Sushi announces expansion to Aptos blockchain

Crypto Ecosystems • September 11, 2023, 1:01AM EDT
Published 1 minute earlier on
The Block

Quick Take

  • Sushi will be operating its decentralized exchange on the Aptos blockchain.

Sushi is expanding to the Aptos APT +2.84% blockchain, marking the first time the decentralized finance project has integrated with a blockchain that is not natively compatible with the Ethereum ETH +2.69% Virtual Machine (EVM).

As part of the expansion, Sushi's version 2 automated market maker (AMM) will be integrated onto the Aptos network.

“This integration marks the first non-EVM chain for Sushi,” the Sushi team said in a statement. “The first-ever non-EVM integration with Aptos is key to advancing Sushi’s goals for cross-chain and multi-chain prominence.”

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Major EVM chains where Sushi already operates include Ethereum, Fantom FTM +2.96% , Polygon MATIC +1.88% , Arbitrum ARB +4.11% , BNB +2.89% Chain and others.

Backed by venture firm Andreessen Horowitz (a16z), Aptos is a Layer 1 blockchain. Created by former Meta employees, it provides developers with the ability to create decentralized apps using Move, a Rust-based programming language.


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About Author

RT Watson is a senior reporter at The Block who covers a wide array of topics including U.S.-based companies, blockchain gaming and NFTs. Formerly covered entertainment at The Wall Street Journal, where he wrote about Disney, Netflix, Warner Bros. and the creator economy while focusing primarily on technological disruption across media. Previous to that he covered corporate, economic and political news in Brazil while at Bloomberg. RT has interviewed a diverse cast of characters including CEOs, media moguls, top influencers, politicians, blue-collar workers, drug traffickers and convicted criminals. Holds a master's degree in Digital Sociology.

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