SushiSwap, the prominent decentralized exchange (DEX), has rebranded to Sushi Labs, aiming to rejuvenate its platform with new features and a more agile governance model. The rebranding includes the introduction of a new derivative exchange for US-based traders and the launch of an on-chain perpetual DEX. Sushi Labs will also feature cross-chain capabilities and an updated governance model, retaining Sushi DAO for major decisions. These changes come as SushiSwap seeks to boost its volumes and appeal amid a challenging market environment.
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