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Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others

n70products by n70products
October 24, 2024
in Altcoin
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Uniswap Launches New Bridge Connecting DEX to Base, World Chain, Arbitrum and Others
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Decentralized alternate (DEX) Uniswap (UNI) is launching a brand new bridge that can permit customers to entry different blockchains outdoors of Ethereum (ETH).

In a brand new weblog put up, Uniswap Labs says that it’s launching the bridge in collaboration with Throughout Protocol (ACX), permitting customers to swap crypto property between 9 totally different blockchains immediately from the Uniswap Interface or Uniswap Pockets.

“In-app bridging is one in all our most requested options, and we’re excited to roll it out as a step towards our long-term imaginative and prescient of cross-chain swaps. Right this moment, over six million Uniswap customers swap on a number of chains.

At Uniswap Labs, we’re dedicated to creating certain these customers have entry to clean, seamless bridging throughout chains. Till now, transferring property between chains has been difficult. It required utilizing exterior bridges, coping with unfamiliar interfaces, and ready for lengthy transaction instances.

Plus, there’s at all times uncertainty in regards to the safety of various bridging companies.”

Initially, the bridge will likely be function throughout Base, World Chain, Arbitrum (ARB), Polygon (POL), Optimism (OP), ZKSync, Zora and Blast (BLAST). Moreover, solely stablecoins and native property similar to ETH on Ethereum may have help for bridging.

In accordance with knowledge supplied by Uniswap, since July 2022, the DEX has seen its variety of cumulative multichain addresses shoot as much as over six million.

Total_Multichain_Addresses_Cumulative
Supply: Uniswap Labs

UNI is buying and selling for $7.60 at time of writing, a 4.12% lower over the past 24 hours.

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Featured Picture: Shutterstock/ArtLight Manufacturing/Muhammed AKAN





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Tags: ArbitrumBaseBridgeChainConnectingDEXLaunchesUniswapWorld
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