About SushiSwap
SushiSwap is a leading decentralized exchange (DEX) and DeFi ecosystem that empowers users to trade tokens, provide liquidity, and earn rewards without intermediaries. Originally a fork of Uniswap, SushiSwap has evolved far beyond its origins by delivering innovative features, community governance, and support for dozens of blockchains including Ethereum, Arbitrum, Polygon, BNB Chain, and more.
With the launch of SushiSwap V2 and now V3, the protocol continues to push the boundaries of decentralized trading, optimizing capital efficiency, reducing slippage, and maximizing user yields. SushiSwap’s community-first approach and multichain deployment make it one of the most versatile platforms in the DeFi space.
SushiSwap V2: Proven, Flexible DeFi
SushiSwap V2 represents the classic AMM-based decentralized exchange model. Using a constant product (x * y = k) algorithm, SushiSwap V2 allows anyone to create liquidity pools, provide liquidity, and swap tokens across a wide range of networks. V2 is battle-tested and supports key features like:
Yield Farming
Users can stake LP (liquidity provider) tokens to earn rewards in SUSHI and other partner tokens through incentivized farms.
Kashi Lending
Sushi’s V2 integrates with Kashi, an isolated lending and margin trading platform where users can create custom lending markets.
Onsen Menu
A curated liquidity mining program where new and promising tokens can gain exposure through SUSHI incentives.
SushiSwap V2 remains a reliable solution for simple swaps, farming, and liquidity management with robust ecosystem support.
SushiSwap V3: Advanced Capital Efficiency
SushiSwap V3 introduces a major upgrade in the form of concentrated liquidity, allowing liquidity providers to allocate capital to specific price ranges. This results in more efficient trades, higher fee earnings for LPs, and reduced slippage for traders. Inspired by the Uniswap V3 model, Sushi V3 includes:
Concentrated Liquidity
LPs can choose custom price bands to provide liquidity, improving capital utilization and maximizing ROI.
Multichain Expansion
Sushi V3 is deployed on major chains like Arbitrum, Polygon, Optimism, and Base, expanding access to efficient DeFi.
Improved Fee Structure
Tiered trading fees benefit different types of traders and LPs, from stablecoins to volatile pairs.
SushiSwap V3's enhancements make it an excellent choice for professional traders and institutional DeFi participants who require greater efficiency and liquidity control.
Security & Decentralization
SushiSwap operates as a decentralized, open-source protocol with community governance at its core. All smart contracts are publicly auditable and reviewed by reputable third-party firms. SushiSwap’s community-driven DAO governs decisions related to upgrades, incentives, and partnerships.
With features like time-locked governance, multi-signature wallets, and bug bounties, Sushi remains committed to securing user funds and platform integrity. Whether you're swapping, farming, or lending, Sushi offers transparency and safety.