Hassan Maishera
Chainlink announced via X (formerly Twitter) on Friday that Sushiswap has integrated Chainlink’s Cross-Chain Interoperability Protocol (CCIP) across the Arbitrum, Avalanche, Ethereum, Optimism, and Polygon mainnets.
Sushi is a leading multi-chain decentralized exchange (DEX) deployed on over 25 different chains. The integration of Chainlink CCIP with its Arbitrary Messaging, Token Transfer, and Programmable Token Transfer capabilities, aligns perfectly with the Sushiswap mission. This protocol not only helps enable liquidity to flow effortlessly across the multi-chain ecosystem, but it also provides robust security features. Rate limits can be set on a per-token and per-lane basis, acting as a safety throttle in case of exploits or issues on the destination chains. Furthermore, aggregate rate limits across all tokens for a given lane help ensure that each token's rate limit cannot be abused to the maximum extent.
Chainlink Network (LINK) aims to provide tamper-proof inputs and outputs of data for smart contracts on any blockchain. LINK is up by 6% over the past 24 hours and is trading at $6.580 at press time.
SushiSwap is a Decentralized Finance (DeFi) liquidity provision platform that aims to be an evolution of Uniswap. SUSHI is trading at $0.629, up by less than 1% in the last 24 hours.
