Ethereum-based decentralized exchange (DEX) Uniswap said it has added support for Solana, which could enable 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 app is a major milestone for cross-chain DeFi as it addresses the issue of DeFi fragmentation between the two largest ecosystems.
The move simplifies the user experience, allowing them to connect their Solana wallets and exchange Solana tokens along with Ethereum assets from a single interface. It eliminates the complexity previously associated with cross-chain trading, such as using multiple bridges or switching between different wallets and applications, which acted as barriers for both novice and experienced traders.
For users, this means access to the speed and low costs of the Solana ecosystem through the popular 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.
