SushiSwap launches crosschain DEX across seven major chains

    On July 21, SushiSwap launched its crosschain DEX (decentralized exchange) XSwap. The protocol called the new feature the “first-ever” automated market maker (AMM) exchange enabling cross-chain swaps. SushiSwap (SUSHI) is trying to reverse its declining market share by enabling cross-chain swaps across seven major blockchains. According to an official blog post, XSwap allows traders to…

    The era of easy DeFi yields is over but still attractive

    Alpha in DeFi is about to get a lot scarcer, although still super attractive. Luckily, risk management will eventually get much simpler, suggests Jesus Rodriguez, the CEO of IntoTheBlock, in an article on CoinDesk. Decentralized finance (DeFi) has been one of the areas of crypto most affected during the recent market downturn. From the collapse…