DEXes · Review
ActiveSushiSwap Review 2026: Multichain DEX and Swap Aggregator
SushiSwap is a long-running multichain decentralized exchange that pairs a swap interface with an aggregator for routing across many networks. It suits users who want broad chain coverage, but liquidity and fee details vary by chain.
By the DappsAtlas editorial team · Updated
DappsAtlas score
7.4/10
Good
Our verdict on SushiSwap
7.4/10SushiSwap suits DeFi users who want one interface for swaps, cross-chain trades and liquidity across many networks. Its main strength is breadth: aggregation, perps, staking and a launchpad on dozens of chains. The main caveat is that liquidity depth and fees differ by chain, and the swap page does not state fee percentages, so check each quote and use only the official address.
Score breakdown
How SushiSwap scores
- Security
- 7.0/10
- Ease of use
- 7.5/10
- Fees
- 6.0/10
- Features
- 8.0/10
Scores run from 0 to 10 and are based only on facts we could verify. Where information was missing we mark the score n/a rather than guess.
What is SushiSwap?
SushiSwap is a decentralized exchange that started on Ethereum as a community-driven fork of Uniswap's automated market maker. It has since grown into a multichain platform covering more than 30 chains by the project's own count, and over 40 in its tracked description.
The current site centres on a swap interface with advanced and cross-chain modes, plus sections for perpetuals, a launchpad, liquidity positions and staking. The protocol shows roughly $37 million in total value locked, with a flat 7-day change of about 0.1%.
SUSHI is its native token, and three audits are listed in the tracked data. The project does not publish team names or fee tiers on the swap page itself.
How SushiSwap works
SushiSwap is an automated market maker. Instead of an order book, traders swap against liquidity pools. Liquidity providers deposit pairs of tokens and earn a share of the fees on trades through that pool.
Sushi also runs an aggregation stack. When you request a swap, it looks for the best route, which can use Sushi pools or other sources, and the interface shows the routing source. Cross-chain mode lets a swap span two networks.
Everything is non-custodial. You connect a wallet, approve tokens and sign each transaction. The operator behind the site is Sushi Labs, per its cookie notice, while the broader project describes itself as a decentralized organization.
8 features
Key features
01
Swap with route details
The swap box shows price impact, minimum received, fee, network fee and routing source before you confirm a trade.
02
Aggregation stack
A powerful aggregator searches for the best rates across DeFi rather than only Sushi's own pools.
03
Cross-chain swaps
Advanced and cross-chain swap modes sit alongside the basic swap, so you can move value between networks from one interface.
04
Wide chain coverage
The project describes itself as the most multi-chain DEX, with listings across 40+ chains in the tracked data.
05
Liquidity and staking
Positions and Stake sections let users provide liquidity and stake SUSHI.
06
Perps
The navigation includes a perpetuals section for leveraged trading.
07
Launchpad
A launchpad section is part of the product menu for new token launches.
08
Tax token slippage guidance
The swap warns that for tax tokens the slippage setting must include the token's tax, for example 0.5% plus 5% tax equals 5.5%.
Pros and cons
What we like
- Supports a very wide range of chains from one interface.
- Aggregator routing aims for better rates than a single pool.
- Non-custodial: no account or deposit with the operator is needed.
- Offers swaps, perps, liquidity, staking and a launchpad in one place.
- Swap panel shows price impact, fees and routing before you sign.
- Long operating history since its early DeFi days, with three audits listed.
Watch out for
- Many chains means uneven liquidity; smaller networks may have thin pools and worse prices.
- Smart-contract risk applies to swaps and liquidity positions, even with listed audits.
- Liquidity providers face impermanent loss when token prices diverge.
- Scam sites imitate the Sushi name, so users must verify the address before connecting a wallet.
- Fee levels, team details and audit reports are not laid out on the swap page itself.
- TVL is modest next to the largest DEXs, which can limit depth on some pairs.
SushiSwap fees
Sushi's swap panel has a Fee line, a Network fee line, price impact and min/max received. The page text does not state a percentage, so the live quote on each trade is the place to check it.
On top of any protocol fee, you pay gas on the chain you use, in that chain's native token. Gas costs vary widely between networks like Ethereum and Layer 2s. Liquidity providers earn a share of trading fees, but the rate for a given pool is shown on the pool page.
Is SushiSwap safe?
Sushi is non-custodial, so you keep your keys, but you accept smart-contract risk each time you approve or swap. Three audits are listed for the protocol. Audits reduce risk but do not remove it, and new products such as perps or the launchpad may carry their own risks.
The project does not publish a regulatory licence on the swap page. Cookie notices name Sushi Labs as the data processor. Several lookalike sites use the Sushi name, including no-KYC swap services and site-builder pages, so confirm the official address and never share a seed phrase. Check that DeFi trading is permitted where you live.
7 steps
How to get started with SushiSwap
- 1
Open the official Sushi site by typing the address yourself or using a trusted bookmark.
- 2
Read the cookie notice and choose your preferences.
- 3
Connect a self-custody wallet and select the network you want, such as Ethereum.
- 4
Pick the token to sell and the token to buy, then enter an amount.
- 5
Check price impact, minimum received, fee and network fee, and adjust slippage if needed.
- 6
Confirm the approval and swap in your wallet.
- 7
Verify the result in your wallet or a block explorer.
Who SushiSwap is for
SushiSwap suits DeFi users who trade on several networks, want routing across liquidity sources, or provide liquidity and stake SUSHI. It is less suited to complete beginners who have no wallet or who do not yet understand slippage, approvals and gas.
SushiSwap FAQs
What is SushiSwap?
SushiSwap is a decentralized exchange that began on Ethereum and now runs on dozens of chains. Users connect a wallet and swap tokens directly from it, without creating an account. It also offers perpetuals, a launchpad, liquidity positions and staking.
Does SushiSwap require KYC?
The site does not publish a KYC step on its swap page. You connect a self-custody wallet and trade on-chain. Local rules still apply, and the operator, Sushi Labs, collects some data through cookies as its notice describes.
What is the SUSHI token?
Its token is SUSHI. It is used in the Sushi ecosystem, including staking. The details of staking rewards and governance rights are best checked on the Stake section of the official site.
What fees does SushiSwap charge?
The swap interface lists a fee line, a network fee and the routing source before you confirm. The exact percentage is not stated on the page text, so check the quote for each trade. Network gas is paid in the chain's native token.
Is SushiSwap safe?
No DEX is risk-free. Three audits are listed for the protocol, which helps, but bugs, bad token contracts and phishing sites remain real risks. Use only the official address, review approvals and avoid tokens you cannot verify.
Which networks does SushiSwap support?
It lists support for 30 to 40+ chains, depending on the source, including Ethereum, Arbitrum, Base, Polygon, BNB Chain, Avalanche, Optimism and Linea. Availability of specific pairs depends on the liquidity on each chain.
Compare
SushiSwap alternatives
Uniswap V3 is a non-custodial decentralized exchange protocol for token swaps and concentrated liquidity provision across 40+ chains.
Uniswap V4 is the latest Uniswap DEX version with hooks and concentrated liquidity, running on 22 chains for self-custody token swaps and liquidity provision.
Uniswap V2 is a non-custodial automated market maker DEX on 17 chains for token swaps and liquidity provision, with about $938M TVL.
PancakeSwap AMM V3 is a multichain decentralized exchange using concentrated liquidity pools, for traders and liquidity providers, led by BNB Chain.
Fluid DEX is the trading layer of Instadapp's Fluid protocol, where LP positions can also serve as collateral on a shared liquidity layer.
PancakeSwap Infinity is a multichain DEX with multiple pool types for capital efficiency, aimed at traders and liquidity providers on BNB Chain and Base.
Same category
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Curve is a decentralized exchange on Ethereum built for low-slippage swaps of stablecoins and similar assets, with CRV governance and a crvUSD stablecoin.
PancakeSwap is a BNB Smart Chain decentralized exchange with swaps, farming, staking and CAKE governance for self-custody DeFi users.
PancakeSwap V2 is a constant-product AMM DEX mainly on BNB Chain for swapping tokens, providing liquidity and farming CAKE rewards.
THORChain is a Layer 1 DEX for swapping native assets across blockchains without wrapped tokens or bridges, aimed at self-custody and no-KYC users.
Raydium is a decentralized exchange and automated market maker on Solana, built around fast, low-cost swaps and liquidity pools.
QuickSwap is a multichain DEX, started on Polygon, offering swaps, liquidity pools, farms, QUICK staking and perpetuals for self-custody DeFi users.
Same chain
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Lido is a liquid staking protocol where users stake ETH and receive stETH, a reward-earning token usable across DeFi, governed by LDO holders.
Aave V3 is a non-custodial DeFi lending protocol on 21 chains where users earn interest on deposits or borrow against collateral.
DeFi Saver is a non-custodial tool for managing and automating leveraged lending positions across major DeFi protocols on Ethereum and layer-2 networks.
OKX is a major centralized crypto exchange for spot and derivatives trading, earn products and a Web3 wallet, with its own OKB token.
LayerZero V2 is a cross-chain messaging protocol and bridge infrastructure for developers and asset issuers, connecting dozens of blockchains.
Morpho Blue is a permissionless lending primitive with about $11.4 billion in TVL on DefiLlama, accessed mainly through curated vaults.
Guides
Guides about SushiSwap
DeFi
Coinbase and SushiSwap: What the Listing Means in 2026A large US exchange listing brought SushiSwap back into the spotlight, but the protocol's launch history and founder controversy still shape how it is judged. This guide explains what the Coinbase connection does and does not mean, and how to check the current facts yourself.
DeFi
How SushiSwap's Multichain Expansion Can Drive More UsersSearches for tasty sushi usually point to SushiSwap, a decentralized exchange that has grown by deploying on many blockchains. This guide explains how that model works, why it can bring in more users, and where the gains and risks tend to come from.
DeFi
How to Stake RADAR for Rewards on SushiSwap in 2026Rewards for RADAR on SushiSwap depend on which pool is live, so this guide shows how to confirm a pool, verify the token, stake step by step, and weigh the risks before depositing. It also explains why advertised yield figures should be treated as estimates rather than promises.
Wallets and tools
MetaMask Swap vs SushiSwap: How to Choose a Token Swap RouteMetaMask Swap and SushiSwap both let you trade tokens from a self-custody wallet, but they work in different ways. This guide explains how each one routes trades, what to compare before you sign, and how to choose between them.
DeFi
Multichain DEX Expansion: How SushiSwap Reaches More UsersRunning the same decentralized exchange on several blockchains can bring in new traders, but it also splits liquidity and adds bridge risk. This guide explains how multichain expansion works, why it can grow a user base, and what to check before you trade.
DeFi
NFTX and the Uniswap to SushiSwap Liquidity Migration ExplainedNFTX vault liquidity has been tied to decentralized exchange pools, so holders need to know how the 2020 Uniswap-to-SushiSwap liquidity moves worked and how to confirm where NFTX pairs sit today. This guide explains the mechanics, the checks to run, and the risks to weigh before moving any position.
How we checked
Sources
Last updated . Spotted an error? Tell us and we will correct it.