Liquidity depth per major asset
Sushi (SushiSwap) — v2 + v3 + Trident + BentoBox/Kashi + SushiXSwap's assessment for RD-F-065 — scored yellow on the v1.7.0 rubric. The evidence below is the curator's reasoning for this score.
Evidence summary #
SushiSwap Ethereum pool liquidity is extremely thin: deepest single Ethereum pool is ALCX/WETH at $931K, RAIL/WETH at $772K, USDT/WETH at $583K, USDC/WETH at $262K. No single Ethereum pool exceeds $1M in liquidity. 359 Ethereum pools generate only $312K/24h combined volume (DexPaprika, 2026-05-16). SushiSwap v3 TVL is $66.24M across all chains (Ethereum $26.72M, Katana $21.46M, Arbitrum $8.92M). Pool fragmentation across 40 chains means per-chain and per-pair depth is very shallow. 2%/5% depth estimates: approximately $18K–$47K for the deepest pair [?]. Rating yellow (material thin-liquidity risk on individual pairs; cross-chain fragmentation exacerbates slippage for any large redemption).
Sources #
- URLGeckoTerminal — Top SushiSwap Ethereum poolsGeckoTerminal SushiSwap ETH pools top list; ALCX/WETH $931K, RAIL/WETH $772K, USDT/WETH $583K, USDC/WETH $262Kretrieved 2026-05-17
- DefiLlama — SushiSwap V3DefiLlama SushiSwap V3 page: TVL $66.24M; Ethereum $26.72M; Katana $21.46M; Arbitrum $8.92Mretrieved 2026-05-17
- GeckoTerminal — USDC/WETH SushiSwap poolGeckoTerminal USDC/WETH pool 0x397ff1542f962076d0bfe58ea045ffa2d347aca0; liquidity $262,181.62, 24h vol $2,235retrieved 2026-05-17
- DexPaprika — SushiSwap Ethereum pool analyticsDexPaprika SushiSwap Ethereum: 359 pools, $312.64K total 24h volumeretrieved 2026-05-16
Methodology #
Measure on-chain liquidity depth for protocol-held assets at 2% and 5% price impact in USD.
See the full factor methodology and distribution across all protocols →