Where and How to Lend Sushi (SUSHI)

Introduction

Lending Sushi can be a great option for those who want to hold SUSHI but earn yield. The steps can be a little daunting, especially the first time you do them. That’s why we’ve put this guide together for you.

Step-by-Step Guide

1. 1. Obtain Sushi (SUSHI) Tokens

   To lend Sushi, you need to have it. To acquire Sushi, you’ll need to buy it. You can choose from these popular exchanges.

   Platform	Coin	Price
   Nexo	Sushi (SUSHI)	0.56
   YouHodler	Sushi (SUSHI)	0.56
   Kraken	Sushi (SUSHI)	0.57
   OKX	Sushi (SUSHI)	0.57
   M2	Sushi (SUSHI)	0.57
   Binance	Sushi (SUSHI)	0.56

   See all 67 prices

2. 2. Choose a Sushi Lender

   Once you have SUSHI, you’ll need to choose a Sushi lending platform to lend your tokens. You can see some options here.

   Platform	Coin	Interest rate
   YouHodler	Sushi (SUSHI)	Up to 12 AER
   Aave	Sushi (SUSHI)	Up to 66.93 AER
   Bitget	Sushi (SUSHI)	Up to 1 AER
   Kucoin	Sushi (SUSHI)	Up to 0.5 AER

   See all 11 lending rates

3. 3. Lend Your Sushi

   Once you’ve chosen a platform to lend your Sushi, transfer your Sushi into your wallet on the lending platform. Once it’s deposited, it will start earning interest. Some platforms pay interest daily, while others are weekly, or monthly.

4. 4. Earn Interest

   Now all you need to do is sit back whilst your crypto earns interest. The more you deposit, the more interest you can earn. Try to ensure your lending platform pays compound interest to maximise your returns.

What to be Aware of

Lending your crypto can be risky. Ensure you do your research before depositing your crypto. Don’t lend more than you’re willing to lose. Check their lending practices, reviews, and how they secure your cryptocurrency.