Sushi, a decentralized finance company, plans to launch a decentralized derivatives platform called Susa on Layer N, a Layer 2 of Ethereum that aims to incorporate certain centralized aspects into decentralized platforms.
According to a company statement, Susa's creators will be able to create various custom applications using Layer N's Nord Engine, including smart contract applications and full rollups.
Susa's main goal is to compete with centralized exchanges in terms of performance and speed by using Layer N's capabilities to process thousands of transactions in less than a millisecond.
Layer N's modular approach to rollups will lead to more efficient capital utilization and greater liquidity while utilizing the security of ethereum.