SushiSwap, the decentralized exchange and aggregator, has officially launched on the Solana blockchain as of February 9, 2026. The expansion, announced from New York, marks a strategic move for Sushi to operate across multiple blockchains, providing users with access to its trading features directly within the Solana ecosystem.
The integration leverages Solana's technical advantages of faster transactions and lower fees, which are critical for active traders. Alex McCurry, Sushi's CEO, stated this development brings the platform closer to its vision of a unified trading experience across different networks. The initial deployment includes basic token swaps and cross-chain functionality, with plans for liquidity programs and additional features to roll out gradually.
A key technical component of this launch is the integration of Jupiter's Ultra API. Jupiter, a well-established aggregator in Solana's DeFi space, provides its routing infrastructure to Sushi. This partnership enables Sushi to offer competitive pricing and access to deeper liquidity pools, creating a native Solana trading experience while remaining connected to Sushi's broader cross-chain system.
SushiSwap, which carries around $66 million in total value locked (TVL) and generates approximately $3 million in annual fees, aims to revive its activity and volumes through this expansion. In comparison, leading Solana DEXs like Meteora boast nearly $1 billion in annualized fees and over $430 million in liquidity. The new SushiSwap DEX on Solana will also be integrated into the Jupiter aggregator and included in its best swap routes.
This move occurs within a competitive Solana DEX landscape currently driven by meme token activity, with platforms like PumpSwap and Meteora leading. Despite resilient on-chain activity—where Solana remains a primary venue for new token creation and competes with Base for low-priced assets—the SOL token price has been under pressure, recently sinking to $84.40 with open interest near a six-month low of $2.2 billion.
