Blast is Now Live on Uniswap

Twitter icon  •  Published 1 week ago  •  Hassan Maishera

The Uniswap team announced via X on Tuesday that their users can now swap and provide liquidity on Blast with the Uniswap interface.

The Uniswap team announced via X on Tuesday that their users can now swap and provide liquidity on Blast with the Uniswap interface. This launch marks the first time Uniswap users can earn native yield on LP positions, due to Blast’s rebasing functionality.

Blast is an L2 that provides native yield for ETH and the USDB stablecoin and it provides swappers and LPs with lower gas costs and faster swaps (compared to Ethereum mainnet). Blast support will soon be live on the Uniswap mobile app for swapping on-the-go, Uniswap added.

Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. There is no order book or any centralized party required to make trades. UNI, the native token of Uniswap, is currently trading at $10.860, down by 7% in the last 24 hours.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.