What You Should Know Before Trading SUSHI

Modified on Thu, 16 Feb 2023 at 11:29 PM

1. What is SUSHI?

SUSHI is the main token of SushiSwap, a Decentralized Exchange (DEX) on Ethereum. SUSHI is given as a reward for the participants of the platform.

2. What is SushiSwap?

SushiSwap is a DeFi or Decentralized Exchange (DEX )that uses AMM (Automated Market Maker) to pair orders and provide liquidity automatically.

3. Where does the Value of SUSHI come from?

The value of SUSHI is directly related to the popularity of SushiSwap. The situation of the entire crypto market may affect SUSHI’s value as well.

4. At the time of writing SUSHI was traded at 354.42 THB

According to Coinmarketcap, 28 September 2021, SUSHI was traded at 354.42 THB.

References: CoinmarketcapSushiSwapPortal Cripto


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