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Software · head to head

MakerDAO vs SushiSwap

MakerDAO logo

MakerDAO

Software

The decentralized stablecoin protocol

From
Free
Rated
-
SushiSwap logo

SushiSwap

Software

Be a DeFi chef with Sushi

From
Free
Rated
-

The short version

  • Each has a real cost: MakerDAO makerDAO is governed as a decentralized autonomous organization by MKR token holder vote rather than a vendor, so it has no company-set price list, subscription tiers or sales contact; access and fees (stability fee, liquidation ratio) are set by on-chain governance vote rather than published as a product price; SushiSwap sushiSwap routes a portion of every trading fee to SUSHI stakers rather than to liquidity providers alone; users who stake SUSHI receive xSUSHI, which entitles them to a share of protocol fees, per the vendor's own documentation.
  • They diverge on capability: MakerDAO covers DAI Stablecoin, SushiSwap covers Token Swaps.

Where they differ

Only the attributes on which MakerDAO and SushiSwap actually diverge.

Attributes where MakerDAO and SushiSwap differ
AttributeMakerDAOSushiSwap
Founded20152020

Identical on both: starting price (Free), pricing model (free), free tier (Yes), platforms (Web), user rating (Not yet rated), category (Unknown).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in MakerDAO

  • DAI Stablecoin
  • Vaults
  • Stability Fees
  • Liquidations
  • Governance
  • MKR Token
  • DAI
  • Spark Protocol

Only in SushiSwap

  • Token Swaps
  • Liquidity Mining
  • Kashi Lending
  • BentoBox
  • SUSHI Token
  • Multi-chain

Both cover

  • Web support

What people use each for

The jobs each tool is most often brought in to do.

MakerDAO

  • Defi
  • Stablecoinnot SushiSwap
  • Lendingnot SushiSwap

SushiSwap

  • Defi
  • Dexnot MakerDAO
  • Yield Farmingnot MakerDAO

Both are used for defi, on those jobs the choice comes down to price and fit rather than capability.

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

MakerDAO

  • MakerDAO is governed as a decentralized autonomous organization by MKR token holder vote rather than a vendor, so it has no company-set price list, subscription tiers or sales contact; access and fees (stability fee, liquidation ratio) are set by on-chain governance vote rather than published as a product price

SushiSwap

  • SushiSwap routes a portion of every trading fee to SUSHI stakers rather than to liquidity providers alone; users who stake SUSHI receive xSUSHI, which entitles them to a share of protocol fees, per the vendor's own documentation.

Pricing, plan by plan

MakerDAO

Free
  • FreeFree
    • DAI minting
    • Vaults
    • Governance

SushiSwap

Free
  • FreeFree
    • Token swaps
    • Yield farming
    • Lending

Which should you pick?

Choose MakerDAO if

  • You need dai stablecoin.
  • You want to start without paying.
  • You also want vaults.

Choose SushiSwap if

  • You need token swaps.
  • You want to start without paying.
  • You also want liquidity mining.

Questions people ask

Is MakerDAO or SushiSwap better?
Neither clearly leads. MakerDAO starts at Free and SushiSwap at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, MakerDAO or SushiSwap?
MakerDAO starts at Free and SushiSwap at Free.
Does MakerDAO or SushiSwap run on more platforms?
Both run on Web, so platform support will not decide this one for you.
Can I use MakerDAO for free?
Both have a free tier, so you can try either at no cost before committing.
What is MakerDAO best used for?
MakerDAO is most often used for defi, stablecoin, lending. Of those, stablecoin and lending are not what SushiSwap is typically brought in for.
What can MakerDAO do that SushiSwap cannot?
MakerDAO covers DAI Stablecoin, Vaults, Stability Fees, Liquidations. SushiSwap covers Token Swaps, Liquidity Mining, Kashi Lending, BentoBox. Both handle Web support.

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