{"id":153986,"date":"2023-09-12T05:53:06","date_gmt":"2023-09-12T00:23:06","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=153986"},"modified":"2023-09-12T05:53:06","modified_gmt":"2023-09-12T00:23:06","slug":"sushi-deploys-on-aptos-setting-stage-for-defi-disruption-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/sushi-deploys-on-aptos-setting-stage-for-defi-disruption-crypto-news\/","title":{"rendered":"Sushi Deploys on Aptos, Setting Stage for DeFi Disruption &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>Sushi, a leading\u00a0DEX platform, has announced its move to\u00a0the Aptos Network. With the launch on\u00a0Aptos, Sushi is finally available on a blockchain that isn\u2019t based on the Ethereum Virtual Machine (EVM). As part of this calculated move, Sushi says it\u00a0will deploy the Aptos network\u2019s Version 2 Automated Market Maker (AMM). Also, Sushi\u2019s SushiXswap cryptocurrency exchange will go live on the Aptos network.<\/p>\n<h2 class=\"wp-block-heading\">Implications and potential impacts of the move<\/h2>\n<p>Aptos Network, a Layer 1 blockchain, is notable for its enterprise-grade scalability, dependability, security, and user-friendliness; therefore, the launch of Sushi on this network will likely have significant impacts on the DeFi market. The DEX\u2019s essential components, such as Sushi v2 AMM and SushiXswap, will be integrated into the Aptos Network without any disruption.<\/p>\n<p>Sushi\u2019s automated market maker (AMM) Version 2 will be integrated into the Aptos network, which will have far-reaching effects on the DeFi industry. Version 2 of the Automated Market Maker (AMM) integration is expected to significantly improve the cross-chain trading experience and deliver deeper liquidity across key blockchain networks.<\/p>\n<p>SushiSwap has deployed on Ethereum, BNB Chain, Fantom, Arbitrum, and Polygon so far. The combination of the Move programming language and the Sushi backend provides developers with a powerful environment in which to create cutting-edge web3 apps that meet the needs of modern users. The Move language is a smart contract-optimized programming language that makes it easy to build efficient, secure\u00a0apps.<\/p>\n<p>As Aptos helps Sushi grow, it increases its credibility as a developing blockchain foundation able to accommodate DeFi companies looking to break out of Ethereum\u2019s sway. By using a blockchain that isn\u2019t EVM, Sushi is able to expand its product offerings and add to the story of cross-chain DeFi\u2019s importance.<\/p>\n<p>Moving to Aptos is expected to\u00a0open up opportunities for further capital infusions, allowing Sushi to compete with other non-EVM networks despite having only $350 million in total value locked (TVL) on its platform. This update to Aptos not only improves the quality of cross-chain trading, but also enables previously unavailable levels of deep liquidity across the most important blockchain networks.<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Sushi, a leading\u00a0DEX platform, has announced its move to\u00a0the Aptos Network. With the launch on\u00a0Aptos, Sushi is finally available on a blockchain that isn\u2019t based on the Ethereum Virtual Machine (EVM). As part of this calculated move, Sushi says it\u00a0will deploy the Aptos network\u2019s Version 2 Automated Market Maker (AMM). Also, Sushi\u2019s SushiXswap cryptocurrency exchange [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":153987,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-153986","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153986","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=153986"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153986\/revisions"}],"predecessor-version":[{"id":153988,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/153986\/revisions\/153988"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/153987"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=153986"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=153986"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=153986"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}