Uniswap Expands Its Platform with Solana Integration for Trading
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Uniswap Expands Its Platform with Solana Integration for Trading

Uniswap has incorporated support for the Solana blockchain, providing users access to an extensive range of tokens.

Decentralized exchange Uniswap has joined forces with Jupiter’s Ultra API, allowing users access to a vast selection of over a million Solana tokens through its web app.

This new integration enables users to connect their Solana wallets and swap Solana-based tokens alongside other cryptocurrencies. According to a recent blog post, the company is considering future enhancements such as bridging, cross-chain swaps, and comprehensive Uniswap Wallet support for Solana.

Within the app, transactions involving Solana will leverage the Solana DEX aggregator Jupiter, with its co-founder SIONG highlighting that Uniswap’s collaboration marks it as the first significant partner to utilize the Jupiter Ultra API for such exchanges.

This partnership positions Uniswap advantageously within the Solana DEX market, which has seen substantial activity, processing $140 billion over the past month. The Jupiter DEX aggregator itself earned around $17.5 million in revenue during the same timeframe.

A Uniswap engineer noted that the integration was not specifically built for the Solana network but instead involved creating platform-agnostic architectural layers.

Additionally, Danny Daniil indicated that the inception of Solana on the platform will facilitate Unichain, a recently launched layer-2 network by Uniswap Labs, in becoming the prime chain for trading. Daniil remarked, “Bridging assets from Solana and other ecosystems (like HYPE) to Unichain lets traders find the best liquidity, wherever it resides.”

In related developments, 1inch co-founder Sergej Kunz predicted that centralized exchanges may transform into mere front-ends for DEX and DEX aggregators within a decade. Earlier this year, Uniswap made headlines by becoming the first decentralized exchange to surpass $3 trillion in total transaction volume.

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