SushiSwap V3 brings concentrated liquidity, improved capital efficiency, and multi‑chain deployment to the forefront of decentralized trading. Unlike earlier versions, V3 allows liquidity providers to allocate funds within specific price ranges, improving returns and minimizing wasted capital. With support now on Ethereum, Arbitrum, Polygon, Optimism, and more, V3 aims to deliver faster swaps, deeper liquidity, and cross‑chain interoperability. In this guide, we explore how spot trading operates on V3, potential paths for perpetuals & lending, and what the multi‑chain expansion means for traders and LPs.
On SushiSwap V3, spot trades benefit from more precise pricing due to concentrated liquidity pools. Liquidity providers now define active price ranges where their capital is used; outside of these ranges, no fees accrue. This focus reduces slippage for traders in active zones. Smart routing (via Tines and RouteProcessor) aggregates across pools for optimal execution.
SushiSwap V3 is deployed on multiple blockchains including Ethereum, Arbitrum, Polygon, Optimism, and more. This broad coverage means traders can leverage lower gas costs and faster transaction times on layer‑2 or side chains. Cross‑chain swaps are facilitated via SushiXSwap and RouteProcessor upgrades.
V3 introduces multiple fee tiers (e.g. 0.05%, 0.30%, 1.00%) to match pools with volatility. Combined with concentrated liquidity, LPs earn more using less capital. Pools can choose tiers suited to their risk/volatility profile.
While SushiSwap V3 does not currently offer native perpetual or futures trading, the modular design and multi‑chain reach set the stage for derivatives expansion. Sushi’s roadmap hints at integrating derivatives, and the capital efficiency model suits leveraged products.
Sushi’s previous lending unit, Kashi, has been deprecated and is no longer actively maintained. However, with V3’s architecture, it’s possible future lending or margin modules could be reintroduced as modular add-ons. Traders should watch Sushi’s development updates.
SushiSwap V3 extends its multi‑chain reach across Arbitrum, Polygon, Ethereum, and more, bringing greater flexibility, lower costs, and deeper liquidity to traders and liquidity providers alike. Its concentrated liquidity model and adaptive fee tiers make capital use more efficient. While perps and lending are not native features today, the V3 architecture and community roadmap make it a strong foundation for future expansion. For now, traders benefit from faster, tighter spot swaps across chains, and LPs can optimize returns with active range strategies. Stay updated with Sushi’s official channels and use verified UIs when interacting with V3 pools.