Sushiswap is a fully decentralized on-chain protocol for exchanging tokens through a process of automated market-making (AMM) which uses 'liquidity pools' rather than an orderbook. This innovative system lets anyone make a liquidity pool for their own token by providing ETH and an ERC20 of their choice, and ensures automatic price discovery. Sushi is expanding its offerings with the BentoBox lending platform. SushiSwap is community-run through voting on project governance issues, and fees collected by SushiSwap are shared between the $SUSHI token holders and liquidity providers (LPs).