Back to all postsSushiSwap's new roadmap enhances liquidity across 35 chains with advanced features like Blade and Kubo, setting new standards in DeFi.
October 26, 2024

SushiSwap's Ambitious Roadmap: A Closer Look

Introduction to SushiSwap's Vision

SushiSwap, the decentralized exchange (DEX) that's been around for a while now, has just dropped a massive roadmap. This isn't just any roadmap; it's an ambitious plan called "Swap Everything." The main goal? To tackle one of the biggest challenges in blockchain today: liquidity across multiple networks. With new features like the Route Processor, Blade, and Kubo on the horizon, Sushi is aiming to set some serious standards in liquidity optimization and risk management. But as with all things crypto, there are pros and cons to consider.

Route Processor: The Heart of Liquidity Optimization

Multi-Chain Focus and Enhanced Swap Experience

At the core of this new vision is something called the Route Processor. This tool is designed to aggregate hundreds of liquidity sources across 35+ blockchain networks. The idea is simple yet powerful: provide users with access to the deepest liquidity pools available, ensuring they get the best swap rates possible. According to DefiLlama, Sushi's aggregator has already done impressive numbers, racking up $597 million in trading volume since July.

Advanced Technology or Just Another Tool?

Now, here's where it gets a bit technical. The Route Processor works hand-in-hand with what's being dubbed as "Super Swap", which claims to have the most advanced swap stack out there. While this may sound great for users looking for optimal routes and minimal fees, one has to wonder if other projects will simply copy this approach or if there's more innovation at play here.

New Features: Blade and Kubo

Blade: A Safety Net for Liquidity Providers?

One of the standout features being introduced is Blade—an automated market maker (AMM) that aims to eliminate impermanent loss (IL) for liquidity providers. By offering stable yields on certain assets regardless of price fluctuations, it seems designed to make providing liquidity less risky and more appealing. But does it really solve the problem or just shift it elsewhere?

Kubo: Balancing Risks Across Networks

Then there's Kubo, which focuses on delta-neutral strategies in perpetual futures markets. It aims to balance risks across multiple networks while minimizing exposure to market volatility. On paper, it sounds sophisticated—but isn't that what many crypto tools claim before becoming obsolete?

Community Engagement and Risk Management

Steer Protocol: A Layer of Complexity

To manage all this new complexity, Sushi has partnered with Steer Protocol for advanced automated position management. This allows for backtesting strategies before deployment—essentially making sure your bets are good ones before you place them. While this might seem beneficial for capital efficiency and risk management, doesn't it also add another layer that could confuse newcomers?

Roadmap Built by Community For Community

Interestingly enough, this entire roadmap appears to be built by community members for community members—a stark contrast from many top-down approaches seen elsewhere in crypto land. By actively involving its user base in development processes like these—and even gathering feedback along the way—it sets itself apart as more inclusive than exclusive.

Summary: Is SushiSwap Leading or Following?

So where does that leave us? On one hand we have an innovative platform seemingly pushing boundaries; on another we have questions about whether it's truly original or merely aggregating existing ideas into something slicker.

As always with crypto—only time will tell if these visions become reality...or fade into obscurity alongside countless others before them!

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