Uniswap Labs, the entity behind the leading decentralized exchange Uniswap, has announced the integration of a cross-chain swap bridge developed by Across. This integration will enable users of the Uniswap Wallet and Uniswap Web App to seamlessly swap ether (ETH), Wrapped Bitcoin (WBTC), and stablecoins such as Tether (USDT), USD Coin (USDC), and Dai (DAI) across nine Ethereum Virtual Machine (EVM)-compatible chains, including Optimism, Arbitrum, Polygon, and Base.
Powered by Across' intent-based bridging solution, this new feature simplifies cross-chain transactions by allowing users to specify their desired action in a single transaction request. This approach mitigates the complexities and risks associated with cross-chain transactions, enhancing user experience.
The integration is underpinned by the ERC-7683 token standard, introduced to improve cross-chain interoperability. This standard unifies cross-chain intents and enables a universal filler network to process transactions, allowing developers to focus on one chain while accessing the entire EVM ecosystem.
Uniswap's CEO, Hayden Adams, emphasized that this collaboration aims to set new standards and create an ideal user experience for cross-chain swaps. Across' co-founder and CEO, Hart Lambur, highlighted that intents-powered solutions offer a near-instant experience between layer-2 networks, envisioning a future of seamless, one-click cross-chain transactions.
This development is part of Uniswap's broader strategy, which includes the recent unveiling of its layer-2 network, Unichain. Across will serve as the bridge for Unichain when its mainnet goes live, further solidifying Uniswap's commitment to enhancing cross-chain interoperability.
The integration of Across' bridging solution marks a significant step towards a more unified and efficient DeFi ecosystem, reflecting a positive outlook for the market's future.