SushiSwap DEX: Swap Crypto, Add Liquidity and Earn Yield

Self custody

Why traders move their swaps to SushiSwap

Three things decide where a swap happens: the price you get, who holds your coins while it settles, and how long you wait. Sushi answers all three the same way.

Routing that splits orders

A $50,000 order rarely fits one pool cleanly. The router breaks it across several and compares the combined output before you sign. On mid-cap pairs that has cut measured price impact by about a third.

Nothing sits on a platform

Your tokens leave your wallet at the moment of the trade and arrive back in the same block. There is no exchange balance to freeze, no withdrawal ticket, no support queue standing between you and your funds.

One app, 41 chains

Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, Avalanche, Linea and more. Switch network in the header and your wallet follows. Cross-chain swaps route through an integrated bridge in a single flow.

Listings the day a token exists

Anyone can create a pool, so new assets trade here long before a centralized listing committee gets around to them. Read the pool depth first. Thin liquidity is thin liquidity, whatever the ticker.

Open the Exchange

Liquidity pools

Every swap pays the people who funded the pool

Deposit two assets, receive a position, and collect a share of the trading fees that pool generates for as long as you stay in. Fees accrue block by block. You can claim them or walk away whenever you want, no lockup, no notice period.

Pick your fee tier. 0.05% for stable pairs, 0.3% for volatile ones, higher on exotic pairs where the risk deserves it.
Concentrate your range. Put capital where the price actually trades instead of spreading it from zero to infinity.
Stack incentives. Selected pools carry reward streams on top of swap fees during onboarding periods.
See real yield, not marketing yield. Every APR figure in the app is derived from fees the pool has already collected.

Open a Pool Position

Liquidity pool overview with fee tiers, deposited pairs and yield figures

Sample liquidity pools with fee tier and recent yield
Pool	Chain	Fee	7d APR
USDC / USDT	Arbitrum	0.05%	11.4%
ETH / USDC	Base	0.30%	24.8%
WBTC / ETH	Ethereum	0.30%	9.6%
SUSHI / ETH	Optimism	0.30%	31.2%

Figures are recent snapshots and move with volume. Yield is never fixed in a pool.

Data, not adjectives

Where the volume is actually going

Two charts worth reading before your first trade: how monthly swap volume has moved through 2026, and how liquidity is spread across the busiest networks. Depth is what protects your price.

Monthly swap volume, 2026

Billions of US dollars routed through the exchange, all chains combined.

Liquidity share by network

Percent of total pooled value, top five chains.

Volume figures are aggregated from on-chain pool activity. Past throughput says nothing about the price of any token you buy.

Honest comparison

DEX, centralized account, or single-chain swap tool

Each column wins at something. Pick the one that matches how you actually trade.

Feature comparison between SushiSwap, a centralized exchange account and a single-chain DEX
What matters	SushiSwap	Centralized account	Single-chain DEX
Who holds your coins	You, always	The platform	You
Signup and identity checks	None	Email, ID, sometimes proof of address	None
Networks reachable	41	Depends on listings	Usually 1
Swap fee	0.05% to 0.3% to liquidity providers	0.1% to 0.6% plus withdrawal fees	0.3% typical
Earning options	Pool fees, incentive streams, staking	Savings products at platform discretion	Pool fees only
New token access	Day one, if a pool exists	After listing review	Chain-limited
Withdrawal delays	None, settlement is the trade	Minutes to days	None
Cross-chain in one flow	Yes, bridge integrated	Internal transfer only	No

Swipe the table sideways on a phone to see every column.

Show me the four steps

First trade in six minutes

How to start on SushiSwap

If you already hold a wallet, most of this is done. If you do not, install one first and fund it with a small amount. Test the flow with $20 before you move real size. Sensible people do.

Connect Wallet and Trade

Trader connecting a crypto wallet to the SushiSwap app on a laptop

Step 1

Connect your wallet

Open the exchange, tap Connect Wallet and choose your provider. Approve the connection request. Nothing is signed and no funds move at this stage.

Step 2

Pick the network and the pair

Select the chain where your tokens sit, then choose the token you are selling and the token you want. The router compares pool routes and shows the best output.

Step 3

Check the quote and slippage

Read the rate, the price impact and the minimum received. Adjust slippage tolerance if the pair is thin, then confirm the amount.

Step 4

Sign and watch it settle

Approve the token if it is your first time, sign the swap, and the tokens land in your wallet once the block confirms. Most L2 trades settle in under fifteen seconds.

Verified wallet reviews

What people say after a few hundred swaps

4.7

2,834 reviews from wallets with on-chain trade history

83% rate routing quality 5 of 5

Median first swap completed in 4 minutes 12 seconds

I moved my swap routine off a centralized app last spring. Routing on SushiSwap saved me about 1.4 percent on a 12 ETH trade compared to the quote I had open in another tab. That difference pays for a lot of gas.

MW

Marcus Whitfield

Denver, CO ·

My stablecoin pool position has paid fees every single week since February. Not a fortune, roughly $310 a month on a $24k position, but it is steady and I can pull out whenever I feel like it.

DO

Danielle Okafor

Austin, TX ·

Bridging between Arbitrum and Base inside one interface is the part I did not expect to like this much. Four minutes, gas estimate accurate to the cent. Wish the position chart loaded faster on mobile.

TL

Trevor Lindqvist

Seattle, WA ·

Portfolio screen with liquidity positions and collected trading fees

A case worth reading: $18,000 into a range position

In March, a member of the community documented a concentrated ETH/USDC position on Base. Range set at plus and minus 12 percent, $18,000 deployed, rebalanced twice over five months. Total swap fees collected: $2,940. Impermanent loss against simply holding: about $640. Net ahead by $2,300, and every number verifiable on chain.

That is one position in one market cycle. Yours will look different. The point is that the arithmetic is public and you can check it yourself.

Product updates

Fresh from the development log

Read in the app

Routing

Order splitting reaches more pools per chain

Larger orders now sample additional pools before execution. Measured price impact on mid-cap pairs fell by roughly a third in internal testing.

Networks

Two new L2s added to the chain switcher

Pools are live and bridge routes are enabled, bringing the count to 41. Early liquidity is thin on both, so check depth before sizing up.

Interface

Position analytics rebuilt for mobile

Fee history, range utilization and claim buttons now fit one screen on a phone. Chart rendering is around 40 percent faster on older devices.

Straight answers

Questions people ask before their first DEX swap

Still unsure about something? Write to support@v2-sushi.co.com and a human replies, usually within a few hours.

Support and documentation screen with answers about swaps and liquidity pools

No. There is no signup form, no email and no password. You connect a wallet such as MetaMask, Rabby or Coinbase Wallet, pick two tokens and approve the transaction. Your keys stay with you the whole time.

Pool fees range from 0.05 percent on stable pairs to 0.3 percent on volatile ones, and that fee goes to liquidity providers. On top of that you pay network gas, which on Arbitrum or Base is usually a few cents and on Ethereum mainnet depends on congestion.

When you deposit two assets into a pool you receive a share of every swap fee that pool earns, proportional to your share of the reserves. Fees accrue to your position continuously and you can claim or exit at any block.

More than 40, including Ethereum, Arbitrum, Base, Optimism, Polygon, BNB Chain, Avalanche, Linea, Scroll and Blast. You switch chain inside the interface and your wallet follows the prompt.

Yes. If the two assets in your pool move apart in price, the value of your position can trail simply holding them. Stable pairs and correlated pairs reduce it, and concentrated ranges help you decide where your capital works. Fee income is the offset, not a guarantee.

Slippage tolerance is the maximum price movement you accept between signing and execution. It sits in the settings icon above the swap panel. Half a percent suits liquid pairs, thin markets may need more, and anything above two percent deserves a second look.

Yes. Cross-chain swaps route through an integrated bridge, so you can send USDC on Polygon and receive ETH on Base in a single flow. The interface shows the bridge fee and the expected wait before you confirm.

A failed swap does not move your tokens, though the gas already spent is gone. Stuck transactions can be sped up or cancelled from your wallet with a higher fee. The exchange itself never holds your balance, so nothing is trapped on a platform account.

Your keys, your trade

Two tokens, one signature, no account

Start with an amount you would not lose sleep over. Watch the route, read the price impact, sign. That is the whole exchange. The pool side can wait until the swapping feels ordinary.

Enter the App Review the steps again

Trading digital assets carries risk of loss, including total loss. Yields shown are historical and not promises. Only commit funds you can afford to lose, and never share your seed phrase with anyone, including anyone claiming to be support.