Sushi Labs acquires Shipyard Software to enhance DEX performance, reduce impermanent loss, and improve cross-chain liquidity efficiency.
The integration of Blade and Kubo aims to optimize trading execution and expand SushiSwap’s multi-chain ecosystem.
Sushi Labs, the firm behind the decentralized exchange (DEX) SushiSwap, has acquired Shipyard Software. This action not only enhances the SushiSwap ecosystem but also creates fresh chances for effective crypto asset trading among several blockchain systems.
With this acquisition, Sushi intends to solve various issues in decentralized finance, including enhancing cross-chain transaction efficiency and optimizing liquidity provision. The way Shipyard Software’s technologies can be combined to elevate Sushi, though, makes this even more intriguing.
Excited to announce that Sushi Labs has acquired @ShipyardSW!
Founded by DeFi OGs @MarkLurie & Abe Othman. Their innovations in AMM & liquidity tech outperform key competitors in yield
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