News

Sushi Super Swap Roadmap Released With Many Improved Products

Key Points:

  • The Sushi Super Swap roadmap was launched with expansion on multi-chain expansion, cross-chain aggregation, and the introduction of Blade AMM.
  • The exchange is building native DEXs for various blockchain ecosystems to enhance liquidity sharing and cross-chain transactions.
Sushi, one of the leading DEXs in the DeFi space, has just announced Sushi Super Swap roadmap, outlining significant initiatives toward the scaling up of its multi-chain capabilities.

Read more: Sushi DAO Financial Proposal Passes Preliminary Signal Vote With 62.5% Support

Sushi Super Swap Roadmap Launched to Extend Multi-Chain Capabilities

Per the official blog post, the Sushi Super Swap roadmap focuses on the aggregation of cross-chain, integrating Swap API, and further development of its cross-chain product, SushiXSwap.

Multiple important updates have been included in the Sushi Super Swap roadmap for both traders and liquidity providers. Sushi is streamlining its token onboarding process, improving trading features facilitating tax tokens, fixed investments, and limit orders.

Most importantly, the DEX is releasing the Blade AMM, which promises to push away the impermanent loss issues within the liquidity provider community. It is further working on Kubo and ALM smart pools for better management and increased returns for liquidity providers.

In its effort to go multichain, Sushi is building native DEXs on a variety of blockchain ecosystems, including Saru on ApeChain, Susa on Layer N, and Wara on Solana. These will be integrated into the greater Sushi ecosystem, sharing liquidity pools and leveraging advanced routing technology to unify seamless cross-chain transactions.

Sushi Labs, New Derivative Exchange Signal Commitment to Innovation

Sushi is a fork from Uniswap that was launched in 2020 and has grown into an extensive DeFi platform. It has gained a reputation for its community-driven governance and offers a wide array of services, ranging from yield farming to staking and lending. These recent initiatives really show its commitment to innovation and growth amidst the rapidly changing landscape in DeFi.

In June, Sushi extended its list of innovation announcements with a new initiative for fostering growth called Sushi Labs. It also announced plans to team up with Layer N on a derivatives exchange launch, Susa, which is expected to continue improving the platform in the derivatives market.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

Recent Posts

Market Overview (Oct 21 – Oct 27): S&P 500 Exceeds Earnings Forecasts Amid U.S. Gov Wallet Hack

U.S. Government wallet compromised with $20M in altcoins, Kraken’s new blockchain plans, Stripe’s $1.1B Bridge…

23 mins ago

Crypto Derivatives Trading Platforms See Surge With Over $40B

Crypto derivatives trading now dominates 71% of digital asset trading volume, with open interest exceeding…

2 hours ago

Hong Kong Crypto Exchanges Will Be Boosted in the End of 2024

To receive full operational licenses, Hong Kong crypto exchanges must address regulatory issues, undergo third-party…

3 hours ago

US Non Farm Employment Report, Q3 GDP & PCE Data Release This Week

The US Non Farm Employment Report, Q3 GDP, and core PCE data are due this…

6 hours ago

A16z Crypto User Estimate: 30–60M Real Monthly Users in 2024

a16z Crypto User Estimate suggests there are 30-60M real monthly crypto users, revealing a major…

6 hours ago

Tether Reserve Breakdown Shows $9.45B in BTC, Gold Assets

Tether Reserve Breakdown reveals $9.45B in BTC and gold, plus significant U.S. Treasury holdings, amid…

7 hours ago

This website uses cookies.