New permissionless bridging enhances DeFi experience across nine networks, enabling seamless asset swaps without external bridges.
Uniswap’s New Cross-Chain Bridging Feature
Uniswap Labs has introduced a groundbreaking feature that allows users to perform cross-chain asset swaps seamlessly. This new permissionless bridging capability is now live across nine different networks, significantly enhancing the user experience in the decentralized finance (DeFi) space.
Supported Networks and Assets
The bridging feature is initially available on networks such as Ethereum, Base, Arbitrum, Polygon, OP Mainnet, Zora, Blast, World Chain, and ZKsync. Users can swap popular assets like Ether, Wrapped Bitcoin, and various stablecoins across these EVM-compatible chains without the need for external bridges.
How It Works
Uniswap’s cross-chain bridging is powered by Across Protocol, which utilizes a decentralized network of liquidity pools and relayers. This system ensures that transactions are fast, secure, and efficient, providing a smooth experience for users looking to manage assets across different blockchain networks.
Benefits of Permissionless Bridging
This new feature addresses the growing demand for seamless cross-chain swaps, allowing users to move assets easily and quickly. By simplifying the process of asset management across chains, Uniswap aims to improve transaction speed and ease, aligning with its vision for a multi-chain world.
The ability to perform cross-chain swaps without relying on external bridges reduces complexity and enhances security. As the DeFi landscape continues to evolve, features like Uniswap’s permissionless bridging are crucial in supporting a more interconnected and user-friendly ecosystem.
