Sushi Labs, the innovative arm of SushiSwap, has acquired Shipyard Software to advance liquidity and trading technologies in the DeFi sector.
Strategic Union in DeFi Innovations
The acquisition marks a significant milestone in addressing major DeFi challenges, particularly impermanent loss mitigation and multi-chain liquidity optimization. Shipyard's leaders, Mark Lurie and Abe Othman, will join Sushi Labs as strategic advisors, bringing valuable insight and technical expertise.
Revolutionary Products for DeFi
At the heart of the deal is Blade, Shipyard's innovative AMM infrastructure. Blade features an advanced Request for Quote (RFQ) system, updating on-chain pricing mechanisms. Alongside, Kubo offers powerful liquidity management capabilities with delta-neutral vaults and single-sided staking.
Multi-Chain Strategy and Expansion
Integrating Shipyard's technologies allows Sushi Labs to extend its influence beyond its native ecosystem, enhancing trading efficiency and capital optimization. Supporting cross-chain access strengthens Sushi's position as a borderless DeFi platform.
This union is a significant step towards creating a more accessible and efficient DeFi ecosystem, promising benefits for both current participants and future users of decentralized finance technologies.
