SushiSwap (SUSHI)

About

SushiSwap is a decentralized cryptocurrency exchange (DEX) built on the Ethereum blockchain. It operates as an automated market maker (AMM), allowing users to trade Ethereum-based tokens without intermediaries. Launched in September 2020 as a fork of Uniswap, SushiSwap provides liquidity through user-provided pools of cryptocurrencies. The platform's native token, SUSHI, is an ERC-20 token that rewards liquidity providers and allows holders to participate in governance decisions. SushiSwap offers features like yield farming and staking through its SushiBar. Users can become liquidity providers by depositing tokens into pools, earning fees and SUSHI rewards. The platform supports cross-chain swaps via SushiXSwap, allowing seamless transfers across multiple blockchains. SUSHI tokens can be traded on various exchanges and stored in Ethereum-compatible wallets. The decentralized nature of SushiSwap ensures that all transactions are executed via smart contracts, maintaining transparency and security.