Uniswap, the leading decentralized exchange (DEX), has announced the launch of UniswapX, a permissionless and open-source protocol for trading across automated market makers (AMMs) and other liquidity sources. According to the announcement, UniswapX aims to improve self-custody swapping and grow on-chain trading by offering better prices through the aggregation of liquidity sources, gas-free swapping, protection against maximal extractable value (MEV), and no cost for failed transactions. Uniswap Latest Protocol Launch UniswapX addresses the growing complexity of on-chain routing and the fragmentation of liquidity pools resulting from the increasing number of customized pool designs. The protocol outsources routing complexity to a network of third-party fillers who compete to fill swaps using on-chain liquidity like AMM pools or their private inventory. This allows swappers to use the Uniswap interface without worrying about getting the best price and ensures that transactions are always transparently recorded and settled on-chain. Related Reading: zkSync Unveils Boojum Upgrade: The Ultimate Solution For Scalability And Security? Per the announcement, gas-free swapping is a key feature of UniswapX. Swappers sign a unique off-chain order, whic ..
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