The Decentralized Exchange SushiSwap Expands to Aptos Blockchain
SushiSwap, a decentralized exchange (DEX), has announced its expansion to the Layer 1 blockchain Aptos. As the decentralized ecosystem continues to evolve, DEXes are looking to bring liquidity across different blockchain networks. SushiSwap’s recent expansion to Aptos follows its expansion to Coinbase’s Base network last month. While SushiSwap is already available on various Ethereum Virtual Machine (EVM) compliant blockchains, the addition of Aptos allows the DEX to operate on a non-EVM chain.
SushiSwap Aims to Leverage Aptos’s Technology
SushiSwap’s decision to expand to Aptos is driven by the appeal of Aptos’ Move programming language, which is designed for smart contracts. The Move programming language offers simplicity, security, and speed for developers looking to create applications on the Aptos network. SushiSwap has plans for further integration with Aptos in the future.
Aptos’s Developer Count Shows Mixed Results
Despite Aptos’s recent decline in core developers by 35% over the past year, there has been a 9.8% increase in core developers in the last 90 days. Currently, there are 67 core developers actively building on the Aptos network. This data, provided by Token Terminal, defines core developers as GitHub users who have made at least one commit to the project’s public repositories in the past 30 days.
Hot Take: SushiSwap Expanding to Aptos Provides Interoperability and Development Opportunities
SushiSwap’s expansion to the Aptos blockchain demonstrates the growing trend of DEXes seeking to bridge liquidity across different blockchain networks. By leveraging Aptos’s technology and Move programming language, SushiSwap can tap into the benefits of the Layer 1 protocol and attract developers looking to create secure and efficient smart contract applications. While Aptos has experienced a decline in core developers, the recent increase indicates a potential resurgence in developer interest. This expansion opens up opportunities for both SushiSwap and Aptos to collaborate and contribute to the evolving decentralized ecosystem.
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