Key Takeaways
- SushiSwap, a prominent Ethereum DEX, is integrating with Aptos, marking the first non-EVM integration for both platforms.
- This collaboration brings Sushi’s core components, including Sushi v2 AMM and SushiXswap, to the Aptos Network.
- Future developments aim to enhance user experience and interoperability, signaling an exciting partnership between these two projects.
Sushi, a leading multi-chain decentralized exchange (DEX) built on Ethereum, has decided to expand its services to Aptos. Through this integration, Sushi’s core components, like Sushi v2 AMM and SushiXswap, will be integrated into the Aptos Network. This development is indeed an interesting one since this is the first non-EVM integration for both Sushi and Aptos. Let’s dive into the details!
The Collaboration
Launched in late August 2020, SushiSwap was forked from Uniswap, another DEX. The native token of the platform is $SUSHI, and the platform offers yield farming to incentivize liquidity provision. The platform has been built on Ethereum-blockchain and was founded by pseudonymous open-source developers Chef Nomi and 0xMaki. Through the native token, the users have voting power on the platform’s future. On the other hand, Aptos Network is an enterprise-grade Layer 1 blockchain that is popular for scalability, reliability, security, and usability.
Features of Integration
Since Sushi has expanded its function on Aptos, Sushi’s core components, like Sushi v2 AMM and SushixSwap, will be available on Aptos as well. This collaboration is one of a kind, as it is the first non-EVM integration for both Sushi and Aptos.
It is also important to note that this integration is just the beginning, and further integrations are going to be detailed later. These upcoming developments are expected to be focused on enhancing the user experience and interoperability.
Source