$SUSHI
Sushi Labs recently announced the acquisition of the DeFi infrastructure company Shipyard Software, a move aimed at addressing some key issues in the decentralized finance (DeFi) space, including impermanent loss, liquidity supply optimization, and improved cross-chain trading efficiency. Through this acquisition, Sushi Labs will further enhance its ecosystem and promote DeFi innovation.
The core products of Shipyard Software include Blade and Kubo:
- **Blade**: This is a next-generation automated market maker (AMM) that utilizes an innovative RFQ (Request for Quote) system, capable of optimizing on-chain pricing, eliminating impermanent loss, and enhancing trading execution efficiency. Blade is designed to provide traders with a more efficient and precise trading experience.
- **Kubo**: This is a premium liquidity solution that supports single-sided staking and trading of long-tail assets with up to 100x leverage. Kubo aims to provide users with more flexible liquidity management tools, particularly when trading long-tail assets, significantly improving capital efficiency.
Sushi Labs plans to integrate Blade and Kubo into its existing ecosystem to further enhance the competitiveness of its DeFi products. This integration is expected to bring Sushi users a more efficient trading experience, lower trading costs, and a richer selection of liquidity options.
This acquisition not only marks a further expansion of Sushi Labs in the DeFi space but also demonstrates its commitment to solving industry pain points through technological innovation. With the addition of Blade and Kubo, the Sushi ecosystem is expected to occupy a more important position in the future DeFi market.