Decentralized finance firm Sushi plans to launch a decentralized derivatives platform called Susa on Layer N, an Ethereum Layer 2 that aims to incorporate certain elements of centralization for decentralized platforms. Susa will allow developers to build custom applications on top of the exchange, ranging from smart contract applications to full-fledged rollups. The platform will utilize Layer N's Nord Engine to facilitate thousands of transactions in less than a millisecond, with the goal of matching the performance of centralized exchanges. Sushi's Head Chef Jared Grey expressed excitement about partnering with Layer N, stating that the collaboration will produce superior products that align with the evolving modular network strategy in the DeFi space. Layer N is a network of rollup nodes that share a communication and liquidity layer, and its mainnet is set to launch this month. The platform secured $5 million in seed funding, co-led by Founder's Fund, in September 2023. Read more AI-generated news on: https://app.chaingpt.org/news

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