SushiSwap, one of the most popular DEXs (Decentralized Exchanges) on Ethereum, announced the launch of Susa, an innovative platform for trading derivatives on Layer N.
For those unfamiliar, the SushiSwap DEX allows users to exchange tokens in a decentralized way, therefore without the need for an intermediary. The DEX offers a wide range of features, including instant spot trades, liquidity pools and yield farming.
The native token is SUSHI and is used for governance, i.e. to vote on proposals, staking and farming.
Susa is a next-generation platform for trading derivatives on Layer N, which is a Layer 2 scaling solution capable of offering greater speed, efficiency and scalability than Ethereum, all with very low transaction costs and with a wide variety of derivatives (including futures, options and swaps.
Additionally, Layer N received $5 million in funding in September 2023 from Founder's Fund, a venture capital firm founded by Peter Thiel, former CEO of Paypal, no small recognition of potential.
In conclusion, the launch of Susa represents a military milestone for SushiSwap and for the entire DeFi ecosystem.
Susa, offering an innovative and high-performance platform for trading derivatives, opens the way to new possibilities for users and investors.
