Ethereum-based decentralized exchange (DEX) Uniswap said it has added support for Solana, potentially enabling the unification of the two largest decentralized finance (DeFi) ecosystems.
The move will provide easy access to Solana, Ethereum and 13 other chains in one place, Uniswap Labs said on X on Friday.
The integration of Solana into the Uniswap web application is a major step for cross-chain DeFi, addressing the problem of DeFi fragmentation between the two largest ecosystems.
The move simplifies the user experience, allowing them to connect their Solana wallets and trade Solana tokens alongside Ethereum assets from a single interface. It removes the complexity previously associated with cross-chain operations, such as using multiple bridges or switching between different wallets and applications, which posed obstacles for new and experienced traders.
For users, this means accessing the speed and low costs of the Solana ecosystem through the familiar Uniswap platform.
Uniswap is the largest Ethereum-based decentralized exchange with a 24-hour trading volume of over $3.7 billion, according to data source DeFiLlama.
