SushiSwap Acquires Shipyard to Elevate DEX Performance
January 29, 2025 â SushiSwap, a prominent decentralized exchange (DEX), has finalized its acquisition of Shipyard, a blockchain infrastructure developer known for its high-frequency trading solutions. This strategic move aims to resolve technical bottlenecks and enhance platform efficiency amid growing competition in decentralized finance (DeFi).
Optimizing Transaction Speed and Reliability
Persistent performance issues, including latency and MEV (miner extractable value) vulnerabilities, have contributed to SushiSwapâs declining total value locked (TVL), which remains 80% below its 2021 peak. Shipyardâs proprietary tools for low-latency order execution and MEV resistance are expected to streamline SushiSwapâs multi-chain liquidity aggregation, improving trader profitability and platform stability.
Aligning with Sushiâs 2025 Roadmap
The acquisition accelerates the development of two flagship products:
- Wara: A Solana-native trading interface targeting institutional liquidity.
- Susa: An on-chain perpetual DEX with a hybrid order book model for derivatives trading.
âShipyardâs infrastructure is critical to achieving sub-second trade execution across chains,â said Jared Grey, Executive Director of Sushi Labs. âThis integration will empower our aggregator to deliver unparalleled user experiences while scaling beyond 40+ integrated networks.â
Market Impact and Future Prospects
Despite SUSHIâs recent 68% weekly price surge to $2.34, the token remains 90% below its all-time high. Analysts suggest the Shipyard deal could renew investor confidence by addressing SushiSwapâs operational inefficiencies and expanding its DeFi product suite.
The DEX sector continues to grow, with derivatives volumes surpassing $1.5 trillion in 2024. By leveraging Shipyardâs technology, SushiSwap aims to reclaim market share and solidify its position as a leader in cross-chain decentralized trading.
