HomeNEWSMultichain expansion; Sushi extends to Aptos

Multichain expansion; Sushi extends to Aptos


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Leading decentralized exchange (DEX), SushiSwap has extended to Aptos, a layer 1 blockchain. In today’s blog post that revealed the extension, the DEX indicated that the expansion to Aptos will provide more scalability, reliability, security, and usability to users. More so, the decentralized exchange stated that the move surfaced as part of its effort to serve users better.

Additionally, SushiSwap explained that the move will further enhance its dominating presence in the multi-chain sphere. It is worth establishing that the expansion to Aptos represents a milestone for the decentralized exchange. Further, the layer-1 network is the first non-EVM chain that SushiSwap is launching on. 

The decentralized exchange illuminated that it will leverage some of the strengths of Aptos to enhance users’ experience. SushiSwap will rely on the layer 1 network’s Move programming language to advance its decentralized exchange offering. With Aptos, the DEX is confident that users will enjoy a “new level of deep liquidity.” Also, SushiSwap added that it will extend its expansion to other networks. 

Meanwhile, the decentralized exchange in the blog post provided insights into some notable features of Aptos. According to the DEX, Aptos is a layer 1 network designed for the secured development of innovative solutions. As revealed, the network through its Move programming language allows developers to design applications in a simplified and secure way. The programming language and its flexibility have made Aptos a popular network infrastructure provider in the Web3 landscape.

How SushiSwap is pushing for sustainable growth in the DeFi ecosystem 

SushiSwap over the years has emerged as a reputable platform in the Decentralized Finance (DeFi) space. In an effort to maintain its admirable stature, the decentralized exchange has introduced a host of features. Similarly, the platform has as well collaborated with firms to facilitate sustainable growth in the DeFi ecosystem. 

On June 6, 2023, Binbits reported that SushiSwap collaborated with ThunderCore to ensure the advancement of the DeFi landscape. As a result of the collaboration, the decentralized exchange deployed some of its products on ThunderCore. Further, the partnership boosted the DEX’s stature in the industry. According to DeFiLlama, SushiSwap has expanded to about 28 chains with $347.21 million Total Value Locked (TVL) as of press time. 

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David Idowu
David Idowu
David Idowu is a crypto reporter and trader with wealthy years of experience. He believes that blockchain technology has numerous opportunities that are begging for proper utilization. Away from work, David is either reading about World Politics, History or Tech Innovations.

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