SushiSwap logo

SushiSwap

Total Users
3,810
Rewards
chest
chest
chest
chest
Volume
The fiat value of incoming dapp transactions over a period of time
1%
$99,317,663
Contract Balance
The total fiat value of assets in a dapp's smart contracts
$116,057,559
Category
- No data available.
Blockchain
Arbitrum
Language
- No data available.
Official links

News

Cryptocurrency Scammer Loses 60 BTC Due to Compromised Hardware Wallets

A cryptocurrency scammer lost approximately 60 BTC, valued at around 48 million, after depositing funds into compromised hardware wallets.
user avatar

Katerina Papadopoulou

Solana Accelerate Event in Shanghai Postponed Due to Overcapacity

The Solana Accelerate event in Shanghai was postponed due to exceeding venue capacity.
user avatar

Maya Lundqvist

Coinbase Urges Bitcoin Ecosystem to Prepare for Quantum-Resistant Security

Coinbase is urging the Bitcoin ecosystem to prepare for quantum-resistant security measures to address potential threats from quantum computing.
user avatar

Leo van der Veen

What is SushiSwap?

Taking Uniswap’s elegant core design, we’ve added community-oriented features that we believe help improve the design of the protocol, as well as provide further benefits to the actors involved.

With SushiSwap, one can also provide some liquidity into a pool and earn rewards in the form of SUSHI tokens. However, unlike Uniswap, those SUSHI tokens will also entitle you to continue to earn a portion of the protocol’s fee, accumulated in SUSHI, even if you decide to no longer participate in the liquidity provision.

The earnings that you’ll receive from staking will be proportional to the amount of LP tokens you have staked versus the total amount of LP tokens staked. Unless you continue to provide liquidity, your holdings and corresponding reward earnings will gradually be diluted.

In SushiSwap, 0.25% go directly to the active liquidity providers, while the remaining 0.05% get converted back to SUSHI (obviously through SushiSwap) and distributed to the SUSHI token holders 📈.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.