Sushi Expands to Aptos: Enhancing Cross-Chain Liquidity and Trading Experience
Sushi, a decentralized exchange (dex) and automated market maker (AMM) built on Ethereum, has announced its expansion to Aptos, a new layer one (L1) blockchain. The integration aims to unlock deeper cross-chain liquidity and enhance the trading experience across different chains. Aptos, known for its scalability and focus on reliability, security, and usability, offers a non-EVM chain that introduces new possibilities for Sushi’s developers.
By leveraging Aptos’s Move programming language, Sushi is introducing its v2 Automated Market Maker (AMM) with the potential for more integrations in the future. Sushi believes that this expansion not only enables deep liquidity across major blockchain networks but also strengthens its position as a leader in cross-chain trading.
Although Sushi’s volume has decreased over the past years, with a total value locked (TVL) of $347.23 million, the integration with Aptos presents an opportunity for growth and revitalization for the dex platform.
Hot Take: Sushi’s Strategic Expansion to Aptos Holds Promise for Reviving its Market Presence
Sushi’s decision to expand to Aptos, a new layer one blockchain, marks a significant strategic move for the dex platform. By tapping into Aptos’s capabilities, Sushi aims to enhance cross-chain liquidity and elevate the trading experience for its users. With its focus on scalability and reliability, Aptos presents new possibilities for Sushi’s developers, thanks to its non-EVM chain and Move programming language. This expansion not only strengthens Sushi’s position as a leader in cross-chain trading but also opens doors to new growth opportunities. Despite experiencing a decline in volume and total value locked (TVL) in recent years, the integration with Aptos holds promise for revitalizing Sushi’s market presence and attracting renewed interest from the crypto community.
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