Top articles

  • Buy SushiSwap in Australia on CoinJar

    SushiSwap

    SUSHI
    Currency=SUSHI.svg
    $0.8957AUD
    -95.38%
    Jun 2021
    Apr 2022
    Feb 2023
    Dec 2023
    Oct 2024
    Jul 2025
    Past performance is not indicative of future results. All prices are sourced from CoinJar Indices.
    SUSHI price calculator
    AUD
    SUSHI
    Buy SUSHI

    Overview

    #354Popularity
    DEXAsset type
    2020Active since
    Official site

    Stats

    Market cap161M USD
    Volume (24h)26M USD
    Circulating supply275M SUSHI

    What is SushiSwap?

    Why investors buy SUSHI: SushiSwap, a decentralised exchange (DEX), has been making itself known in the crypto world. But what exactly is it, and why are investors interested in it? Let’s take a look at SushiSwap’s popularity and why its token, SUSHI, is an interesting investment choice.

    One-Stop shop for passive income

    SushiSwap offers a diverse range of passive income opportunities, setting it apart from other DEXs.

    Here’s how it works.

    Liquidity pools

    SushiSwap allows investors to provide liquidity by participating in liquidity pools. These pools enable users to earn fees on the exchange for tokens listed on the platform. What’s unique is that SUSHI operates on 20 different blockchains.

    Yield farming

    Liquidity providers receive LP tokens, which they can use for yield farming. Yield farming involves staking LP tokens to earn additional SUSHI tokens. Unlike Uniswap, SushiSwap supports this functionality, making it a go-to platform for yield-seeking investors.

    Utility token

    SUSHI is not just a governance token; it’s a utility token. Investors benefit from its practical use within the ecosystem.

    Gas-efficient borrowing

    The BentoBox smart contract acts as a token vault. By depositing tokens into BentoBox, users earn more tokens over time. The key advantage? Gas-efficient interactions with decentralised applications (dApps).

    Gas fees are transaction fees on the Ethereum blockchain. BentoBox minimises gas costs, making it an attractive feature for investors.

    Flexibility

    The decentralised exchange operates without intermediaries. Users trade directly with liquidity pools via non-custodial wallets. This design reduces the risk of hacks and provides flexibility in coin selection.

    Conclusion

    SushiSwap’s unique features and utility token, SUSHI, make it an appealing choice for investors. As the crypto industry continues to grow, SUSHI is expected to grow in importance.

    logo_payment-method_payid.svg
    logo_payment-method_osko.svg
    best crypto exchange, buy bitcoin,
    logo_payment-method_mastercard.svg
    best crypto exchange, buy bitcoin,
    Faster_Payments_logo.svg
    logo_payment-method_apple-pay.svg
    logo_payment-method_google-pay.svg

    Cash, credit or crypto?

    Buy SushiSwap instantly using Visa or Mastercard. Get cash in your account fast with bank transfer, PayID or Osko. Convert crypto-to-crypto with a single click.

    How to buy SushiSwap with CoinJar

    Start your portfolio with Australia's longest running crypto exchange with these simple steps.
    Step oneSign up to CoinJarGet the CoinJar app on iOS or Android, create an account and verify your ID.
    Step twoDeposit funds Transfer funds from your bank account using bank transfer, PayID, Osko, SEPA or Faster Payments.
    Step threeBuy your first cryptoBuy Bitcoin and more than 60 other cryptos using cash or credit card.
    best crypto exchange
    finder award most trusted brand coinjar
    best crypto exchange, buy bitcoin, buy tether, buy xrp
    Get the CoinJar app
    App store
    App Store Rating - Apple
    App store
    App Store Rating - Google (UPDATED).svg
    AppReviews logo
    Great
    Trustpilot ratings 4 star
    TrustScore 4.2 |Trustpilot

    Featured In

    featured-in_compilation_desktop_au@1920w.png

    mastercard_pay_mark_0350ee9c9b.svg
    footer_logo_1_6a238f8aff.png
    apple_pay_mark_7d779715ad.svg
    google_pay_mark_800_1_d4e5c13bff.svg

    CoinJar Card

    CRYPTO SPENDING POWERED BY MASTERCARD®
    CoinJar Card lets you spend your crypto like cash, online and in-store – with both Apple Pay and Google Pay™. It’s free to set up, has no monthly fees and you earn CoinJar Rewards every time you spend.Get your free CoinJar Card

    CoinJar DCA & Bundles

    AUTOMATE & DIVERSIFY YOUR PORTFOLIO
    Dollar Cost Average (DCA) into individual cryptocurrencies or CoinJar Bundles. Choose your assets or Bundles with themed baskets of crypto in the CoinJar app and set up automated weekly, fortnightly, or monthly purchases at your preferred rate. Easily buy, sell, rebalance, and manage your portfolio with Recurring Buy to stay on track with your investment strategy.DCA with Recurring Buy
    best crypto exchange, buy bitcoin, buy tether, buy xrp
    best crypto exchange, buy bitcoin, buy tether, buy xrp

    CoinJar Exchange

    TRADE FOR AS LOW AS 0%
    With one of the fastest matching engines in the world, CoinJar Exchange is purpose-built for institutions, market makers and professional traders. Features global liquidity, ultra-thin spreads and some of Australia’s most competitive fees.Explore CoinJar Exchange

    Frequently asked questions

    What is SushiSwap?

    SushiSwap is a decentralised exchange (DEX) that allows users to trade crypto assets without intermediaries. It was created in 2020 as a fork of Uniswap, another popular DEX.

    How does SushiSwap differ from traditional exchanges?

    Unlike centralised exchanges, SushiSwap operates on smart contracts. Users trade directly with liquidity pools, eliminating the need for a central authority.

    What are liquidity pools?

    Liquidity pools are pools of tokens provided by users to create liquidity for trading pairs. By adding tokens to these pools, users can earn trading fees and SUSHI rewards.

    What is SUSHI?

    SUSHI is the governance token of SushiSwap. Holders can participate in decision-making and propose changes to the protocol.

    How do I create liquidity on SushiSwap?

    To create liquidity, deposit an equal value of two tokens into a liquidity pool. In return, you then can receive LP tokens. This represents your share of the pool.

    What are automated market makers (AMMs)?

    AMMs like SushiSwap use algorithms to determine token prices based on supply and demand.

    They facilitate decentralised trading without order books.

    Who is Chef Nomi?

    Chef Nomi is the pseudonymous creator of the exchange and crypto. Initially controversial due to withdrawing developer funds, Chef Nomi later returned them to the project.

    What additional features does SushiSwap offer?

    What additional features does SushiSwap offer?

    BentoBox: A smart contract vault for efficient token interactions.

    Gas-efficient borrowing: Minimises transaction fees.

    Yield farming: Stake LP tokens to earn more SUSHI.

    Is SushiSwap a safe investment?

    As with any crypto asset, risks exist. Do thorough research and consider professional advice.

    Who created SUSHI?

    The SushiSwap decentralised exchange (DEX) was founded by pseudonymous developers Chef Nomi and SushiSwap 0xMaki. SUSHI can be used in both decentralised finance (DeFi) and other centralised crypto exchanges.

    CoinJar does not endorse the content of, and cannot guarantee or verify the safety of any third party websites. Visit these websites at your own risk.

    App storeApp store

    Your information is handled in accordance with CoinJar’s Collection Statement.

    CoinJar’s digital currency exchange services are operated by CoinJar Australia Pty Ltd ACN 648 570 807, a registered digital currency exchange provider with AUSTRAC.

    CoinJar Card is a prepaid Mastercard issued by EML Payment Solutions Limited ABN 30 131 436 532 AFSL 404131 pursuant to license by Mastercard. CoinJar Australia Pty Ltd is an authorised representative of EML Payment Solutions Limited (AR No 1290193). We recommend you consider the Product Disclosure Statement and Target Market Determination before making any decision to acquire the product. Mastercard and the circles design are registered trademarks of Mastercard International Incorporated.

    Google Pay is a trademark of Google LLC. Apple Pay is a trademark of Apple Inc.

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

    CoinJar logo
    CoinJarGet the app.
    InstallInstall app