How much is 1 SUSHI?
One SUSHI is worth $0.1517 — the SUSHI-to-USD rate as of 2026-08-01 19:21 UTC, +0.35% over the past 24 hours. The figure on this page refreshes hourly from CoinMarketCap data.
BAKED FROM THE HOURLY RATE AS OF 2026-08-01 19:21 UTC · NOT A LIVE CALCULATOR
SUSHI vs. other DeFi coins
| Asset | 24H | 7D | 30D | 90D |
|---|---|---|---|---|
| SushiSwap SUSHI THIS PAGE | +0.35% | −7.50% | −3.47% | −30.56% |
| Bitcoin BTC | −0.75% | −2.84% | +1.68% | −20.55% |
| Uniswap UNI | −4.67% | +10.32% | +26.05% | +25.27% |
| World Liberty Financial WLFI | −0.09% | −2.59% | −5.73% | −6.33% |
AS OF 2026-08-01 19:21 UTC · DATA: COINMARKETCAP · DEEPER TINT = LARGER MOVE · 90D IS OUR LONGEST SNAPSHOT WINDOW
SUSHI price context
SushiSwap's all-time high is $23.38, reached on March 13, 2021. At today's price of $0.1517, SUSHI trades 99.4% below that peak. Its lowest recorded price was $0.1410 on June 25, 2026.
Over the past 30 days SUSHI has moved −3.47% and over the past 90 days −30.56%.
Circulating supply is 286,835,036 SUSHI , with no fixed maximum supply. SUSHI has no hard supply cap under current docs: the original 250 million cap was superseded by perpetual emissions of roughly 1.5% per year to fund liquidity incentives. About 287 million circulate per CoinMarketCap.
SushiSwap all-time high
The gap to the record
Getting back to $23.38 from here would take a 154.1× move — that multiple, not the percentage, is the honest way to read a drawdown. The figure above updates every hour as our price snapshot refreshes; the record itself is an editorial fact recorded from CoinGecko.
All-time low
SushiSwap's recorded all-time low is $0.1410, on June 25, 2026 (CoinGecko). From that low to today's price is the other end of the same story — aggregators differ on launch-era data, so we name the source we cite.
SushiSwap price history
Our sourced price record for SushiSwap begins in 2021 — the coin may have traded earlier, but we list only years we can back with a citable source. Its all-time high is $23.38 (Mar 13, 2021), its recorded low $0.1410 (Jun 25, 2026), and it trades at $0.1517 today. Every row below names where its figures come from.
SushiSwap price by year
Rows from 2021 through 2023 are editorial records — each cites the source it was taken from. Rows from 2024 onward are computed from our licensed CoinMarketCap daily data; for those years, high and low are the highest and lowest daily closes in our series, not intraday extremes.
| Year | Open | High | Low | Close | Source |
|---|---|---|---|---|---|
| 2021 | $19.30 | $23.44 | $4.81 | $9.42 | Coinbase (SUSHI-USD) |
| 2022 | $9.42 | $9.50 | $0.8500 | $0.9229 | Coinbase (SUSHI-USD) |
| 2023 | $0.9240 | $1.64 | $0.4740 | $1.25 | Coinbase (SUSHI-USD) |
| 2024 | $1.25 | $2.61 | $0.4970 | $1.33 | Our CMC data |
| 2025 | $1.35 | $1.89 | $0.2788 | $0.2893 | Our CMC data |
| 2026YTD | $0.2752 | $0.3517 | $0.1438 | $0.1517 | Our CMC data |
What moves SushiSwap's price
- DEX volume and fee routing: SUSHI's value case depends on swap fees, and governance has repeatedly redirected them — the "Kanpai" vote sent 100% of the xSUSHI fee share to the treasury from December 2022 during a runway crunch, and later tokenomics proposals replaced fee-sharing with emissions-based rewards.
- Competition with Uniswap: Sushi's market share is a fraction of the protocol it forked, and it trades as the perpetual challenger.
- Governance and leadership turmoil: co-founder 0xMaki's exit (2021), the CTO's "chaos within and without" resignation (December 2021), the treasury-runway crisis (December 2022), and the contested June 2024 move of operations into Sushi Labs have each moved the token.
- Regulatory overhang: the SEC subpoenaed Sushi DAO and Head Chef Jared Grey in March 2023, and the DAO funded a $3M legal defense fund.
- Security incidents: the MISO launchpad supply-chain attack took ~$3M in 2021 (returned after pressure), and the April 2023 RouteProcessor2 approval exploit drained ~$3.3M (largely recovered by white hats). Both are part of the token's risk pricing.
- New-chain catalysts: Sushi is the exclusive launch DEX on Katana, the Polygon-incubated DeFi chain that went public in mid-2025. The token set a fresh all-time low in June 2026, more than 99% below its 2021 peak — the drawdown itself is part of any honest assessment.
“SUSHI's value case depends on swap fees, and governance has repeatedly redirected them — the "Kanpai" vote sent 100% of the xSUSHI fee share to the treasury from December 2022 during a runway crunch, and later tokenomics proposals replaced fee-sharing with emissions-based rewards.”
About SushiSwap
SushiSwap launched in August 2020 when the pseudonymous "Chef Nomi" forked Uniswap and offered SUSHI rewards to liquidity providers who migrated — the archetypal vampire attack, which pulled roughly $810 million of Uniswap's liquidity in days. Within two weeks Nomi sold his developer-fund LP tokens for about $14 million, crashed the token, handed admin keys to FTX's Sam Bankman-Fried amid the outrage, and then returned the full $14 million with an apology. Control passed to a community multisig, then through years of leadership churn.
Today Sushi runs concentrated-liquidity AMMs across more than a dozen chains, cross-chain swaps via SushiXSwap, and the core DEX role on Katana. Since June 2024, operations sit with Sushi Labs under Managing Director Jared Grey — a restructuring that passed governance but drew documented community backlash over treasury control.
SUSHI tokenomics
SUSHI emissions began at extreme rates in 2020 and have been repeatedly restructured; the current design uses perpetual low-single-digit annual emissions rather than a hard cap. The classic xSUSHI mechanism — staking SUSHI to receive 0.05% of every swap — has been diverted and redesigned by governance since late 2022, so whether stakers currently earn protocol fees depends on the latest governance state; treat any yield claim about SUSHI with that caveat.
How to buy SushiSwap
SUSHI trades on Binance, Coinbase, Kraken, OKX, Crypto.com, and most major venues, plus Sushi's own AMM pools. Binance removed SUSHI from its risk-label "Seed Tag" list in early 2024.
SushiSwap FAQ
How is SushiSwap different from Uniswap?
Sushi began as a 2020 Uniswap fork that added a fee-sharing governance token and famously drained ~55% of Uniswap's liquidity at launch. Uniswap regained clear dominance; Sushi differentiates with multichain breadth and ventures like the Katana chain partnership.
Does holding SUSHI earn trading fees?
Historically yes — xSUSHI stakers earned 0.05% of every swap. Governance redirected 100% of that to the treasury in December 2022 (Kanpai) and later proposals replaced fee share with emissions-based rewards, so the honest answer is "it has, and governance has changed it more than once."
Is SushiSwap safe to use?
The core AMM contracts have operated since 2020, but the project has had real incidents: a $3M front-end supply-chain attack on the MISO launchpad (2021, funds returned) and a $3.3M router-approval exploit (2023, largely recovered). Standard hygiene — revoking stale approvals — matters here.
Does SUSHI have a maximum supply?
No hard cap under the current design. The old 250 million cap was replaced by perpetual emissions of roughly 1.5% per year, adjustable by governance.
Who runs SushiSwap now?
Since June 2024, Sushi Labs — with Jared Grey as Managing Director — handles operations under a council structure, with the DAO retained for governance. The restructuring passed a vote but drew community criticism over treasury control.
What is SushiSwap's all-time high?
SushiSwap's all-time high is $23.38, reached on March 13, 2021 (source: CoinGecko).
How far is SUSHI from its all-time high?
As of 2026-08-01 19:21 UTC, SUSHI trades at $0.1517 — 99.4% below its all-time high. Reaching the ATH again would require a 154.1× move. This figure refreshes hourly with our CoinMarketCap data.
What was SushiSwap's lowest price ever?
SushiSwap's recorded all-time low is $0.1410, on June 25, 2026 (source: CoinGecko). Aggregators can differ on launch-era data; we cite the source shown.
Will SUSHI reach a new all-time high?
We don't publish predictions. What can be said factually: SUSHI trades 99.4% below its all-time high, and this page tracks that gap with hourly-refreshed data.
Related
Price data: CoinMarketCap, refreshed hourly. Last updated: August 1, 2026, 19:21 UTC. Historical figures (all-time high/low) are recorded at page creation and reviewed periodically.
This page is factual information, not financial advice.