SushiSwap's development continues with these milestones:
Samurai Gathering Event (26 August 2025) – Community meetup in Tokyo to showcase new products and network upgrades.
Blade No-IL AMM Launch (Q4 2025) – Impermanent loss-resistant DEX for stable LP yields on blue-chip assets.
Susa Perps DEX on Layer N (2026) – High-speed decentralized perpetuals exchange with delta-neutral strategies.
Wara DEX on Solana (2026) – EVM-Solana bridge for cross-chain liquidity via Route Processor.
Deep Dive
1. Samurai Gathering Event (26 August 2025)
Overview: SushiSwap will host a Tokyo event during WebX Asia, featuring product demos, networking, and real-world sushi experiences. This aligns with its push into Japan – a key market for crypto adoption (SushiSwap tweet). What this means: Neutral for SUSHI. While community engagement strengthens brand loyalty, short-term price impact depends on whether the event catalyzes measurable user growth or partnerships.
2. Blade No-IL AMM Launch (Q4 2025)
Overview: Blade aims to retain liquidity providers (LPs) by eliminating impermanent loss risks for stablecoin/blue-chip pairs. Part of Sushi Labs' "Super Swap Roadmap" to diversify AMM models (Sushi blog). What this means: Bullish for SUSHI. Reducing LP attrition could stabilize protocol revenue and SUSHI staking yields, though success hinges on Blade’s adoption versus established yield platforms like Curve.
3. Susa Perps DEX on Layer N (2026)
Overview: Built on Layer N’s high-throughput XVM engine, Susa targets institutional traders with sub-second latency and deep liquidity for perpetual futures. What this means: Bullish if executed well. Perpetuals dominate derivatives volume, but Susa faces stiff competition from dYdX and Hyperliquid. A unique delta-neutral vault system for LPs might differentiate it.
4. Wara DEX on Solana (2026)
Overview: Wara will bridge Solana’s liquidity with EVM chains via Sushi’s cross-chain aggregator, expanding SUSHI’s reach beyond Ethereum-centric ecosystems. What this means: Neutral/bullish. Solana’s low fees could attract retail traders, but technical integration risks and Solana’s native DEX dominance (e.g., Raydium) may limit traction.
Conclusion
SushiSwap is doubling down on niche AMM designs (Blade), cross-chain interoperability (Wara), and derivatives (Susa) to diversify beyond basic swaps. While these innovations could revive protocol revenue and SUSHI utility, execution risks in crowded markets remain pivotal. How might Layer N’s technical specs position Susa against Ethereum L2 perps platforms?
What is the latest news on SUSHI?
TLDR
SushiSwap is slicing through DeFi with strategic expansions and product upgrades. Here are the latest headlines:
Tokyo Homecoming (20 August 2025) – Hosting dual events in Japan to reconnect with the community and showcase new features.
Katana Milestones (1 August 2025) – Hit $100M TVL and $300M volume on its dedicated blockchain, with limit orders/DCA live.
Coinbase Futures Launch (24 July 2025) – SUSHI perpetual futures now tradeable on Coinbase International.
Deep Dive
1. Tokyo Homecoming (20 August 2025)
Overview: SushiSwap is hosting two events in Tokyo during WebX Asia: a builders’ meetup (Aug 24) and a "Samurai Gathering" with GSR (Aug 26). The move emphasizes Japan’s role in Sushi’s multichain strategy, now active on 40+ chains. Attendees can engage with core developers and experience real-world utility via sushi-themed networking.
What this means: This is bullish for SUSHI as it strengthens community ties in a key crypto market and signals renewed focus on Asia-Pacific growth. Real-world integrations could drive both retail and institutional interest. (SushiSwap)
2. Katana Milestones (1 August 2025)
Overview: Sushi’s Katana blockchain achieved $100M TVL and $300M trading volume, with 80+ universal assets (uAssets) now tradable. The chain also introduced limit orders and dollar-cost averaging (DCA) via a partnership with Orbs Network.
What this means: These metrics validate Katana as a DeFi liquidity hub. Enhanced trading tools could attract sophisticated users, while TVL growth suggests confidence in Sushi’s infrastructure. (SushiSwap)
3. Coinbase Futures Launch (24 July 2025)
Overview: Coinbase International added SUSHI perpetual futures, enabling leveraged trading without direct asset ownership. The listing followed Sushi’s integration of advanced cross-chain swaps and liquidity tools.
What this means: This is neutral-to-bullish – while it boosts SUSHI’s visibility and liquidity, perpetual futures could increase short-term volatility. The move aligns with growing institutional demand for DeFi derivatives. (CoinMarketCap)
Conclusion
SushiSwap is executing a three-pronged strategy: deepening community roots in Asia, scaling its Katana ecosystem, and expanding institutional access. With perpetual futures live and Tokyo events underway, can SUSHI leverage these catalysts to reverse its -2.35% 30-day price trend? Watch TVL growth on Katana and trading volumes on Coinbase for directional cues.
What are people saying about SUSHI?
TLDR SushiSwap’s community is split between sushi rolls and price goals. Here’s what’s trending: 1. Katana integration fuels bullish TVL and volume milestones 2. 2030 price forecasts swing from $0.84 to $22 3. New LP tools spark yield farming enthusiasm
“🙌 @katana just crossed $100M in volume on Sushi. Next up: TVL. LFG ⚔️🍣” – @SushiSwap (1.2M followers · 12.4K impressions · 15 July 2025 10:00 AM UTC) View original post What this means: The Katana partnership has driven measurable growth, with SushiSwap becoming the primary DEX for Katana’s liquidity hub. Sustained volume could improve SUSHI’s utility and fee accrual.
“SUSHI price turned bullish after a cryptic team post… Traders target $0.79 (+30%) short-term, while 2030 forecasts range from $0.84 (Binance) to $22 (Coin Edition).” – CoinJournal (7 July 2025) What this means: Extreme long-term projections ($22 by 2030) clash with conservative institutional outlooks, reflecting SUSHI’s high-risk, high-reward narrative amid DeFi competition.
“Want to simulate Sushi v3 LP rewards? Poolfish’s calculator uses historical data to estimate fees/APR based on price ranges.” – @SushiSwap (1.2M followers · 8.9K impressions · 8 August 2025 03:59 PM UTC) View original post What this means: Improved transparency for liquidity providers could attract more capital, but backtested yields may not reflect future market conditions.
Conclusion
The consensus on SUSHI leans bullish due to Katana’s traction and protocol upgrades, but long-term price optimism faces skepticism. Watch the TVL on Katana – currently at $100M – as a proxy for SUSHI’s utility-driven demand. Will sushi stay fresh in a crowded DeFi kitchen?
What is the latest update in SUSHI’s codebase?
TLDR
SushiSwap's codebase saw major upgrades focusing on liquidity tools and cross-chain efficiency.
V3 Pool Integration (28 July 2025) – Added Sushi v3 support on Katana for optimized LP rewards.
Route Processor 4 Upgrade (12 March 2024) – Enhanced liquidity aggregation across 40+ chains.
xSushi Model Revival (24 Nov 2023) – Restored fee-sharing for stakers post-Kanpai 2.0 expiration.
Deep Dive
1. V3 Pool Integration (28 July 2025)
Overview: Sushi v3 pools went live on Katana, enabling liquidity providers to calculate rewards using historical price data and dynamic ranges.
The update introduced concentrated liquidity strategies, letting LPs set custom price ranges for capital efficiency. Poolfish integration allows visualizing projected earnings over 24H/1M/1Y timeframes. This builds on Sushi’s modular architecture to compete with Uniswap v4.
What this means: This is bullish for SUSHI because tighter liquidity spreads could attract more traders, boosting protocol fees. LPs gain finer control over risk/reward ratios. (Source)
2. Route Processor 4 Upgrade (12 March 2024)
Overview: RP4 expanded liquidity sources to include PancakeSwap, Camelot, and Algebra, improving swap rates.
The upgrade added support for cross-chain swaps via SushiXSwap and reduced slippage warnings above 20%. Audited by Cantina, it strengthened security while enabling developers to build on Sushi’s aggregated liquidity.
What this means: This is neutral for SUSHI as it standardizes a competitive baseline for DEX routing. Traders benefit from better pricing, but fee splits depend on volume shifts to Sushi. (Source)
3. xSushi Model Revival (24 Nov 2023)
Overview: The protocol sunsetted Kanpai 2.0, restoring 0.05% fee distribution to xSUSHI stakers.
With SUSHI’s max supply minted (250M tokens), emissions stopped, making staking rewards fully dependent on trading activity. The Sushi Bar reopened, letting users earn fees by staking SUSHI into xSUSHI.
What this means: This is bullish for SUSHI because it re-aligns incentives – holders benefit directly from protocol growth, potentially reducing sell pressure. (Source)
Conclusion
SushiSwap’s codebase advances prioritize liquidity depth (V3 pools), cross-chain agility (RP4), and stakeholder incentives (xSUSHI). While recent upgrades improve competitiveness, SUSHI’s value accrual hinges on sustaining trading volume amid broader market conditions. How will modular architecture impact Sushi’s ability to adapt to emerging AMM innovations?