Sushi on Katana supports both v2 and v3 liquidity pools. Most pools are currently on Sushi v3, which uses concentrated liquidity — meaning you provide liquidity within a specific price range. You only earn fees while the price stays in range, but your capital works more efficiently than in v2.
In this example, we’ll walk through how to LP on a v3 pool — specifically the AUSD/USDC pair.
Step 1: Go to the Pool Page
Navigate to sushi.com/katana/pool, connect your wallet, and click “I want to create a position.”
From the dropdown, select “V3 Position.”
Step 2: Choose Your Token Pair
Select the pair you want to LP.
In this example, we’ll use vbUSDC / AUSD.
Step 3: Select a Fee Tier
Choose the fee tier based on volatility:
- 0.01% – Best for stable pairs
- 0.3% – Best for most pairs
- 1% – Best for volatile or exotic tokens
Step 4: Set Your Price Range
You can manually drag the price band or choose a preset:
- Full Range – Like v2, always in range, but less efficient
- ×÷2, ×÷1.2, ×÷1.01 – Tighter ranges mean higher capital efficiency but more risk
- Single-Sided (Left or Right) – Deposit only one token based on your market view
Step 5: Review Capital Settings
After setting your range, you’ll see key metrics that help assess your position:
- Token Ratio – How your deposit is split between the two tokens, based on the range you choose.
- Capital Efficiency – How much more efficient your range is compared to a full-range (v2-style) position. Narrower = more efficient.
- Estimated APR – Based on the past 24 hours of trading fees, assuming your position stays in range. Does not account for impermanent loss.
You’ll also see:
- Min & Max Price – These define the price band where your liquidity is active. You only earn fees when the market stays within this range.
Stable pairs like AUSD/USDC can use tighter ranges for higher efficiency since prices rarely move much. Volatile pairs may benefit from wider ranges for better coverage.
You can adjust the range manually or use the preset options. Hover over the tooltips for deeper explanations.
Step 6: Input Token Amounts
Enter how much you want to deposit.
Note: The token ratio may not be 50/50 depending on the price range you've set.
Step 7: Approve Tokens
Click “Approve” for each token.
Your wallet will prompt you to allow Sushi to use your funds.
Step 8: Preview and Confirm
Once approved, click “Preview.”
Review the summary (price range, slippage, token amounts), then click “Add Liquidity.”
Confirm the transaction in your wallet.
Step 9: Confirmation
You’ll see a notification confirming your position has been created.
You can click “View on Explorer” to verify it onchain.
Step 10: Manage Your Position
Return to sushi.com/katana/pool and go to the “My Positions” tab.
Here you can track your LP position, check unclaimed fees, and manage your liquidity.
Note: You Can Also Use the Explorer
You can also start from sushi.com/katana/explore/pools, select a pool, and click “Add Liquidity.”
This is helpful if you want to review the pool data to decide which pair you want to LP into.
We recommend using the Pool Page for a more streamlined flow and easier position management.