Crypto Biz: SushiSwap bets on new roadmap against DEX competition

This week’s Crypto Biz also explores Tesla’s Bitcoin holds, Avalanche’s Visa card, Core Scientific’s billionaire deal with CoreWeave and Chainlink’s pilot for corporate databases.

Decentralized exchange SushiSwap announced a new roadmap, promising to allow users to “Swap Anything” from non-fungible tokens (NFTs) to coins across over 35 chains. 

The roadmap targets one of the key pain points of the blockchain ecosystem — liquidity across networks. The company recently unveiled a route processor to gather traders’ better rates with liquidity aggregated from hundreds of sources. 

According to data from DefiLlama, Sushi’s aggregator tool has generated $597.76 million in all-time trading volume since July. The revised roadmap follows recent governance changes in the DEX, which created a counsel structure where its community would still have the power to decide on treasury allocations but wouldn’t be involved in operational details.

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