Cryptopedia - SushiSwap

## What Is SushiSwap (SUSHI)? SushiSwap is a decentralized exchange (DEX) that operates as an Automated Market Maker (AMM) across multiple blockchain networks. It allows users to swap tokens and provide liquidity without relying on traditional order books. With a swap and aggregation stack spanning over 40 chains, SushiSwap offers extensive liquidity access and competitive pricing for swaps, along with smart liquidity solutions for liquidity providers. The platform's native token, SUSHI, provides holders with governance rights and a share of transaction fees. Sushi Labs, the development arm of Sushi DAO, is building a multi-DEX ecosystem through strategic partnerships and innovative DeFi primitives, including projects like Susa, Saru, and Wara. For more information, visit SushiSwap. #### What Makes SushiSwap Unique? - Multi-Chain DEX: Operating on over 40 chains, SushiSwap offers extensive network coverage and diverse trading options. - Cross-Chain Swapping: SushiXSwap enables seamless token swaps across 15 networks, facilitating flexible cross-chain trading. - Advanced Swap and Aggregation Stack: SushiSwap delivers optimal routes, competitive pricing, and swap protection through its distributed swap and aggregation infrastructure. - Advanced Liquidity Provider Tools: Features like Smart Pools and detailed analytics simplify liquidity management for providers, enhancing efficiency. - Innovative Technology: SushiSwap has introduced tools like xSushi and Blade, contributing to DeFi innovation. #### SUSHI Token Details - Creation Rate: SUSHI tokens are minted at a rate of 100 tokens per block, with an annual inflation rate of 1.5%, resulting in approximately 4.05 million SUSHI per year. - Daily Supply: Around 11,000 SUSHI tokens are minted per day, maintaining the 1.5% yearly inflation rate. - Premine: SUSHI had no premine. Minting began at Ethereum block number 10,750,000, starting with a total supply of zero tokens. #### Where Can You Buy SushiSwap (SUSHI)? SushiSwap (SUSHI) is available on most major centralized exchanges (CEXs) and decentralized exchanges (DEXs). The top centralized platforms for trading SUSHI include Binance, Coinbase, Kraken, Crypto.com, OKX, etc Additionally, you can trade SUSHI on decentralized exchanges like SushiSwap, which allows direct peer-to-peer transactions without intermediaries. New to cryptocurrency? Learn how to buy Bitcoin and other tokens here.