Crypto News

Uniswap Breaks Free From Apple’s Jail: Mobile Wallet Now Live

Uniswap, the leading decentralized exchange platform built on the Ethereum blockchain, has launched its mobile wallet on the iOS Apple store. The Uniswap mobile wallet is a self-custodial, open-sourced app for managing digital assets and trading ERC-20 tokens directly from smartphones. It enables users to track wallets, discover top tokens, and connect to hardware wallets for added security. The mobile wallet seamlessly connects to various Layer 2 (L2) scaling solutions built on top of the Ethereum network to increase the speed and scalability of transactions, with faster and cheaper transactions possible than on the Ethereum mainnet. The launch was delayed due to issues with Apple’s App Store review process, but the app now meets all technical specifications and compliance requirements. Uniswap’s trading volume has been steadily increasing, currently standing at $560 billion, making it the number one decentralized exchange. Uniswap’s native token, UNI, is trading at $6.20 and is ranked among the top 20 cryptocurrencies by market cap. The protocol’s total value locked (TVL) has increased by 7.8%, currently standing at $4 billion. Uniswap continues to be a driving force behind the explosive growth of decentralized finance (DeFi), offering users an alternative to traditional banking systems that is more transparent, accessible, and secure.

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