SushiSwap is described as an "evolution" of Uniswap or as a fork of Uniswap. By adding a native token as an incentive for liquidity providers (LP) it added a "community-oriented feature". A liquidity pool can be created with any ETH or ERC20 and guarantee price discovery with this unique system. Fees for SushiSwap will be split between holders of $SUSHI tokens and liquidity providers (LPs).
SushiSwap is intended to help society get to a place where banks will no longer be needed in the same way they are today.

SushiSwap is a decentralized cryptocurrency exchange (DEX) built on the Ethereum blockchain, launched in August 2020 as a fork of Uniswap. It operates on an automated market-making (AMM) model, allowing users to trade various Ethereum-based tokens directly from their wallets without the need for intermediaries. SushiSwap gained attention for its unique incentive mechanism, where users can earn rewards by providing liquidity to the platform through a process called "yield farming."

One of its distinctive features is the SUSHI token, which serves multiple purposes within the ecosystem. Holders of SUSHI can participate in governance decisions, such as protocol upgrades and fee adjustments, and receive a share of the platform's trading fees. Furthermore, SUSHI tokens are often distributed to liquidity providers as a form of reward.

SushiSwap's community-driven approach, coupled with its innovative tokenomics, has contributed to its popularity within the decentralized finance (DeFi) space. Despite facing some controversies and challenges, SushiSwap continues to evolve, introducing new features and improvements to enhance its functionality and sustainability.