Sushi Labs Builds Saru DEX on ApeChain

Bittime - Sushi Labs and ApeChain teamed up to create DEX Saru, which combines SushiSwap innovation with the ApeChain ecosystem.

Sushi Labs Wake Up DEX Blue

The latest news from Deep Trend TechFlow reveals an exciting collaboration between ApeChain and SushiSwap. SushiSwap's developer division, Sushi Labs, will build the first DEX on ApeChain under the name Saru. This name was chosen to demonstrate the project's commitment to the wider ape ecosystem.

What is Saru?

Saru, the first native DEX on ApeChain, will bring innovation that combines the SushiSwap and ApeChain ecosystems. By using the SushiSwap franchise DEX model.

Saru will operate collaboratively within this ecosystem, sharing liquidity with SushiSwap and leveraging innovative features that SushiSwap has developed on other networks.

SushiSwap's Position on the Blockchain Chain

Currently, SushiSwap has been implemented on more than 35 blockchain chains and has become one of the largest decentralized crypto exchanges on Ethereum and Arbitrum. With the launch of Saru on ApeChain, it is expected that liquidity and adoption of DeFi in the ApeChain ecosystem will increase.

Read Also: Legitimate! Solana ETF Approved by Brazilian Regulators, Big Step for Crypto

Benefits for SushiSwap Users

In its official announcement, SushiSwap announced that it would be rewarding some of SushiSwap's earliest and most active users, as well as members of the APE community. This is part of a plan to increase community engagement and ensure that the transition to Saru is smooth.

Impact on the Future of ApeChain and SushiSwap

It is hoped that there will be many benefits from this collaboration. A great opportunity for ApeChain to expand its ecosystem and attract more users through SushiSwap's liquidity and features. Meanwhile, for SushiSwap, this is an opportunity to expand its reach and strengthen its position.

Conclusion

With the launch of DEX Saru on ApeChain, there is a very exciting development in the world of decentralized finance. The collaboration between ApeChain and SushiSwap shows the great potential of cooperation between established blockchain projects and innovative platforms. 

Saru will provide many benefits to users. Stay tuned for more updates on Saru's development and how this collaboration will shape the future of DeFi on ApeChain and SushiSwap.

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