What Is It

SushiSwap is a multi-chain decentralized exchange offering various Decentralized Finance (DeFi) products.

About SushiSwap

SushiSwap is an automated market making (AMM) decentralized exchange (DEX) that is built on the Ethereum blockchain. It is a community-run project that is governed by vote of the community, using their own governance token. As of 9 November 2022, it has over US$470M in total value locked (TVL).

Read through our deep dive of SushiSwap in our three-part analysis:

  1. A Deep Dive into Sushi: Otoro for Breakfast – A Fundamental Analysis (Part 1)
  2. A Deep Dive into Sushi: One Sashimi… Two Sashimi – A Structural Analysis (Part 2a)
  3. A Deep Dive into Sushi: Grains of Rice – A Structural Analysis (Part 2b)


Tokens and Tokenomics

  • Hard cap of 250M SUSHI, to be reached in November 2023.
  • Projected emissions curve and supply totals:

Total supply of tokens will be distributed as such:

  • 90% for the community
  • 10% for the developer’s fund (0xe94b5eec1fa96ceecbd33ef5baa8d00e4493f4f3)


  1. SushiSwap Pools Explained: https://help.sushidocs.com/products/sushiswap-pools
  2. SushiSwap Documentation: https://docs.sushi.com/
  3. Contract: 0x6b3595068778dd592e39a122f4f5a5cf09c90fe2

Harvest, our Portfolio Management Tool, supports SushiSwap! Track your position here. Unsure which protocols are supported? Check out the complete list. If you enjoyed this, explore Learn DeFi, which covers DeFi fundamentals. Alternatively, read Insights for more in-depth research on the DeFi space. Subscribe for our updates below!