Uniswap Adds Solana Support to Web App for Token Trading
Background: Uniswap Expands to Solana Network
Uniswap has integrated support for the Solana network on its web application, enabling users to connect Solana wallets and trade Solana-based tokens. This development allows traders to access Solana assets alongside tokens from Ethereum and other networks through the popular decentralized exchange platform.
According to a blog post from the company, Uniswap is evaluating additional features, including bridging, crosschain swaps, and full support for the Uniswap Wallet on Solana. These enhancements would further facilitate seamless trading experiences across multiple blockchain ecosystems.
Integration with Jupiter and Impact on Solana Ecosystem
Solana transactions routed via Uniswap’s web app will utilize the Jupiter DEX aggregator. SIONG, Jupiter’s pseudonymous co-founder, highlighted that Uniswap is “the first major partner to implement the Jupiter Ultra API for swaps,” as reported by Cointelegraph. This strategic move positions Uniswap as a significant participant in the Solana DEX ecosystem, which handled $140 billion in trading volume over the past 30 days. Jupiter alone generated $17.5 million in revenue during that period.
Uniswap’s engineering team clarified that the integration was not designed exclusively for Solana, but is part of a broader platform-agnostic approach through new architectural layers. This enables Uniswap to expand its services across various blockchain networks efficiently.
Implications for Unichain and the DEX Landscape
Danny Daniil, Uniswap’s trading engineering lead, commented that the addition of Solana functionality could enhance Unichain—a layer-2 network launched by Uniswap Labs in February—by making it “the best chain for trading.” Daniil added, “Bridging assets from Solana and other ecosystems (like HYPE) to Unichain lets traders find the best liquidity, wherever it lives.”
This move comes as the DEX sector continues to grow. Earlier in June, 1inch co-founder Sergej Kunz stated that centralized exchanges may lose their current dominance in the coming decade, serving instead as front ends to DEXs and DEX aggregators. In May, Uniswap became the first decentralized exchange to exceed $3 trillion in cumulative all-time trading volume.
What’s Next for Uniswap and Solana Users?
As Uniswap continues to develop features such as bridging and crosschain swaps for Solana users, its integration with the Jupiter aggregator and ongoing exploration of additional wallet support position it as a key gateway for DeFi activity. This expansion is expected to further boost liquidity and trading volume across the decentralized finance ecosystem.
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Sources
Reporting via Cointelegraph
