Sushi (SUSHI) is a decentralized finance (DeFi) token that operates on the Ethereum blockchain. It is the native token of the SushiSwap platform, which is a decentralized exchange (DEX) built on top of the Uniswap protocol. SushiSwap aims to provide a more efficient and user-friendly experience for traders, with features such as liquidity pools, token farming, and yield farming.
Sushi (SUSHI) is used as a governance token, allowing holders to vote on platform upgrades and proposals. It also serves as a means of earning yield through liquidity provision and farming on the platform. SushiSwap has quickly grown in popularity among DeFi enthusiasts, with its daily trading volume regularly ranking among the top decentralized exchanges. As the platform continues to evolve and attract more users, SUSHI is poised to become a significant player in the DeFi space.