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SushiSwap (Arbitrum)

About SushiSwap (Arbitrum)

What is SushiSwap (Arbitrum)?

SushiSwap is a decentralized exchange (DEX) with an automated market maker (AMM) model. It uses smart contracts to enable frictionless trading of multiple token pairs. SushiSwap was originally a fork of another well-known decentralized exchange, UniSwap, which was also one of the first exchanges to adopt the automated market maker model. The exchange grew rapidly and later became one of the largest exchanges in the DeFi space. The exchange is now available on almost all EVM-compatible layer 1 blockchains as well as multiple layer 2 solutions on Ether and Arbitrum. SushiSwap's goal is to make license-free and uncustodial transactions available to DeFi traders and institutions. The exchange's governance is more egalitarian than other exchanges. Its native tokens can be used to vote on governance issues. One of the company's core products is Bento Box, a token vault that generates revenue for the funds deposited in it. Another key product is Kashi, a lending and margin trading platform where anyone can create custom and gas-efficient token markets. With its liquidity provision program MasterChef V2, the exchange has a total locked-in value (TVL) of over $1 billion at the time of writing. Finally, Miso provides projects with the opportunity to trade on the platform, whether through fixed-price or Dutch auction options.

Who are the founders of SushiSwap?

Chef Nomi is the anonymous founder of SushiSwap, who left the project shortly after its creation. He handed over management to another developer under the alias 0xMaki. Later, the ownership of the exchange was transferred again. This time, it went to Sam Bankman-Fried, the CEO of the centralized exchange FTX.

When did SushiSwap launch?

SushiSwap launches in August 2020.

Where is SushiSwap located?

As the exchange is primarily run and developed by anonymous individuals, there is no central headquarters location.

Countries with restricted access to SushiSwap

There is currently no information on countries that have banned or restricted the exchange.

List of tokens supported by SushiSwap

Since the exchange works on almost all major Layer 1 blockchains and Layer 2 solutions, SushiSwap supports almost all ERC-20 tokens on the market.

What are the fees for SushiSwap?

The exchange charges a 0.3% fee for token conversions based on industry standards.

Can I trade on SushiSwap with leverage or margin?

Sushiswap offers a lending and margin trading platform, Kashi, which uses a unique segregated market framework.