TechFlow news — SushiSwap has acquired Vortex Protocol, a Cosmos-based decentralized derivatives trading protocol. The acquisition amount has not been disclosed. Built on Sei Network using Cosmos tools, Vortex Protocol will become another product under SushiSwap and will adopt a new name.
Vortex Protocol is a yet-to-launch decentralized derivatives exchange designed to offer users up to 10x margin trading across various assets. Both Sei Network and SushiSwap’s newly acquired Vortex Protocol are scheduled to launch on mainnet in the second quarter of 2023. This move also positions SushiSwap as one of the first Ethereum applications to migrate into the Cosmos ecosystem.Original link
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