Share this article
Decentralized Exchange Sushi Expands to Aptos Blockchain
Sushi has more than seven times the amount of value locked than the entire Aptos blockchain.
Updated Sep 11, 2023, 10:18 a.m. Published Sep 11, 2023, 10:18 a.m.
Sushi, one of the longest-running decentralized exchanges (DEX), has expanded its services to layer-1 blockchain Aptos.
The move to Aptos is the first time Sushi has been accessible on a blockchain that is not compatible with the Ethereum Virtual Machine (EVM). It had previously been accessible on Ethereum, Arbitrum, Base, Polygon, Fantom, BNB Chain and others, according to DefiLlama.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Sushi has $350 million in total value locked (TVL) on its platform, with $267 million of that being on Ethereum. At press time, Aptos has just $45 million in locked value, according to DefiLlama. Sushi's move to Aptos has the potential to pave the way for fresh capital inflows so that it can rival other non-EVM chains like Solana, Mixin and Osmosis.
"This expansion to Aptos not only unlocks a new level of deep liquidity across major blockchain networks but also significantly elevates the cross-chain trading experience," Sushi said in a statement.
Aptos was built by former Meta (META) employees. It rolled out its native APT token last year and despite it having a market cap of over $1 billion, the blockchain struggled to attract a significant portion of decentralized finance (DeFi) TVL.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
USDC Issuer Circle Secures Abu Dhabi's ADGM License in Middle East Expansion
The license allows Circle to expand USDC payment and settlement tools across the United Arab Emirates.
What to know:
- Circle has obtained a Financial Services Permission license from Abu Dhabi Global Market, allowing it to operate as a Money Services Provider in the UAE.
- The stablecoin issuer has appointed Dr. Saeeda Jaffar, former manager at payments firm Visa.
- The approval comes as part of the UAE's emergence as a global hub for regulated digital assets, following similar licenses granted to Binance.
Top Stories
