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- Popular decentralized finance (DeFi) platform Sushi has recently unveiled its Sushi Super Swap roadmap.
- Its Route Processor is designed to streamline the swapping process and improve liquidity, making it a powerful tool in the decentralized finance (DeFi) space.
Sushi, one of the longest-running and multichain Decentralized Exchanges(DEX) built on Ethereum has unveiled its roadmap for unlocking next-level liquidity access capturing the spotlight in the DeFi space. The Sushi Super Swap roadmap includes significant changes and upgrades targeted at improving user experience with Route Processor at the center of this evolution.
Super Swap Roadmap
As stated in its official report, the route processor is a pivotal development in the plan. For context, a route processor is a feature that optimizes the trading experience by determining the best path for swaps across multiple DEXs and liquidity sources. By streamlining the swapping process, the Route Processor aims to make trading more user-friendly and efficient, allowing users to complete transactions quickly and with minimal hassle. Additionally, It calculates the most efficient trade routes, minimizing slippage and ensuring that users get the best possible prices for their trades.
This roadmap focuses on improving cross-chain trading through several initiatives, including the integration of a Swap API. The API enables fetching the prices of token swaps, building transaction data to perform on-chain swaps through the Native infrastructure, and smart routing to ensure users receive the best market prices for their trades.
🍣 The alpha is here: SWAP ANYTHING on Sushi 🚀
After four years in DeFi, we're stepping into a new era.
Introducing the Super Swap Roadmap: the journey to SWAP ANYTHING on Sushi. 🧵👇 (1/9) pic.twitter.com/tohNz7FVn1
— Sushi.com (@SushiSwap) October 21, 2024
Sushi is already operational on over 35 blockchains, making it easy to trade across different networks through a single, user-friendly interface. On top of this, Sushi is improving how it lists tokens, focusing on active and reliable options to make trading easier and more informed for users.
Blade is Sushi’s upcoming automated market maker (AMM) that aims to address the problem of impermanent loss (IL) that liquidity providers often face. AMMs allow digital assets to be traded in a permissionless and automatic way by using liquidity pools rather than a traditional market of buyers and sellers. AMMs like Uniswap and SushiSwap enable the trading of cryptocurrencies without the need for centralized entities that provide liquidity and facilitate trades.
Furthermore, Sushi is creating native DEXs for blockchain networks. One of them is, Saru which is built on ApeChain, and is programmed to push liquidity from blue-chip NFT holders. Susa on Layer N, offers traders CeFi-level execution with low latency and high capital efficiency. Lastly, Wara is an automated market maker on Solana with technical capabilities to enable cross-chain liquidity through Sushi’s Route Processor.
Additionally, it is currently in the process of a strategic acquisition. While specific details about the acquisition are not yet available, Jared Grey the DEX’s CEO stated that significant changes are on the horizon, especially regarding AMMs and perpetual trading (perps). Despite the launch of the Super Swap Roadmap, the SUSHI token has been struggling. In the past 24 hours, it has been down by over 1.3% and is currently trading at $0.7599.
