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Reading: Jared Grey Reveals Future Plans for SushiSwap’s New DEX Products
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COINTURK NEWS > Altcoin News > Jared Grey Reveals Future Plans for SushiSwap’s New DEX Products
Altcoin NewsBlockchain News

Jared Grey Reveals Future Plans for SushiSwap’s New DEX Products

In Brief

  • Jared Grey outlines plans for five new products by SushiSwap for 2025.

  • Sushi's Susa DEX aims to enhance trading performance on the N1 chain.

  • SUSHI token has shown significant growth despite recent price drops.

Ömer Ergin
Ömer Ergin 6 months ago
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Jared Grey, the executive director of Sushi Labs, announced future plans for the multi-chain decentralized exchange (DEX) SushiSwap. Grey mentioned that SushiDAO underwent a comprehensive governance change in April and will be launching new Sushi products utilizing a multi-token ecosystem model.

Contents
Introduction of New ProductsStatus of Sushi Token

Introduction of New Products

In a statement on the social media platform X, Grey shared a list of five new products planned for 2025. These products include Wara, which will offer a new trading experience on Solana $143, Susa, Sushi’s new on-chain order book perpetual DEX, Kubo, which employs delta-neutral strategies to launch new markets, Blade, designed to eliminate MEV, and the SushiSwap Aggregator.

“The list of products we plan to launch in 2025:” Jared Grey

Grey noted that the new perpetual DEX, Susa, will begin on the N1 chain, which he described as the “highest-performing network” for on-chain order books. This move aims to strengthen SushiSwap’s infrastructure, providing faster and more secure trading opportunities.

Status of Sushi Token

Currently, the SUSHI token is trading at $2.34. This cryptocurrency ranks 242nd by market cap and has experienced a drop of over 2% in the last 24 hours. However, it has seen an increase of 68% over the past week and 207% in the last month, although it remains approximately 90% below its all-time high of $23.38 from March 2021.

SushiSwap’s new projects aim to support the platform’s future growth and development. With multi-chain support and innovative products, SushiSwap is expected to offer its users a broader and more effective trading experience.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 11 December, 2024 - 8:44 am 11 December, 2024 - 8:44 am
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