Uniswap, the leading decentralized exchange (DEX) on the Ethereum network, announced on October 13th of this year that it will integrate the Solana network into its browser application. Users can now connect their Solana wallet to Uniswap and trade between cryptocurrency pairs.
The DEX communications team believes this is a milestone that will help interoperability between networks. Problems and methods attempted to be solved by string abstraction It is intended to consolidate many networks into a single user interface.
Ethereum and Solana are the two largest ecosystems in DeFi, but they are developed separately and give you access to the tokens you need. fragmentation Preventing the use of DeFi beyond what is permitted. It increases friction for experienced users and raises barriers for those just starting to enter the market.
Adding Solana to your Uniswap web app can help solve this problem. You can now exchange tokens across ecosystems from a single, trusted location. This is a simpler, more seamless experience that powers the Uniswap product as a trusted access point to all DeFi on all chains, including Solana now.
Uniswap is an Ethereum DEX.
Uniswap is the native DEX of the Ethereum network, but currently supports over 13 different chains. Among them, the most prominent one is Ethereum BNB Chain, Avalanche, World Chain, Celo, ZKSyncare the main ones. It also includes Unichain, proprietary chains, and the L2 of smart contract networks such as Base, Arbitrum, Polygon, and Optimism.
A decentralized exchange ensures a solution that connects Uniswap and Solana. Responsible for Jupiter technology. It is one of the two most important DEXs on its network, along with Raydium.
An X post from the development team announced that following the introduction of Solana, they are considering other forms of quality of life, including: Support for bridges, other forms of cross-chain exchange, and Uniswap wallets.
At the time of writing CriptoNoticias, Solana does not appear in the list of all available networks on Uniswap. However, the exchange’s full statement recommends connecting to a wallet supported by the Solana network first, and later selecting a network to access full functionality.