Decentralized exchange (DEX) SushiSwap has announced its expansion to the Aptos Layer 1 blockchain (APT).
1/ @SushiSwap is MOVE-ing up to a greater cross-chain with Aptos. #SushiRollsWithAptos
Sushi, the leading multi-chain DEX, will soon expand to Aptos, their first non-EVM chain.
Learn more 👇 pic.twitter.com/ENWzqm4MgN
— Aptos (@Aptos_Network) September 11, 2023
Aptos became the first non-affiliated network EVMwhich Sushi added support for.
Among the advantages of blockchain, DEX representatives highlighted the Move programming language. Based on it, the platform will launch an automated market maker.
In addition, the exchange will set up the cross-chain swap service SushiXswap.
According to Token Terminal, the number of Aptos developers has dropped by 35% over the past year. Currently, 67 people are involved in the project.
According to CoinGecko, over the past week, APT’s capitalization has decreased by almost $100 million, to $1.15 billion. At the same time, the total blocked value of assets in the protocol is $45.7 million, and trading volume over the last 24 hours reached $434,000.
The integration did not greatly affect the price of the tokens of both projects. At the time of writing, SUSHI coin is trading at $0.565 and APT at $5.
Recall that in August, Aptos developers announced the launch of Aptos Digital Asset Standard tokens, which offer “unmatched flexibility, composability and scalability.”
The blockchain previously launched a delegated staking feature that makes the process “more accessible and user-friendly.”
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