Uniswap Labs launches UniswapX protocol beta version

2023-07-17 23:07:51

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ChainCatcher news, Uniswap Labs announced the launch of the UniswapX protocol beta, a new permissionless, open-source (GPL), Dutch auction-based protocol for trading across AMMs and other liquidity sources.

Users can use it on the Ethereum mainnet, and the protocol will expand to other blockchains and the Uniswap wallet. UniswapX offers better prices by aggregating liquidity sources, enabling gasless swaps, no fees on transaction failures, and protection against "maximum extractable value" (MEV). In the coming months, UniswapX will expand to gasless cross-chain swaps.

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