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Writer's pictureKyle

ANOTHER DAY, ANOTHER DEX: Sushi Labs Is Going To Launch A Dex On ApeChain! Here's What You Need To Know:

Another Day, Another Dex!


The ApeChain ecosystem is coming together as Saru, a decentralized exchange backed by SushiSwap creators Sushi Labs, announced that it’ll be cooking up swaps and DeFi on ApeChain later this year!




Things were anything but boring around the $Ape ecosystem on Tuesday after Sushi Labs announced thst it will launch a new $Ape native DEX called Saru on ApeChain.


“Gm,” the Saru team tweeted along with a pixelated monkey!





“Excited for @saru_ex,  @apecoin's native DEX by @sushi_labs,” Sushi Labs’ Jared Grey tweeted after the announcement.


Saru exchange is part of Sushi Labs’ new ‘Multi-Token Product Suite’ that will see Sushi-backed DEXs popping up all over the Web3 world!




“In partnership with ApeChain, Saru will target high-growth markets, attracting a broader user base,” Sushi Labs tweeted yesterday in an eight-part thread.




 

Saru is the second decentralized exchange to announce its arrival on ApeChain.


As the Bored Ape Gazette previously reported, the Arbitrum ecosystem's decentralized exchange, Camelot, announced that it will be coming to ApeChain last month.

 

“Camelot will deploy on @apecoin's upcoming chain, Apechain,” the DEX tweeted on July 25th. “ApeChain is a dedicated infrastructure layer to power the ApeCoin ecosystem. Camelot will provide the APE ecosystem with battle-tested liquidity infrastructure & serve as the native DEX.”




The Bored Ape Gazette will continue to follow Saru and will let you know when you can start cooking up some swaps! Stay tuned for updates!

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