Uniswap, the largest decentralized exchange (DEX) by trading volume, has announced its expansion beyond Ethereum to include cross-chain support for multiple blockchains.
The move is aimed at increasing liquidity and user accessibility across various ecosystems, including Binance Smart Chain (BSC), Polygon, and Avalanche.
By offering cross-chain trading, Uniswap enables users to swap tokens across different blockchains without the need for centralized exchanges.
This development is seen as a major step in enhancing interoperability within the decentralized finance (DeFi) space, allowing users to move assets seamlessly between networks. Uniswap’s cross-chain functionality is expected to attract more users and liquidity, further cementing its position as a leader in the DeFi ecosystem.