SushiSwap is the automated Market Maker (AMM) decentralized exchange (DEX) currently on the Ethereum blockchain. In addition to DEX, SushiSwap is involved in a number of governance, operations and incentive contracts that contribute to the development of the SushiSwap ecosystem and utilization.

Sushi is a community-driven organization that aims to solve what it calls the "mobility problem." Liquidity problems can be understood as the inability of different forms of liquidity to connect to the market in a decentralized way, and while other solutions offer significant advances in addressing liquidity problems, Sushi's advances aim to create broader network effects. Rather than confining itself to a single solution, Sushi interweaves together many disparate markets and tools.

DEX market fragmentation and platform fragmentation make it difficult for users to choose.

To date, Sushi has provided AMM support for five different Layer 1 chains, including Binance Smart Chain, Ethereum, Polygon, Fantom, and Huobi Eco-chain, making it a one-stop shop for transactions across a variety of networks.

SushiSwap's main product is an automated market maker protocol built on Ethereum, similar to Uniswap V2. AMM comes with a set of smart contracts that handle award allocation, overall operations, and protocol governance.

Liquidity mining, pledge to obtain trading fees bonus, governance voting.

Continue Uniswap V2's automated market maker (AMM) model in exchange.

Not limited to DEX, SushiSwap offers a range of products and services, such as the main products: SushiSwap's AMM, Kashi for lending, BentoBox vault and dApp ecosystem, Miso starter board, and Trident, Sushi's next-generation market maker.

Capped at 250 million, 10% of all issues will go to the Multisig-controlled finance/development fund. 0.05% of the exchange transaction fee will be awarded to holders of xSUSHI tokens.

Multi-platform aggregation, one-stop financial service provider.

While Sushi's AMM is no longer the only flagship product, it still has an edge over other major AMMs such as Uniswap V2, Uniswap V3, and PancakeSwap. SushiSwap currently holds about 8.6 per cent of the market, based on daily trading volumes. However, SushiSwap's list only records ETH transactions. Given the major presence of Sushi in other chains in question, if these non-ETH transactions were aggregated, Sushi would sit close to ~10%, next to PancakeSwap.

Sushi has come a long way since its early days and has overcome many obstacles, both from an innovative perspective and an early internal struggle with the anonymous founder. Along the hard way, the team set out to make Sushi its own unique product and shed its reputation as a Uniswap clone.

Sushi has been around for over a year now, and it stands out in a space that is growing at breakneck speed with its amazing numbers and products. The main AMM products are currently supported on 14 different chains, making it one of the largest cross-chain liquidity agreements, providing over $1.4 billion in liquidity and trading volume of $108 billion since inception. Looking ahead, the boundaries will continue to be pushed, with the Shoyu NFT market under development and the Upcoming release of the Trident AMM agreement, SUSHI supporters have high hopes for the future.

One of the biggest benefits of SushiSwap is that most of the transaction fees are returned to the user. Liquidity providers receive additional rewards for their additional contributions. SushisSwap is the first AMM to return all profits to those who maintain and serve the community.

Sushiswap community construction is slow to take effect, cross-chain integration is limited by ethereum performance, DeFi user scale is reduced, contract bugs, etc.

The Team at SushiSwap demonstrated their ability to provide and maintain first-mover advantage by building a full suite of products to support the token lifecycle, rather than just focusing on the secondary market. This gives them a unique position as they are not only extending vertically in terms of products, but also extending their products into tier 1 chains and tier 2 extension solutions.

Currently, there is no significant product innovation in the DEX field. Sushiswap's subsequent hoyu NFT market and the launch of Trident AMM will bring new vitality to the DEX market.