Uniswap launches on Bitcoin sidechain Rootstock

The largest decentralised exchange (DEX) Uniswap has expanded its footprint into the Bitcoin ecosystem through the integration of the sidechain Rootstock. CoinDesk reports.

The GFX Labs team, behind the Oku trading terminal, deployed the third version of the DeFi protocol.

“The combination of Rootstock’s security for Bitcoin and Ethereum smart contracts, now augmented by Uniswap v3, introduces a new dimension for on-chain swaps, liquidity depth and yield opportunities,” the developers said.

Oku will supply the sidechain with trading tools, including analytics, limit orders, and will manage liquidity-provider positions.

Uniswap, originally developed for Ethereum, was deployed on BNB Chain in March. The DEX also supports layer-2 networks Arbitrum, Optimism, Polygon, Base.

Earlier in October, co-founder and CTO Casa Jameson Lopp urged developers to actively experiment with Bitcoin sidechains.