Hassan Maishera
On Thursday, the Uniswap team announced in a blog post that Uniswap v2, v3, and v4 are live on Linea, a zkEVM Layer 2 built by Consensys. Linea is available today in the Uniswap Web App and Uniswap API, with Uniswap Wallet support rolling out on iOS and Android.
Linea offers lower costs and faster transactions, with built-in ETH burn mechanics and native staking yield that flows back into the Linea ecosystem. Users can now swap, provide liquidity, and explore Linea directly from Uniswap apps.
Uniswap API supports Linea, giving developers and institutions direct access to Uniswap Protocol liquidity on Linea. Anyone can generate a free API key and start building today. Developers can also build with the Uniswap API on Linea using Uniswap Skills, pre-built tools that make it easy to integrate the protocol into agents and applications.
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 $3.24, down 2.8% in the last 24 hours.
