Uniswap, the leading decentralized exchange (DEX) on Ethereum and a centerpiece of the $42 billion decentralized finance (DeFi) sector, is releasing its third iteration.
In a Tuesday blog post, the firm behind the platform said its aim is to make Uniswap “the most flexible and efficient [automated market maker] ever designed.” AMMs – once nearly solely the domain of Uniswap – have grown in stature along with DeFi’s emergence last year. Rivals like SushiSwap, 1inch and others have also made the exchange of Ethereum-based assets easy for many crypto natives.
Uniswap v3 is expected to launch on mainnet on May 5, the firm wrote. Notably, Uniswap is eyeing an integration “soon after” with Ethereum throughput booster Optimism.
