Uniswap Launches Closed-Beta Version of Android Mobile App Enabling Cross-Chain Trades
Summary:
Uniswap, a decentralized cryptocurrency exchange, has launched a closed-beta version of its Android mobile app, enabling users to select and trade different cryptocurrencies across multiple chains. The app, which automatically detects and switches to the relevant network, includes built-in transfer fee detection, and protection against front-running and sandwich attacks. The announcement included a link for users to sign up for an early access email waiting list, and Uniswap plans to release the app's open-source code in the coming weeks for a security audit with Trail of Bits.
On October 12, Uniswap, the decentralized cryptocurrency exchange, rolled out a closed beta version of its Android mobile app, as revealed by the development team via a blog update. Until now, Uniswap could only be accessed on PCs and iOS handheld devices.
Uniswap Labs announced through a tweet that the Uniswap wallet was now available for Android users, with early access registration available for signup.
Accumulating the highest volume among decentralized crypto exchanges globally, Uniswap has executed trades valued over $1.7 trillion since its founding, as revealed by DeFi Llama's data. Previous to this announcement, majority of these transactions were conducted on a web application. Despite having launched an iOS mobile app on April 13, there have been reports of Apple delaying its release on the Apple App Store. Even with the approval, Android users still didn't have a dedicated app.
Unveiled on October 12, this beta Android app enables users to choose from different cryptocurrencies on different chains without switching networks. The app intuitively identifies the network of the selected cryptocurrency and switches to that network without any user input. Currently, it's functional on Polygon, Arbitrum, Optimism, Base, and BNBChain, with plans to add more chain compatibility in the future.
The wallet is designed to process Ethereum transactions using a private pool to prevent front-running and sandwich attacks, although users have the option to disable this feature. Furthermore, it recognizes most cryptocurrencies with built-in transfer charges, displaying these in the user interface.
The announcement also included a link for users to sign-up for an email waiting list. This will be utilized to distribute the app among early adopters. The open-source code for the app is also expected to be released in upcoming weeks, a part of its security audit with Trail of Bits.
Several other decentralized exchanges, including 1Inch, launched mobile wallets in 2021. 1Inch's Android version was released in October.
Published At
10/12/2023 8:30:00 PM
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