Live analysis of sushi prices
The current real-time price of SushiSwap is US$1.68and its trading volume is equal to US$458,340,244 in the last 24 hours. There is a price for SUSHI grew by
29.46%
on the last day and increased by
35.96%
in the last 7 days. It is important to note that SushiSwap’s current market capitalization is US$390,678,641Speaking of working inventory, SUSHI has 232 049 402 coins. Currently, SushiSwap’s market rating is #155.
SushiSwap price today
92.80%
below
always on top and that’s it
516.59%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling SUSHI are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is SushiSwap (SUSHI)?
SUSHI is the token that powers SushiSwap. automated market maker (AMM). SushiSwap was originally launched in 2020 as a fork of Uniswap AMM. Since Uniswap, the parent AMM, is powered by Ethereum SUSHI is an ERC-20 token.
SushiSwap is known as a DeFi platform that offers a range of solutions in addition to multi-chain AMM. Some of the notable services available on the Sushi.com platform are BentoBox/Kashi lending, xSushi rate and Onsen program. You can see SUSHI price statistics above.
Who is the creator of SushiSwap?
SushiSwap was developed by an anonymous organization known as Chef Nomi. Biographical information about them is unknown. At the time of inception, in November 2020, SushiSwap’s price was set at $1.19.
In 2020, Chef Nomi withdrew 38,000 ETH from SushiSwap, causing outrage among the community. Chef Nomi stated that this was their well-deserved reward for developing the platform. The funds were later returned. Chief Nomi called the decision a mistake and let the community determine what the actual amount deserved was.
SushiSwap is now community-driven, although the actual owner of the platform is Sam Bankman-Fried. Possession SUSHI token allows users to directly participate in the management of the SushiSwap platform.
The lowest price of the token was recorded in November 2020, after the withdrawal of funds by Chef Nomi. In its first year on the market, the highest recorded price for SUSHI in March 2021 was over $23.
What is SushiSwap tokenomics?
Although it did not initially include a hard limit, this decision was changed by community action. The supply of SUSHI is now limited to 250 million tokens. The hard limit is expected to be reached by November 2023. There were no tokens. pre-mined ahead of launch in 2020.
Since the asset is deflationary, the expected market trend is that the price of SushiSwap will begin to rise once all assets are unlocked and put into circulation. Due to incineration and storage, the available supply in the market will decrease, resulting in an increase in the value of the asset.
There is a 0.3% fee for each transaction. Of this amount, 0.25% is allocated to those who contribute to the liquidity pools, and the remaining 0.05% is divided among all SUSHI token holders.
Is SushiSwap safe?
Like many tokens, SushiSwap is considered volatile due to changes in market prices. In addition, holders must cover transaction fees when using the SUSHI token. If a token is traded on decentralized exchanges, users should be careful of common risks such as the carpet is pullingphishing and other types of fraud.
The SushiSwap token price was heavily impacted by the Chef Nomi withdrawal in 2020. She also bounced back. Therefore, it is important to know that the price of SUSHI is volatile and may change depending on market conditions or blockchain events.
What is the trading volume of SushiSwap in the last 24 hours?
SUSHI has trading volume US$458,340,244 in the last 24 hours.
What is the highest price on SushiSwap?
SUSHI has the highest price $23.38which was achieved at March 13, 2021 (2 years 11 months ago).
What is the lowest price on SushiSwap?
SUSHI has the lowest price $0.2731which was achieved at December 11, 2022 (1 year 2 months ago).
What are the best exchanges to buy and sell SUSHI?
Currently the most active and dominant exchanges for buying and selling SushiSwap are Binance, Kraken & Kucoin. The most popular SushiSwap trading pairs SUSHI/USDT
(on
Binance
),
SUSHI/USD
(on
Kinbase
),
SUSHI/USDT
(on
Gate.io
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
What are the safest hardware wallets for storing SUSHI?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage SushiSwap. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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A cryptocurrency exchange is an online platform where you can buy, sell, or trade cryptocurrencies like Bitcoin, Ethereum, and others.
Safety varies by exchange. Look for platforms with strong security measures, like two-factor authentication and cold storage for funds.
Consider factors like security, fees, available coins, user interface, and customer support.
Centralized exchanges are managed by a company, while decentralized exchanges operate without a central authority.
Many exchanges require Know Your Customer (KYC) verification for security and regulatory compliance.
Trading fees vary but typically include maker fees (for adding liquidity) and taker fees (for removing liquidity).
Yes, most exchanges offer cryptocurrency-to-cryptocurrency trading pairs.
Withdrawal times depend on the exchange and the cryptocurrency. Some are instant, while others may take hours or even days.
A wallet address is like a bank account number for cryptocurrencies. It’s required to send your crypto to the right place.
Yes, depending on your country’s tax laws, trading cryptocurrencies may have tax consequences. Consult a tax professional for guidance.
Yes, many cryptocurrency exchanges operate 24/7, allowing you to trade at any time.
A market order buys or sells at the current market price, while a limit order sets a specific price at which you want to buy or sell.
Yes, each exchange sets its own minimum and maximum trading limits, which can vary widely.
It’s not recommended. For security, it’s better to use a cryptocurrency wallet, especially for significant holdings.
Exchanges typically have account recovery processes, including password reset options and support for forgotten usernames.
Some exchanges offer insurance, but coverage can be limited. It’s essential to check an exchange’s insurance policy.
Use strong passwords, enable two-factor authentication, and be cautious of phishing scams and suspicious emails.
Yes, but it’s recommended to learn the basics of trading and understand the risks involved before you start.
Stablecoins are cryptocurrencies pegged to the value of a fiat currency like the US dollar. They provide stability and are commonly used for trading and transferring funds on exchanges.
Yes, regulations vary by country. Many countries have implemented or are considering regulations to govern cryptocurrency exchanges for consumer protection and financial stability.
