Decentralized trade Uniswap has launched in-app, permissionless cross-chain bridging for its customers, with service obtainable throughout 9 blockchain networks.
On Oct. 23, the Uniswap (UNI) crew introduced that its permissionless cross-chain bridge was now reside, bringing the DEX protocol nearer to enabling cross-chain swaps. The cross-chain intents protocol, Throughout Protocol, powers this in-app Uniswap bridging function, in response to the announcement.
Solely native belongings
With the launch, Uniswap customers can now undertake cross-chain transactions throughout 9 networks. These embrace Ethereum (ETH), Arbitrum (ARB) Polygon (POL) and ZKSync (ZK). Different networks with preliminary assist are Base, Zora, Blast, OP Mainnet and World Chain.
The function solely helps native belongings, corresponding to ETH on the Ethereum community or ARB on the Arbitrum community. Bridging will even be obtainable for stablecoins. When it comes to performance, customers will carry out cross-chain transactions immediately through their Uniswap interface and Uniswap Pockets.
In keeping with knowledge from Dune, multi-chain entry at the moment has a cumulative rely of over six million Uniswap customers. Nonetheless, cross-chain bridge swaps stay low. The Uniswap Labs crew goals to considerably improve this quantity.
Uniswap just lately unveiled UniChain, a brand new layer-2 chain concentrating on DeFi and cross-chain liquidity. Introduced on Oct. 10, UniChain goals to assist the crypto market deal with DeFi’s challenges. Key to this imaginative and prescient are decentralization, near-instant transactions, and multi-chain swapping.