Uniswap simplifies cross-chain transfers across 9 networks
Uniswap Labs, the team behind the leading decentralized exchange Uniswap, has introduced a major upgrade—permissionless cross-chain bridging.
This new feature allows users to seamlessly transfer assets across nine different blockchain networks, addressing one of the biggest pain points in decentralized finance (DeFi).
Historically, users had to rely on third-party bridges to move assets between chains, which often came with complex interfaces and slow transaction times.
Now, Uniswap aims to simplify this process with a decentralized, efficient solution, enhancing the overall user experience.
The bridging service, powered by Across Protocol, supports prominent networks like Ethereum, Polygon, Arbitrum, and Base.
It operates through a decentralized network of liquidity pools and relayers, eliminating the need for centralized intermediaries and improving both security and efficiency.
This new feature not only fulfils a top user request, as seen in a July poll on X (formerly Twitter), but it also helps Uniswap maintain its competitive edge in the DeFi space by addressing declining market share.
By streamlining cross-chain transactions, Uniswap hopes to enhance operability and attract more users who frequently move assets between various blockchain ecosystems.
