Shogun’s cross-chain market making modules offer superior UX for traders and LPs in that the complexities of cross-chain bridging and liquidity management are removed for the individual. Our flagship product, the DIMM (decentralised interchain market maker) uses IBC and interchain accounts (ICA) to run automated logic for dynamic rebalancing strategies by utilizing any available on-chain liquidity for hedging, and LPs can set and forget while earning fees and rewards.

May 15, 2024, Intensity Labs, the developer of the "intent-centric" DeFi protocol Shogun, has raised $6.9 million in a seed funding round. The fundraising was structured as a simple agreement for future equity (SAFE) with token warrants. Binance Labs announced the first part of the S6 incubation projects, which includes Shogun.

Shogun

Shogun is an intent-centric protocol that aims to maximize trader extractable value (TEV) via optimized orderflow and complete chain abstraction.

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