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Head-to-head · DEXs

SushiSwap vs Velodrome Velodrome leads by 1 point.

Velodrome scores 1 point above SushiSwap on the published criteria (16.6 vs 16.2 points), which this ranking scores from the record as a whole, not criterion by criterion. SushiSwap ranks #7 and Velodrome #5 of 12 published DEXs. Every term of the gap is on the ledger below; the inputs are on the audit receipt.

SushiSwap48
Velodrome49
Scores are out of 100; published scores fall within 41–99 · ranks #7 and #5 of 12
Methodology v2026.10.18Ranking snapshot 2 published criteria5 score dimensions Receipt #cc-VS-SUSHISWAP-VS-VELODROME-eab43e9e
Published verdictRanking snapshot 3 November 2026

Velodrome leads by 1 point

Velodrome scores 1 point above SushiSwap on the published criteria (16.6 vs 16.2 points), which this ranking scores from the record as a whole, not criterion by criterion.

SushiSwap #7 of 1248
Velodrome #5 of 1249
Scores are out of 100; published scores fall within 41–99; a bar is empty at 41 and full at 99.
Why, term by termVelodrome leads on 0 of 2 published criteria; SushiSwap on 0. The terms sum to the gap.
TermVelodromeSushiSwapWeightPoints
Published criteriaScore dimension16.616.230+1.0for Velodrome
Net of the terms+1.0
Reproduced gap+1.0

Weight is in points of the 86-point weighted total. Points are score points of the gap between the two.

  • This ranking scores its published criteria from the record as a whole, not criterion by criterion, so they count here as one term and no single criterion is credited.
  • A row-above bound on one row means the criterion arithmetic does not reproduce the displayed gap exactly.
Quick facts

At a glance

2 of 4 rows read the same for both.
FactSushiSwapVelodrome
Trading feeSnapshotSwap fee: on SushiSwap V2 pools "A 0.30% trading fee is distributed to liquidity providers (LPs)." (Sushi docs, docs.sushi.com/llms-full.txt, read 3 November 2026); V3 pools use fee tiers. AMM: constant-product + newer concentrated/routing. Since 2020. 30+ chains. SUSHI governance. Audited; had a 2023 router-approval bug. Live TVL shown for context (DefiLlama), not scored.Swap fee: "The default trading fees for both liquidity pool types are 0.02%, and can be individually adjusted for each pool up to 1%." (Velodrome docs, Liquidity page, read 3 November 2026); concentrated pools set fees independently. ve(3,3) vote-escrow AMM. Since 2022. OP Superchain. veVELO governance. Audited (2023 and 2025 front-end DNS hijacks are recorded as incidents). Live TVL shown for context (DefiLlama), not scored.
Asset coverageEditorial——
Region fitSnapshotus, europe, globalus, europe, global
Security postureSnapshotAudited; upgradeable contracts; a major exploit in its protocol history (2023, rated moderate).Audited; upgradeable contracts.
From the published criteria

Which should you pick?

SushiSwap

48#7 of 12
Pick it when
SushiSwap leads Velodrome on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.
Strength
Very broad multi-chain coverage
Tradeoff
A 2023 router-approval bug affected some users — weigh its security record

Velodrome

49#5 of 12
Leads
Pick it when
Velodrome leads on no published criterion; its edge is published criteria (16.6 vs 16.2 points). Pick it if that term is what you are buying.
Strength
OP Superchain liquidity (Optimism + OP-stack L2s)
Tradeoff
ve(3,3) emissions/bribe dynamics reward active voters; passive LPs may capture less
Self-identify in 10 seconds

Which one is actually for you?

SushiSwap

SushiSwap leads Velodrome on no published criterion

  • Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
VelodromeLeads

Velodrome leads SushiSwap on no published criterion

  • Choose it only if something outside the published criteria decides for you — your country, a funding rail, or custody.
Criterion by criterion

Scorecard

Published criteria · weight in points of 860 of 4 cells scored. Strength is read from the evidence file; the weight is the published one. Methodology

Security

weight 14.4 of 86Not scored
SushiSwapNot scored

No evidence cell for this criterion, so no strength is drawn.

VelodromeNot scored

No evidence cell for this criterion, so no strength is drawn.

Decentralization

weight 9.6 of 86Not scored
SushiSwapNot scored

No evidence cell for this criterion, so no strength is drawn.

VelodromeNot scored

No evidence cell for this criterion, so no strength is drawn.

Score dimensions

weights sum to 86

The published score is five dimensions, each weighted for the category. "Published criteria" is the criteria block above; the other four are the engine's own terms — availability, friction, trust record, measured data. Each bar is one side's points out of that dimension's maximum; the weight beside the name is its points of the 86-point weighted total. The published criteria above can fill 24 of the block’s 30. A weight marked “constant here” belongs to a dimension every ranked product in the category holds at the same value: it still counts in the total, and it orders nothing here.

Availabilityweight 20 of 86 · constant here
SushiSwap14/20Velodrome14/20
Tie
Published criteriaweight 30 of 86
SushiSwap16.2/30Velodrome16.6/30
Velodrome leads
Frictionweight 10 of 86 · constant here
SushiSwap2.7/10Velodrome2.7/10
Tie
Trust recordweight 8 of 86 · constant here
SushiSwap3.2/8Velodrome3.2/8
Tie
Measured dataweight 18 of 86 · constant here
SushiSwap5.5/18Velodrome5.5/18
Tie
Decision rulePublished order

Choose Velodrome unless the term SushiSwap leads on is the one you are buying.

SushiSwap leads Velodrome on no published criterion and no score dimension — pick it only if a fact outside the score (country, funding rail, custody) decides for you.

The published order weighs every criterion the same way for everyone. To weigh them your way, run .

From the published order

Next best action

If this isn't your case

Other matchups worth comparing

How you can lose money here, and what the ranking scores
  • Contract failure: the code holding the funds is exploited.
    Scored by Security & track record · 60%
  • Control failure: a key or vote changes the rules, freezes or mints.
    Scored by Decentralization & trust-minimization · 40%
Not assessed by this ranking: Oracle failure, Regulatory failure, Execution failure, Exit failure. A high place says nothing about these; the Methodology tab says what each means.
Questions

Frequently asked questions

Velodrome scores 1 point above SushiSwap on the published criteria (16.6 vs 16.2 points), which this ranking scores from the record as a whole, not criterion by criterion. Published scores, out of 100: SushiSwap 48 (rank 7 of 12 dexs), Velodrome 49 (rank 5 of 12).

Related pages

Go deeper

Reviewed
Re-read in progressOverdue; re-read by 10 November 2026.
Methodology v2026.10.18
How this page is reviewed

Reviewed means both products compared here was read against its sources on or after that date; every ranked category is re-read at least every 45 days. Models research, extract and parse. A deterministic engine ranks. Every quote passes an adversarial refute pass.

Accountable for this review: Mathias Siemonsmeier, Founder.

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