Popular Decentralized Finance (DeFi) protocol Sushi is planning to expand its exchange to the Aptos blockchain.
In addition to this expansion, Sushi’s version 2 automated market maker (AMM) and SushiXswap will also be integrated into the Aptos network. Markedly, this is the DeFi project’s first time coming on a blockchain that is not natively compatible with the Ethereum Virtual Machine (EVM).
The Sushi team highlighted this first foray in a statement. “This integration marks the first non-EVM chain for Sushi,” Also, “The first-ever non-EVM integration with Aptos is key to advancing Sushi’s goals for cross-chain and multi-chain prominence.”
Sushi and Aptos to Push Further Integrations
Sushi is a renowned multi-chain decentralized exchange (DEX) built on the Ethereum (ETH) blockchain. Its plan to expand to the Aptos blockchain marks a significant milestone for the DeFi project and the Andreessen Horowitz (a16z)-linked Layer-1 blockchain. Both parties are positive that the expansion will bring about many other integrations in the near future.
“Further integrations are coming soon, focusing on world-class UX and interoperability for Sushi and Aptos users and builders,” Aptos reiterated.
Aptos Promotes Web3.0 Potentials
Aptos prides itself as a blockchain known to deliver enterprise-grade scalability, reliability, security, and usability. The L1 blockchain has been growing in popularity for a while now. In the first quarter of 2023, Aptos inked a partnership deal with Universal Pictures based on the Nicholas Cage and Nicholas Hoult-starring horror-comedy “Renfield.”
The collaboration involved the release of an interactive web-based game and a contest that will let participants win both digital and tangible items or prizes using the Aptos blockchain.
At the time, Sam Schoonover, the founder of Forward, the firm that came up with the “Renfield” game acknowledged the usefulness of Aptos’ infrastructure in providing users with a fun experience.
Mastercard Collaborates with Aptos Blockchain to Protect Users
Mastercard equally collaborated with Aptos and many other networks to launch its Crypto Credential for user verification. The move was aimed at mitigating the operation of hackers, scammers, and other bad actors.
Ultimately, the Mastercard Crypto Credential provides a set of common standards and infrastructure that will help attest to trusted interactions among consumers and businesses using blockchain networks, per a statement from Raj Dhamodharan, Mastercard’s Head of Crypto & Blockchain.