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Uniswap Launches Permissionless Chain Bridge to Connect to 9 Different Chains

Susan Sarandon
Susan SarandonOriginal
2024-10-24 03:56:09842browse

Weeks after launching the Unchain testnet, Decentralized Exchange (DEX) Uniswap has announced the launch of a permissionless chain bridge.

Uniswap Launches Permissionless Chain Bridge to Connect to 9 Different Chains

Uniswap, a decentralized exchange (DEX), has announced the launch of a permissionless chain bridge, allowing users to connect to nine different chains. This move comes as part of the exchange's broader strategy to enhance interoperability within the crypto ecosystem.

The launch of the permissionless chain bridge follows the recent rollout of Unichain, a layer-2 scaling solution from Uniswap. The exchange aims to leverage the Unichain testnet to build decentralized applications (DApps) capable of handling high transaction volumes.

According to the announcement, the new chain bridge is powered by Across Protocol and will facilitate cross-chain swaps. The integration with Across Protocol is significant as it aligns with Uniswap's vision for the future of cross-chain interactions.

As Uniswap notes, the Across Protocol operates as a permissionless bridge that utilizes a decentralized network of liquidity pools and relayers. This setup enables fast and secure bridging transactions, settling within seconds rather than minutes.

The announcement highlights Uniswap's long-standing belief in the multichain nature of the blockchain landscape. To actively contribute to this vision, the exchange has taken steps to integrate with various layer-2 protocols, including Optimism and Base.

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