Uniswap Expands to Ink, Bringing Swaps to Kraken's L2

Web App, Wallet, and API. With this integration, users can now swap and provide liquidity on the L2 designed for global finance.

With Uniswap API support, Ink builders can integrate Uniswap into any wallet, aggregator, or trading product

Uniswap is a decentralized exchange protocol built on Ethereum. To be more precise, it is an automated liquidity protocol. No order book or centralized party is required to make trades. 

Uniswap is a popular decentralized trading protocol, known for its role in facilitating automated trading of decentralized finance (DeFi) tokens.

An example of an automated market maker (AMM), Uniswap launched in November 2018, but has gained considerable popularity this year thanks to the DeFi phenomenon and associated surge in token trading.

Uniswap aims to keep token trading automated and completely open to anyone who holds tokens, while improving the efficiency of trading versus that on traditional exchanges.

Uniswap creates more efficiency by solving liquidity issues with automated solutions, avoiding the problems that plagued the first decentralized exchanges.

UNI, the native token of Uniswap, is currently trading at $6.57, up 5.1% in the last 24 hours.