Sushi Swap (SUSHI)

SushiSwap is a decentralized finance (DeFi) platform built on the Ethereum blockchain. Its native token, SUSHI, is an ERC-20 token used for governance and fee-sharing within the platform. SushiSwap allows users to trade and swap different cryptocurrencies, earn rewards through liquidity provision, and participate in the governance of the platform. The platform is designed to be more user-friendly and accessible than traditional centralized exchanges, while also offering more transparency and control over users' assets. SushiSwap gained popularity in 2020 during the boom of the DeFi market, and has since become one of the leading decentralized exchanges (DEX) on the Ethereum blockchain. Its popularity is due to its user-friendly interface, high levels of liquidity, and innovative features, such as its evolving fee structure that rewards long-term investors. Overall, SushiSwap represents the growing trend of DeFi platforms that are disrupting traditional financial systems by offering more decentralized, transparent, and accessible financial services.