SushiSwap Review (October 2026): Fees, US States and Licenses

Best for: Long-tail chain coverage

5.0/10

US access 20%9.0
Regulation 20%3.0
Security record 15%6.0
Cost 15%5.0
Range 10%4.3
Popularity 15%1.0
Data quality 5%7.0

By Vahe Hakobyan Verified October 5, 2026 Medium confidence No affiliate links

Taker fee— Not verified
US states— Not verified
New York— Not verified
Coins— Not verified
CustodyNon-custodial
App Store— Not verified

Our verdict

SushiSwap is a non-custodial automated market maker operated through an interface by Sushi Holdings Ltd. Its terms list 24 restricted jurisdictions, and the United States is not among them. DefiLlama showed $41.7 million in total value locked across 39 chains and $31.1 million in 30-day volume on October 5, 2026, a small fraction of the largest decentralized exchanges.

Pros

United States is not on the restricted-jurisdiction list
Deployed on 39 chains per DefiLlama
No account or identity check required

Cons

Only $31.1 million in 30-day volume
Total value locked of $41.7 million limits trade depth
Terms page carries no last-updated date

SushiSwap fees

Maker / taker: — Not verified
Simple buy: Pool fee 0.3% on v2 pools; v3 pools 0.01%, 0.05%, 0.3% or 1%; gas extra
Volume tiers: v2: 0.25% to LPs, 0.05% to SUSHI holders; v3 tier chosen per pool
ACH deposit: — Not verified
Wire deposit: — Not verified
Card purchase: — Not verified
USD withdrawal: — Not verified
Crypto withdrawal: Network (gas) fee only; funds stay in the user's wallet
Minimum deposit: — Not verified

Is SushiSwap available in my state?

Sushi Terms of Service (Sushi Holdings Ltd.) list 24 restricted jurisdictions plus sanctioned persons and ban VPN circumvention; the United States is not on the list (read Oct 5, 2026).

The list of states this platform serves is not verified yet.

New York: — Not verified
ID check (KYC): No
Withdraw crypto: Yes
Funding: Crypto

Is SushiSwap regulated?

US operator: Sushi Holdings Ltd.
Parent company: — Not verified
State licenses: — Not verified
New York license: — Not verified
Founded: 2020
Headquarters: — Not verified

How secure is SushiSwap?

Proof of reserves: N/A (non-custodial)
Audits: DefiLlama marks audits as 'Yes'; auditor names not verified
Insurance: — Not verified

Incidents since 2019

2021exploitSwap-logic flaw on Jan 27, 2021 with about $103,842 lost, per DefiLlama.
2020exploitAccess-control flaw on Nov 30, 2020 with about $15,000 lost, per DefiLlama.

Crypto held on a platform is not covered by FDIC or SIPC insurance.

What you can do on SushiSwap

Spot
API

Apps: Web
Support: — Not verified

SushiSwap FAQ

What are SushiSwap's fees?

Simple buy: Pool fee 0.3% on v2 pools; v3 pools 0.01%, 0.05%, 0.3% or 1%; gas extra.

Is SushiSwap regulated in the US?

US customers are served by Sushi Holdings Ltd..

Can I withdraw crypto from SushiSwap to my own wallet?

Yes. SushiSwap lets US users send crypto to an external wallet.

Does SushiSwap require ID verification?

No account or ID check is needed for on-chain swaps on SushiSwap.

Alternatives to SushiSwap

Not financial advice. Crypto prices are volatile and you can lose everything you put in. World-Crypt earns nothing from the platforms reviewed here.