BTC PULSE
No Result
View All Result
Play Now
No Result
View All Result
BTC PULSE
No Result
View All Result
Play Now
Home Blockchain

SushiSwap releases SushiXSwap as it Expands across Blockchains

by Dalmas Ngetich
Jul 26, 2022 - 12:00 am
in Blockchain
SushiSwap releases SushiXSwap as it Expands across Blockchains

On the 21st of July, SushiSwap announced the release of SushiXSwap, a cross-chain swap Automated Market Maker (AMM). With the release of SushiXSwap, the blockchain protocol aims to migrate some DeFi products to the 2.0 architecture.

4/ 🍣 Sushi is focused on building true multi-chain apps.

🔀 Today we launched SushiXSwap, the first ever cross-chain swap AMM.https://t.co/pubjJjXqpM

— I'm Software 🦇🔊 (@MatthewLilley) July 21, 2022

The liquidity provision process will remain automated on the decentralized protocol, and users will now be able to transfer the tokens from one chain to another. The cross-chain swap will support tokens on the Ethereum mainnet, Polygon Mainnet, Binance Smart Chain Mainnet, and the Avalanche C-chain.

The release of the SushiXSwap synchronizes with the community’s goals of building a decentralized trading platform for the future of finance. Further, with the SushiXSwap adopting StarGate and LayerZero as liquidity transfer layers, users will now be able to enjoy one-click swaps.

StarGate creates new possibilities for direct interfaces with Omnichain wallets, Automated Market Makers, and yield aggregators.

SushiSwap’s Development Trajectory

Undoubtedly, SushiSwap has played a vital role in the DeFi ecosystem. The blockchain protocol has come a long way since its inception, and Matthew Lilley, one of SushiSwap’s developers, has applauded it.

Matthew noted that Sushi was the first major DeFi protocol to test multi-chain expansion. Sushi scaled several networks, paving the way for other DeFi protocols to follow. Admittedly, while Sushiswap has been instrumental in propelling some DeFi developments, the protocol has faced some hurdles on its way.

Matthew Lilley believes that Sushi has learned from its setbacks and has become stronger. The blockchain developer also believes that Sushi’s actions in championing major developments have benefitted the DeFi ecosystem as a whole.

Sushi community members now have access to an all-in-one DeFi platform for performing cross-chain swaps. Additionally, SushiSwap will not weigh users down with hefty fees. The protocol’s fees are low, and gas fees are only charged once.

Tags: DeFiSushiSwap
Dalmas Ngetich

Dalmas Ngetich

His primary focus is on technical analysis (crypto is, obviously, *not* crypto without the twirls of price action), the magic of DeFi, and NFTs. He is specifically training his eyes and effort on DeFi—and how the tech is changing investment, opening up opportunities for everyone—and the possibilities of NFTs.

Related Posts

Arthur Hayes speaking about Bitcoin as Japan’s new Prime Minister announces economic stimulus measures

Arthur Hayes Predicts $1M Bitcoin as Japan’s New PM Unveils Economic Stimulus

October 22, 2025

Arthur Hayes predicts Bitcoin could hit $1M as Japan’s new PM Sanae Takaichi launches economic stimulus, signaling potential...

blockchain

Bolivia’s President-Elect Rodrigo Paz Turns to Blockchain to Fight Corruption

October 20, 2025

Bolivia’s new president Rodrigo Paz plans to use blockchain in public procurement and crypto asset declarations as part...

Metaplanet and Bitcoin Magazine logos, symbolizing their new partnership to expand operations in Japan.

Japan Moves Toward Allowing Banks to Buy Bitcoin Under New Regulatory Framework

October 19, 2025

Japan’s regulators are reviewing changes that could let banks buy and hold Bitcoin, signaling a major shift in...

24H HOLD token price chart showing 35% surge despite market pullback

Crypto markets surge as Trump confirms October 31 summit with Xi Jinping

October 19, 2025

Crypto markets rebound after Trump confirms October 31 summit with Xi Jinping, easing US-China tensions and sparking optimism...

View All
BTC-Pulse LogoTransparent

© 2024 BTC-PULSE. Disclaimer: The content is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.

Info

  • Learn
  • Price Prediction
  • Events
  • Press Releases
  • Sitemap

Company

  • About Us
  • Terms of Service
  • Privacy Policy
  • Contact Us
  • Advertise

News

  • Altcoins
  • Bitcoin
  • Ethereum
  • NFT
  • Regulation
  • WEB 3.0

©2024 BTC-PULSE – All right Reserved.

No Result
View All Result
  • About Us
  • Advertise
  • BTC-PULSE
  • Contact Us
  • Events
  • Privacy Policy
  • Sitemap
  • Terms of Service