Uniswap, the leading decentralized exchange, has introduced support for the Solana network in its web application, allowing users to connect their Solana wallet and trade tokens from Solana alongside those from other blockchains.
In a blog post, the company mentioned its efforts in bridging, cross-chain swaps, and providing full Uniswap Wallet support for Solana.
Transactions on Solana, facilitated through the web app, will use the Jupiter DEX aggregator, whose co-founder SIONG noted that Uniswap is the first significant partner to leverage the Jupiter Ultra API for swaps.
This partnership positions Uniswap advantageously in the Solana DEX landscape, which has seen $140 billion in volume over the last month. During the same timeframe, the Jupiter DEX aggregator generated $17.5 million in revenue.
A Uniswap engineer noted that the integration wasn’t specifically built for Solana; rather, the team created “architect layers” that could work across different platforms.
Meanwhile, Danny Daniil, Uniswap’s engineering lead for trading, mentioned that Solana’s introduction will enhance Unichain, a layer-2 network launched by Uniswap Labs in February, making it the premier trading chain.
“Moving assets from Solana and other ecosystems (like HYPE) to Unichain enables traders to discover the best liquidity, no matter where it exists,” said Daniil .
Related: Solana DEXs need to prioritize building resilient markets
Earlier this month, 1inch co-founder Sergej Kunz predicted that centralized exchanges will no longer exist in their present form within the next decade, merely evolving into a front end for DEXs and DEX aggregators.
In May, Uniswap became the first decentralized exchange to reach $3 trillion in total all-time volume.
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