{"id":26245,"date":"2024-02-14T13:54:35","date_gmt":"2024-02-14T13:54:35","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sushi-unveils-new-decentralized-derivatives-exchange-on-layer-n\/"},"modified":"2024-02-14T13:54:35","modified_gmt":"2024-02-14T13:54:35","slug":"sushi-unveils-new-decentralized-derivatives-exchange-on-layer-n","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sushi-unveils-new-decentralized-derivatives-exchange-on-layer-n\/","title":{"rendered":"Sushi unveils new decentralized derivatives exchange on Layer N"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670415728120-152411d7-ab5f-45e5-a21e-7677924b5b0a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670415728120-152411d7-ab5f-45e5-a21e-7677924b5b0a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670415728120-152411d7-ab5f-45e5-a21e-7677924b5b0a-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1670415728120-152411d7-ab5f-45e5-a21e-7677924b5b0a-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<p dir=\"ltr\"><a href=\"https:\/\/coinjournal.net\/sushi\/\">Sushi<\/a>, a multi-chain DEX platform, has announced Susa, a new perpetuals exchange that it says will redefine the derivatives exchange space.<\/p>\n<p dir=\"ltr\">The new platform is built with the technology of Ethereum scaling solution Layer N, Sushi said in an <a href=\"https:\/\/mirror.xyz\/0x548BB17361078E7a337BD131DEd5AEf621c386a3\/dbP_kDQvbgdF91BoV7poVVu4Q1uomhDU6XeqjbMYYMU\" rel=\"noopener noreferrer\" target=\"_blank\">announcement<\/a>.<\/p>\n<h2 dir=\"ltr\">Sushi\u2019s new perpetuals exchange<\/h2>\n<p dir=\"ltr\">Susa, the Sushi team <a href=\"https:\/\/twitter.com\/SushiSwap\/status\/1757409171312374007\" rel=\"noopener noreferrer\" target=\"_blank\">says<\/a>, is a \u201cnatural evolution of SushiSwap\u201d as the DEX grows into a DeFi super ecosystem. It aims at delivering high-speed transactions, targeting 100,000 TPS with under 1 millisecond of latency.\u00a0<\/p>\n<p dir=\"ltr\">The perpetuals exchange will also feature deeper liquidity and greater on-chain capital efficiency.<\/p>\n<p dir=\"ltr\">Tapping into Layer N\u2019s Nord Engine and achieving these features will see Susa rival centralized exchanges. Its goal is to bring the centralized finance (CeFi) experience to the decentralized finance (DeFi) perpetual trading market, Sushi noted in the blog post.<\/p>\n<p dir=\"ltr\">\u201c<em>Launching our perpetual DEX aims to capture the largely untapped market of perpetual trading, consistent with our multi-chain exploration strategy for growth. With perpetual DEXs comprising a small share of the market, introducing Susa highlights our drive for innovation. We look forward to introducing Susa to Sushi users and the DeFi community<\/em>,\u201d Sushi\u2019s Head Chef, Jared Grey, said.<\/p>\n<p dir=\"ltr\">SUSHI, the governance token on <a href=\"https:\/\/coinjournal.net\/sushi\/\">Sushi traded at $1.21<\/a> on Wednesday, with reaction to the news largely muted as Bitcoin stole the show with its spike above $51k.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/sushi-unveils-new-decentralized-derivatives-exchange-on-layer-n\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Sushi, a multi-chain DEX platform, has announced Susa, a new perpetuals exchange that it says will redefine the derivatives exchange space. The new platform is built with the technology of Ethereum scaling solution Layer N, Sushi said in an announcement. Sushi\u2019s new perpetuals [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26246,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26245"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=26245"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26245\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26246"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26245"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26245"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26245"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}