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SushiSwap (SUSHI) is an example of an automated market maker (AMM). An increasingly popular tool among cryptocurrency users, AMMs are decentralized exchanges which use smart contracts to create markets for any given pair of tokens.

SushiSwap launched in September 2020 as a fork of Uniswap, the AMM which has become synonymous with the decentralized finance (DeFi) movement and associated trading boom in DeFi tokens.

SushiSwap aims to diversify the AMM market and also add additional features not previously present on Uniswap, such as increased rewards for network participants via its in-house token, SUSHI.

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Coin’s Details

  • Market Capitalization

    $2.12 B

  • Fully diluted valuation

    $2.75 B

  • Volume 24H

    $297.86 M

  • Circulating supply

    192 789 256

  • Total supply

    250 000 000

  • Circ. percent

    81.6%

  • All-time high

    $23.38 (-53.2%)

  • All-time high date

    Mar 13th, 2021

  • All-time low

    $0.4754 (2 204%)

  • All-time low date

    Nov 4th, 2020

  • First announced

SushiSwap News