News

Uniswap Android App Now Available To Users With Built-in Swap Feature

Key Points:

  • Uniswap Labs has launched its Uniswap Android app, extending access to decentralized exchange features beyond iOS.
  • The Android wallet introduces an MEV blocker for enhanced security, protecting transactions from potential threats.
  • The app underwent controlled testing, ensuring a robust user experience before public availability.
Uniswap Labs, the developer behind the popular Uniswap decentralized exchange, has officially launched its Uniswap Android app, introducing a built-in Swap function to users worldwide.

This release comes after a closed beta on October 12 and aims to expand Uniswap’s reach beyond the initial iOS release in April.

The Uniswap Android app, initially accessible to 430,000 waitlisted users, marks a significant step in Uniswap Labs’ strategy to attract a broader international user base. With Android devices commanding over 70% of the global market share, this move complements the platform’s goal to tap into non-American markets.

As the largest decentralized exchange by trade volume, Uniswap currently processes over $2.11 billion in daily volume. The protocol boasts a total value locked of $3.63 billion, with its native token, UNI, holding a market cap of $3.92 billion, according to DeFiLlama.

The Uniswap wallet offers seamless token swapping across various chains, including Polygon, Arbitrum, Optimism, Base, and BNB Chain, with plans for integrating more networks in the future. Notably, transactions are safeguarded by an MEV blocker, providing swap protection by placing transactions in a private pool. This measure prevents frontrunning and sandwich attacks, enhancing security for users.

The Uniswap wallet’s journey to public availability involved testing by interested users in batches before the official release. This iterative process allowed participants to provide valuable feedback, ensuring a robust and user-friendly experience for the broader Android user base.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.

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