Ex Sushi CTO Joseph DeLong Bringing Deepstate DEX to Robinhood Chain

Joseph DeLong, the former chief technology officer of SushiSwap and current head of stablecoin card startup Colossus, is expanding his footprint in the decentralized finance space. He announced plans to launch a new order book decentralized exchange named Deepstate.

The exchange started as a side project, but DeLong stated that it quickly outgrew his nights and weekends schedule. The platform will deploy on Robinhood Chain next week, marking an interesting step for the developer as he brings his background in automated market makers and protocol design to a new network.

Traders and industry observers will be watching closely to see how the launch performs on Robinhood Chain. Keep an eye out next week for the official rollout and initial details on how the order book functions in practice.