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Bitcoin News

Uniswap DEX Expands To Bitcoin Sidechain Rootstock

Uniswap version 3 (v3) has been deployed on Rootstock by GFX Labs, the team behind trading terminal Oku.

Written By Gopal Solanky
Published December 12, 2023 7:08 AM·Updated 1 year ago
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Uniswap DEX Expands To Bitcoin Sidechain Rootstock

The largest decentralized exchange (DEX), Uniswap, has expanded to the Bitcoin sidechain Rootstock while entering the DeFi landscape of the largest crypto asset ecosystem.

The deployment of Uniswap v3 on Rootstock has been carried out by a prominent blockchain development firm, GFX Labs. The firm has integrated its trading application Oku’s infrastructure for the Bitcoin-based decentralized exchange.

GFX Labs’ Oku will also supply Rootstock with advanced trading tools. These tools will feature analytics, limit orders, and efficient management options for liquidity providers.

Uniswap was originally deployed on Ethereum in November 2018, and since then it has expanded to a wide range of blockchain networks, including Optimism, Arbitrum, Polygon, Base, BNBChain, Avalanche, and Celo. Now it has added support for Bitcoin with this latest development.

Also Read: Classifying Bitcoin As Security Will Cause Trouble: BlackRock

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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