{"id":73081,"date":"2023-01-26T09:40:45","date_gmt":"2023-01-26T07:40:45","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=73081"},"modified":"2025-09-09T12:07:06","modified_gmt":"2025-09-09T09:07:06","slug":"sushiswap-to-launch-sei-network-based-dex-for-futures-trading","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/sushiswap-to-launch-sei-network-based-dex-for-futures-trading\/","title":{"rendered":"SushiSwap to Launch Sei Network\u2013Based DEX for Futures Trading"},"content":{"rendered":"<p>SushiSwap developers will launch a decentralized exchange for futures trading on Sei Network. This was announced by the project\u2019s <span data-descr=\"this is how the SushiSwap project refers to the executive director position\" class=\"old_tooltip\">\u201cchief chef\u201d<\/span> Jared Grey at the Quantum Miami conference, The Block reports.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;This is a new game for us,&#8221; stressed the project\u2019s CEO.<\/p>\n<\/blockquote>\n<p>He added that the contract was signed earlier this week.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;We are closely collaborating with them [Sei Network], determining what resources to allocate from their side for Sushi,&#8221; Grey said.<\/p>\n<\/blockquote>\n<p>As part of the Cosmos ecosystem, Sei Network enables developers to create <a href=\"https:\/\/forklog.com\/en\/news\/what-are-appchains\">appchains<\/a> \u2014 customizable blockchains for specific applications.<\/p>\n<p>This week, the decentralized exchange community approved the <a href=\"https:\/\/forum.sushi.com\/t\/reinstated-increase-kanpai-treasury-allocation-to-100\/11475\">proposal<\/a> to change the tokenomics. It envisions redirecting all trading fees from xSushi holders to the <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-dao-decentralised-autonomous-organisation\">DAO<\/a> treasury.<\/p>\n<p>The project team hopes the decentralized derivatives exchange will become an additional source of revenue. <\/p>\n<p>Earlier, Jared Grey <a href=\"https:\/\/forklog.com\/en\/news\/sushiswap-chief-lays-out-development-goals-for-2023\">stated<\/a> his intention to increase SushiSwap&#8217;s market share tenfold.<\/p>\n<p>Follow ForkLog&#8217;s bitcoin news on our <a href=\"https:\/\/telegram.me\/forklog\" target=\"_blank\" rel=\"nofollow noopener\">Telegram<\/a> \u2014 cryptocurrency news, rates and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>SushiSwap developers will launch a decentralized exchange for futures trading on Sei Network.<\/p>\n","protected":false},"author":1,"featured_media":73082,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[787,1559,1379],"class_list":["post-73081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-dex","tag-sei-network","tag-sushiswap"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=73081"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73081\/revisions"}],"predecessor-version":[{"id":73083,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/73081\/revisions\/73083"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/73082"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=73081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=73081"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=73081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}