SushiSwap

SushiSwap (Sushi) is an open-source decentralized exchange (DEX) built on Ethereum initially launched as a fork of Uniswap.

The SUSHI token powers the community-driven Sushi project which aims to solve DeFi’s liquidity problems.

The DEX was created by the pseudonymous Chef Nomi. Developed as a direct fork of Uniswap v2, Sushi was differentiated by liquidity mining and its on-chain governance token, SUSHI.

Sushi launched on August 28, 2020 by two pseudonymous users, Chef Nomi and OxMaki. Yearn Finance announced a merger with Sushi later that year. SUSHI tokens started to be released to the market that year and were set for full release by November 2023.

Sushi is a community-owned and operated project that uses liquidity pools and smart contracts to execute trades without a centralized authority. It provides SUSHI token holders governance rights.