Categories: FintTechMenafn

Uniswap Labs Launches UniswapX Protocol For Trading Across AMMs

  • DeFi exchange Uniswap has launched a new open-source blockchain protocol called UniswapX.
  • UniswapX will enable trading across automated market makers and other liquidity sources.
  • The new protocol is expected to provide users with more liquidity, better prices, MEV protection, and gas-free swapping.
  • The decentralized exchange’s governance token UNI surged by over 3% following the latest development.

Uniswap Labs, the decentralized finance startup behind the world’s largest decentralized crypto exchange, has launched a permissionless, open-source, and auction-based protocol called UniswapX. The new blockchain protocol will allow trading across automated market makers and other liquidity sources. 

Uniswap CEO Hayden Adams Unveils UniswapX at EthCC Paris

According to a blog post by Uniswap, Chief Executive Hayden Adams unveiled the new blockchain protocol earlier today at the Ethereum Community Conference (EthCC) in Paris. The DeFi exchange rolled out an opt-in beta for the protocol on the Uniswap Labs interface. Given that the protocol is still in beta, the majority of the orders will go through classic routing. UniswapX is currently available for Ethereum Mainnet and will be expanded to other chains as well as the Uniswap Wallet later. 

Uniswap Labs stated that UniswapX will offer “next-level aggregation” by outsourcing the complexity of routing to an open network of fillers who compete to fill swaps in a cost-effective manner. The competitive filler forms will benefit the protocol’s users by offering maximum extractable value (MEV) protection, better prices, gas-free swapping, and zero cost for failed transactions. 

With UniswapX, swappers will be able to use the Uniswap interface without worrying whether they’re getting the best price, and transactions will always be transparently recorded and settled on-chain.”

The DeFi protocol stated that it would launch a cross-chain UniswapX that would combine swapping and bridging under one roof. This would include native asset swaps that would reduce the need for bridged tokens. Uniswap’s governance token UNI surged by more than 3% following the announcement of the new blockchain protocol. At the time of writing, the token was trading at $5.97. 

Ryan Helton

A Stock enthusiast since childhood, Ryan is known for his impeccable knowledge in the technology and gadgets niche. He has been working with eTrendy Stock as a contributor for most stock category and his articles are always well-researched and accurate.

Recent Posts

Atelier Home Sets a New Standard for Luxury Home Decor

Berlin, Germany, 2nd July 2025, In the heart of Europe’s design capital, a new name…

3 days ago

WEMADE and Redlab Games Unleash Blockbuster Web3 MMORPG – ROM: Golden Age – Global Pre-Registration Now Open for August 2025 Launch!

Singapore, 2nd July 2025, ZEX PR WIRE, WEMADE and Redlab Games are thrilled to announce…

3 days ago

Angry Pepe Fork Unveils Deflationary Roadmap as PI Network Crosses 60M Users

New York, USA, 1st July 2025, ZEX PR WIRE, While PI Network officially passes 60…

4 days ago

Tradeview Secures Prestigious SCA Category 5 License, Unlocking New Growth Opportunities in the UAE

Dubai, UAE, 1st July 2025, ZEX PR WIRE, In a bold step forward for its…

4 days ago

NodeOps Network $NODE Token Generation Event Sells Out in Minutes via Binance Wallet, Debuts Across Top Global Exchanges

Dubai, UAE, 30th June 2025, ZEX PR WIRE, NodeOps Network is thrilled to announce the…

5 days ago

LF Labs (LF Coin) Breakout Steals Spotlight as Shiba Inu Price Targets $0.000017 Return

Dubai, UAE, 30th June 2025, ZEX PR WIRE, LF Labs (LF Coin) gained momentum today…

5 days ago