm, ensuring continuous liquidity for trades.
SushiSwap offers a comprehensive suite of DeFi services. These include direct Token Swaps between various cryptocurrencies and Liquidity Provision, where users deposit token pairs to earn trading fees and SUSHI rewards. It also features Yield Farming for additional rewards by staking SushiSwap Liquidity Provider (SLP) tokens, and Staking in the SushiBar to gain governance rights and a share of platform revenue. SushiSwap further supports Multi-chain Functionality, extending its operations across numerous blockchain networks.
SushiSwap launched in August 2020, forking from another prominent AMM to introduce a governance token and more community-centric features. It was created by pseudonymous founders "Chef Nomi" and "0xMaki." Its early days were marked by controversy, including a "vampire attack" on a similar decentralized exchange and "Chef Nomi's" initial withdrawal and subsequent return of developer funds. Control of the protocol was briefly transferred to Sam Bankman-Fried to help stabilize the project.
Investing in SUSHI or using SushiSwap involves several risks. These include high Market Volatility and Liquidity Risk, where SUSHI's price can fluctuate significantly. Liquidity providers face Impermanent Loss if the price ratio of their deposited tokens changes unfavorably. Smart Contract Risks exist, as contracts can be vulnerable to defects or hacks. Regulatory Risk is also a factor, given the evolving crypto landscape. Lastly, SUSHI's Inflationary Tokenomics mean new tokens are continuously minted, potentially impacting its value.
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