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Home Altcoin

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

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 trade (DEX) Uniswap (UNI) is launching a brand new bridge that may enable customers to entry different blockchains exterior of Ethereum (ETH).

In a brand new weblog submit, 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 straight from the Uniswap Interface or Uniswap Pockets.

“In-app bridging is certainly one of 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. At the moment, over six million Uniswap customers swap on a number of chains.

At Uniswap Labs, we’re dedicated to creating positive these customers have entry to easy, 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 occasions.

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

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

In accordance with information offered 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 last 24 hours.

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Disclaimer: Opinions expressed at The Every day Hodl usually are not funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your personal threat, and any losses you could incur are your duty. The Every day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please notice that The Every day Hodl participates in internet affiliate marketing.

Featured Picture: Shutterstock/ArtLight Manufacturing/Muhammed AKAN





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Tags: ArbitrumBasebridgeChainConnectingDEXLaunchesUniswapWorld
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