Solana will make a presence on Uniswap powered by Jupiter, a DeFi exchange.
Uniswap will work on bridges and compatibility with Uniswap Wallet.
Uniswap, the leading decentralized exchange (DEX) on the Ethereum network, announced this October 13 the integration of the Solana network into its browser application. Users can now connect their Solana wallet to Uniswap and trade between cryptocurrency pairs.
The DEX communication team considers this a milestone of interoperability between networks, which they try to solve through chain abstraction, a method which seeks to integrate many networks into a single user interface.
Ethereum and Solana are the two largest ecosystems in DeFi But they have been developed separately just to access the tokens they want. This type of fragmentation makes using DeFi more difficult than it should. It adds friction for experienced users and increases barriers for those new to the market. Adding Solana to the Uniswap web app helps solve this problem. Now you can exchange tokens between ecosystems from a single trusted place. It’s a simpler, more seamless experience, reinforcing Uniswap products as trusted access points to all DeFi on all chains, now including Solana.
Uniswap, Ethereum DEX.
Uniswap, although a native DEX of the Ethereum network, today supports more than thirteen different chains. Among them, Ethereum BNB Chain, Avalanche, World Chain, Celo and ZKSyncamong the main chains. Also L2 of the smart contract network such as Unichain, its own chain, and Base, Arbitrum, Polygon and Optimism, among others.
The decentralized exchange ensures that the solution that connects Uniswap with Solana will be in charge of Jupiter technology, who, along with Raydium, is one of the two most important DEXs on that network.
A x’s post of the development team announced that, after the inclusion of Solana, they are exploring other forms of quality of life such as bridges, other forms of cross-chain exchanges, and Uniswap Wallet support.
At the time of writing in CriptoNoticias, Solana does not appear in the list of all networks available on Uniswap. However, the full statement The exchange recommends first connecting a wallet supported by the Solana network, and only later choosing the network to access the full functionality.