Home/SushiSwap vs Uniswap
Multichain DEX · Since 2020

SushiSwap vs Uniswap — 2026 Comparison

The original DeFi rivals compared in 2026: Uniswap dominates by TVL and volume, but SushiSwap leads on chain coverage and revenue sharing. Here is the full picture.

Open SushiSwap 🍣 Explore Features
sushi.com // stats Live
Cumulative Volume$251B+
TVL~$38–48M
Networks Supported40+
Swap Fee0.30% (0.25% LPs)
Protocol Fee0.05% → xSUSHI
V3 PoolsConcentrated Liquidity
Cross-ChainSushiXSwap (no bridge)
SUSHI Price (May 2026)~$0.19
LaunchedAug 2020 · Ethereum
About

SushiSwap vs Uniswap

SushiSwap and Uniswap have been rivals since Sushi's vampire attack in August 2020. In 2026, Uniswap has clearly won the liquidity war — Uniswap V3 TVL is approximately $1.7 billion vs SushiSwap's ~$38-48M. But the comparison is not as one-sided as TVL suggests. SushiSwap operates on 40+ chains vs Uniswap's fewer deployments. xSUSHI provides direct revenue sharing; UNI token has historically captured less protocol value. SushiXSwap enables cross-chain without a bridge; Uniswap has no equivalent.

// protocol.stats
TypeMultichain AMM / DEX
LaunchedAugust 2020
Cumul. Volume$251B+
TVL (2026)~$38–48M
Networks40+
Pool TypesV2 AMM + V3 CLMM
Swap Fee0.30%
xSUSHI Fee Share0.05% all chains
SUSHI Supply250M max
Cross-Chain SwapSushiXSwap
Features

Why Trade on SushiSwap?

$251B+ cumulative volume, 40+ chains, xSUSHI staking revenue, SushiXSwap cross-chain, and V3 concentrated liquidity.

[01]
💰
TVL: Uniswap Wins
~$1.7B (Uniswap V3) vs ~$38-48M (SushiSwap) — significant liquidity gap.
[02]
🌐
Chains: SushiSwap Wins
SushiSwap 40+ chains vs Uniswap\'s fewer deployments — broader multichain presence.
[03]
🍣
Revenue Share: SushiSwap Wins
xSUSHI gives real 0.05% fee income. UNI fee switch not enabled as of 2026.
[04]
🌉
Cross-Chain: SushiSwap Wins
SushiXSwap has no Uniswap equivalent — cross-chain in one transaction.
[05]
📐
V3 Pools: Tie
Both deploy Uniswap V3-compatible concentrated liquidity. Sushi V3 is a fork.
[06]
📊
Volume: Uniswap Wins
Uniswap processes significantly more daily volume than SushiSwap globally.
Guide

How to Use SushiSwap vs Uniswap

Step-by-step from first swap to xSUSHI staking and cross-chain trading.

01

Identify Where Sushi Leads

Cross-chain swaps, chains where Uniswap lacks deployment, xSUSHI staking revenue — these are the use cases where SushiSwap has an advantage.

02

Use Uniswap for Major ETH Pairs

For ETH/USDC, ETH/WBTC, and other blue-chip Ethereum pairs, Uniswap V3 generally has tighter spreads and better prices.

03

Use Sushi for Specific Chains

Chains where SushiSwap has liquidity but Uniswap does not — or where Sushi has more depth than Uniswap on that specific chain.

04

Compare Before Large Swaps

For swaps above $10,000, check both Sushi and Uniswap for price comparison. The difference can be meaningful.

05

Consider the Full Stack

If you want protocol fee income from staking, Sushi\'s xSUSHI is currently the better option — the UNI fee switch remains unactivated.

Start Trading on SushiSwap 🍣

$251B+ cumulative volume, 40+ chains, xSUSHI revenue sharing, and SushiXSwap cross-chain — all at sushi.com.

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FAQ

Questions About SushiSwap vs Uniswap

Is SushiSwap better than Uniswap?
+
Uniswap is better for: major ETH pairs on Ethereum (deeper liquidity), overall trading volume, and protocol maturity. SushiSwap is better for: chain coverage (40+ vs fewer), direct revenue sharing (xSUSHI), cross-chain swaps (SushiXSwap), and mid-cap tokens on alternative chains.
Did SushiSwap copy Uniswap?
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Yes, initially. SushiSwap forked Uniswap\'s open-source code in August 2020. However, it has since developed independent features (xSUSHI, BentoBox, SushiXSwap, Onsen, Kanpai) that differentiate it from a simple fork.
Why is SushiSwap\'s TVL so much lower than Uniswap?
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Uniswap V3\'s concentrated liquidity (launched May 2021) was a technical leap that attracted sophisticated LPs seeking capital efficiency. Uniswap\'s brand dominance and first-mover advantage have also compounded TVL leadership over time.
Does SushiSwap have Uniswap V3 pools?
+
Yes. SushiSwap deployed its own version of concentrated liquidity (Sushi V3) compatible with Uniswap V3\'s standard. LPs can create concentrated positions on SushiSwap V3 just as on Uniswap V3.
Will SushiSwap ever recover its 2021 position relative to Uniswap?
+
Unlikely in the near term. The TVL gap has widened significantly since 2021. SushiSwap\'s multichain strategy is a different positioning rather than a direct TVL competition with Uniswap.
Reviews

What Traders Say

Both Protocol User
★★★★☆

"Use both regularly for different things. Uniswap for Ethereum blue-chip swaps; SushiSwap for chains where Uniswap is absent and for xSUSHI staking. The protocols serve different niches in my workflow."

Historical Observer
★★★★★

"Fascinating that Sushi is still running 5+ years after copying Uniswap, with genuinely differentiated products. The vampire attack history is DeFi lore, but the survival and adaptation story is the more interesting one."

Fee Income Seeker
★★★★☆

"If you want to stake a governance token for real protocol fees, xSUSHI currently delivers while UNI\'s fee switch remains inactive. For pure fee income from DEX exposure, SushiSwap is actually ahead of Uniswap on this dimension."

Ready for Multichain DeFi?

SushiSwap runs on 40+ chains — Ethereum, Arbitrum, Base, Polygon, Avalanche, and more. Start on the chain that suits you best.

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