SushiSwap Goes Beyond Ethereum Compatibility, Announces Integration With Aptos
Decentralized digital asset exchange, Sushi has expanded its operations to layer 1 blockchain Aptos integrating its Sushi v2 Automated Market Maker (AMM) and SushiXswap on the network.
This development marks the first time the decentralized exchange (DEX) will be integrated on a blockchain without the Ethereum Virtual Machine (EVM) compatibility.
Aptos became a destination for SushiSwap because of its scalability, reliability, and security. Sushi noted in its official release that this milestone will improve the depth of the platform while strengthening its position as a multi-chain network.
For Aptos, this move opens up fresh capital as it seeks to rival other non-EVM blockchains like Solana and Osmosis.
“At Aptos, we wholeheartedly believe in the potential of Web3 to bring real opportunities to real people, whether that means broader access to services or greater ownership over creative output.”
SushiSwap is deploying the v2 Automated Market Maker (AMM) and SushiXswap by utilizing Aptos’ Move programming language to improve the general trading experience.
“This expansion to Aptos not only unlocks a new level of deep liquidity across major blockchain networks but also significantly elevates the cross-chain trading experience," SushiSwap statement reads.
The move has been touted as symbiotic to both platforms. While Sushi aims at improving the cross-chain experience, Aptos needs the decentralized finance (DeFi) traction Sushi has to offer.
Data from DeFiLlama shows that Aptos has $45 million as total value locked (TVL) on the network while Sushi boasts over $350 million in TVL with the majority (about $267 million) on Ethereum.
Before this integration, Sushi has been deployed on Ethereum, Polygon, Base, Arbitrum, BNB Chain,
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