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Home»Blockchain»Sushi goes live on Aptos
Blockchain

Sushi goes live on Aptos

2023-11-23No Comments2 Mins Read
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Decentralized platform Sushi announced integration with the Aptos blockchain for scalability, security and improved user experience.

In a blog post published on November 20, Sushi announced the first non-Ethereum virtual machine (EVM) chain integration on Aptos.

Additionally, Sushi says it will launch its Automated Market Maker (AMM) version 2 on Aptos, followed by the implementation of SushiXSwap.

Automated market makers represent a form of decentralized exchange (DEX) that uses algorithm-driven “money robots” to simplify the process of buying and selling cryptocurrency for individual traders.

The integration of a V2 AMM allows users to exchange tokens via Aptos and over 30 networks, including Ethereum, Arbitrum, Polygon, Optimism, BNB Chain, Base and more. This extension enables seamless exchange of liquidity and tokens between different networks.

This successful integration with Aptos further strengthened Sushi’s commitment to innovation and its commitment to bringing new updates and integrations to the community.

Sushi blog

To celebrate the new collaboration, the Sushi team has announced a promotion where users can receive an NFT from the Sushi Multi-chain Feast collection. They will be available upon completion of all tasks, which the Sushi team says will be available in the coming months.

News of Aptos’ support appeared in September. It was then reported that as part of the expansion, an AMM and SushiXswap would be integrated into the network. Aptos said in a statement that this partnership is just the beginning of the collaboration.

1/ @SushiSwap is moving towards a larger cross-chain experience with Aptos. #SushiRollsWithAptos

Sushi, the leading multi-chain DEX, will soon expand to Aptos, their first non-EVM chain.

More information 👇 pic.twitter.com/ENWzqm4MgN

— Aptos (@Aptos_Network) September 11, 2023

You might also like: Sushiswap (SUSHI) rises amid discussion of new tokenomics models

See also  HypeQuest announces launch on Manta Network, expanding SocialFi and GameFi integration



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