The decentralized exchange Uniswap has announced the launch of three new tools aimed at simplifying cryptocurrency transactions.
Read more about the Uniswap Extension and some other exciting new features rolling out this week ⤵️https://t.co/jd5ilJuIx9
— Uniswap Labs ? (@Uniswap) February 27, 2024
The first solution is a wallet extension within the browser’s sidebar. The Uniswap Extension will enable users to perform swaps, sign transactions, and send and receive assets without closing windows or “getting lost in tabs.”
The second tool introduced is limit orders in the platform’s web application. These orders automatically execute a trade when the token price reaches a set level. If this does not occur within a specified time frame, the transaction does not take place.
The exchange has also added enhanced data and analytics for assets and pools, including real-time charts, project information, and other details.
Limit orders and analytics are already available to users, while the Uniswap Extension has a waiting list. To join, users must apply for a subdomain in the format uni.eth based on the ENS infrastructure.
The extension is expected to launch within four to six weeks.
“For a long time, we wanted to make Uniswap a complete home for swaps. We believe the new features are a powerful expression of this ambition. We are particularly excited to join the world of extensions. Our solution is designed to facilitate swaps in a way that is different from others,” said The Block Vice President of Design at Uniswap Labs, Kahlil Capuozo.
In February, the Uniswap Foundation published a proposal to distribute protocol fees among UNI holders. The native token responded with a rise of over 50%.