Uniswap, Ethereum’s premier decentralized exchange, has introduced a range of new features, encompassing a browser extension, limit orders with predefined timeframes, and a real-time trade data platform.
Introducing the Uniswap Extension 🦄
The first wallet to live in your browser’s sidebar.
No more pop-ups. No more transaction windows.
Waitlist opens today 👇 pic.twitter.com/yNNgiju5zj
— Uniswap Labs 🦄 (@Uniswap) February 27, 2024
According to Callil Capuozzo, VP of Product Design for Uniswap, these developments mark the culmination of significant groundwork aimed at enhancing the user experience. Capuozzo emphasized the goal of meeting users “where they are” to provide a smoother token swapping process.
Uniswap, boasting $5.1 billion in total value locked and a market capitalization of $7.1 billion, maintains its position as the leading decentralized exchange and automated market maker within the DeFi sector.
The introduction of these features aligns with Uniswap’s strategy to fortify its standing as the go-to platform for users seeking altcoins. The new browser extension, designed as a sidebar, offers traders a seamless trading experience without the inconvenience of pop-ups or new tabs.
Effective immediately, traders can leverage limit orders with predefined time windows, ensuring that orders are automatically canceled if the token fails to reach the specified price within the allotted timeframe.
Additionally, Uniswap has launched an analytics platform, providing users with insights into token prices and liquidity pools. Capuozzo highlighted the human-centric approach behind these developments, underscoring Uniswap’s commitment to its core user base while seeking opportunities for broader expansion.
The Uniswap Extension, tailored for Google Chrome, is set to debut in 4-6 weeks. Meanwhile, users can secure a spot on the waitlist for early access by claiming a name on the mobile wallet app.
Amid discussions regarding the implementation of the “fee switch” proposal, the UNI token has experienced significant growth, registering a 75% increase in the past thirty days.
The availability of limit orders commences immediately, while the browser extension is scheduled for release in 4-6 weeks.
