The decentralised exchange platform (DEX) SushiSwap has announced its launch on Aptos (APT). This is the first time SushiSwap has extended to a blockchain not based on the Ethereum Virtual Machine (EVM)
SushiSwap arrives on Aptos -A first ?
The second version of SushiSwap’s Automated Market Maker (AMM) is now available on Aptos. Announced this morning, the news represents a symbolic step for DEX. This is the first time that SushiSwap has extended beyond Ethereum, as the team points out in a press release:
“The first integration of a non-EVM with Aptos is a key step towards achieving Sushi’s goal of dominance in cross-chain and multi-chain operations. “
Aptos joins a growing list. SushiSwap exists on 14 networks or blockchains. These include Ethereum (ETH), Polygon (MATIC), Arbitrum (ARB) and the BNB Chain in particular.
Aptos is coming to the fore?
Launched in October 2022, the Aptos blockchain is relatively new. Despite some controversy at the time of its launch, particularly regarding tokenomics, it has generated a great deal of enthusiasm, not least thanks to major investments from venture capital funds. As a result, at the start of the year, APT had soared by 230%. But the craze was short-lived, and the APT share price has fallen more or less continuously since then:
A $20 ATH… Followed by a drop in the APT price to $5
Actually, we’re hearing more and more about Aptos. At the beginning of August, the blockchain company announced a partnership with Microsoft to develop artificial intelligence. The aim? To create a chatbot to explain Web3 to new users. The Aptos ecosystem has been expanding in recent months.
