The leading decentralized exchange, Uniswap, has introduced support for the Solana network in its web application, allowing users to connect their Solana wallets and trade Solana-based tokens alongside others from different networks.
The company mentioned in a blog post that it is investigating bridging, cross-chain swaps, and complete Uniswap Wallet support for Solana.
Transactions on Solana made through the web app will be processed via the Solana DEX aggregator Jupiter. Its pseudonymous co-founder, SIONG, indicated that Uniswap is the first major collaborator to leverage the Jupiter Ultra API for swaps.
This partnership positions Uniswap ahead in the Solana DEX landscape, which has seen $140 billion in trading volume over the last 30 days. During the same timeframe, the Jupiter DEX aggregator generated $17.5 million in revenue.
A Uniswap engineer highlighted that the team had not specifically tailored the integration for Solana, but had created “architect layers” that are versatile across platforms.
Additionally, Danny Daniil, the engineering lead for trading at Uniswap, mentioned that the launch on Solana will assist Unichain, a layer-2 network introduced by Uniswap Labs in February, in becoming the optimal chain for trading.
“Bridging assets from Solana and other ecosystems (like HYPE) to Unichain allows traders to discover the best liquidity, no matter where it exists,” Daniil stated.
Related: Solana DEXs must prioritize building resilient markets
Earlier this month, 1inch co-founder Sergej Kunz predicted that centralized exchanges will no longer exist in their current form within the next decade, transforming into mere front ends for DEX and DEX aggregators.
In May, Uniswap made history as the inaugural decentralized exchange to reach an aggregate all-time volume of $3 trillion.
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