Uniswap объединяет силы с Solana для упрощения доступа к DeFi Translation: Uniswap joins forces with Solana to simplify access to DeFi

The prominent non-custodial exchange Uniswap has introduced support for the Solana network in its web application.

«Ethereum and Solana are the two largest DeFi ecosystems. However, their development has occurred separately, requiring users to manage different wallets, learn new interfaces, and switch between applications. Now, users can access Solana, Ethereum, and over 13 other networks within a single interface,» the developers highlighted.

To utilize Solana, the «people’s cryptocurrency,» on Uniswap, users need to visit the application’s website, connect a compatible wallet such as Phantom, and select the desired blockchain.

The team emphasized that this is just the first phase of Solana support on the popular DEX. In the future, the developers plan to implement cross-chain transfers and swaps, as well as the Uniswap Wallet.

In terms of total value locked (TVL), the Solana ecosystem ranks second only to Ethereum, but with a significant gap—$11 billion compared to $84.8 billion.

The decentralized exchange Uniswap significantly outpaces its competing protocols:

Notably, it leads by a considerable margin over its main competitor, PancakeSwap. In terms of commission revenue over the past month, the leading DEX reports $213 million compared to $63 million.

It’s worth mentioning that in September, Uniswap’s developers unveiled The Compact v1 tool, aimed at addressing the issue of cross-chain fragmentation.