Uniswap has launched version 5 of its decentralized exchange protocol, enabling seamless token swaps across 20 different blockchains in a single transaction, eliminating the need for bridges and their associated security risks.

How It Works

UniswapX V5 uses intent-based routing where professional market makers compete to fill cross-chain orders at the best possible price. Users never touch bridges directly, removing the primary attack vector in DeFi.

Volume Impact

Cross-chain volume on Uniswap tripled in the first week, with $15 billion in weekly volume making it the largest decentralized exchange across any metric.