Decentralized exchange giant Uniswap has added support for the Solana network to its web app, enabling users to connect their Solana wallet and trade Solana-based tokens alongside those on other networks.
The company reported in a blog mail They are exploring bridging, cross-chain swaps and full Uniswap Wallet support for Solana.
Solana transactions made via the web app will be routed through the Solana DEX Jupiter aggregator, with the co-founder who goes by the pseudonym SIONG stating that Uniswap is the first major partner to use the Jupiter Ultra API for swaps.
This tie-up would give Uniswap a lead in the Solana DEX ecosystem, which has been addressed 140 billion dollars In terms of volume over the past 30 days. The Jupiter DEX pool was created $17.5 million in revenues in the same period.
Uniswap engineer He pointed out The team clearly didn’t build the integration specifically for Solana, but rather designed and built platform-agnostic “architectural layers.”
Meanwhile, Danny Daniel, Uniswap’s trading engineering lead, stated that the launch of Solana will help Unichain, A layer-2 network launched by Uniswap Labs in Februarybecome the best chain for trading.
“Connecting assets from Solana and other ecosystems (such as HYPE) to Unichain allows traders to find the best liquidity, wherever they are,” Daniel He said.
Related to: Solana DEXs should focus on building resilient markets
Earlier this month, Sergey Kunz, co-founder of 1inch, said so Centralized exchanges will cease to exist in their current state within the next decade. Kunz also stated that they will only act as a front-end for DEX and DEX aggregators.
In May, it became Uniswap The first decentralized exchange to process $3 trillion In total volume at all times.
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