Uniswap goes live on Polygon

DEX • December 22, 2021, 3:37PM EST
UPDATED: December 22, 2021, 4:17PM EST
theblock

Decentralized exchange protocol Uniswap has gone live on Polygon, an Ethereum-focused scaling platform.

Last month, Polygon co-founder Mihailo Bjelic submitted a proposal on the Uniswap governance portal to deploy Uniswap v3 on Polygon. The Uniswap community then voted to accept the proposal last week.

More than 72 million Uniswap (UNI) token holders supported the move, and as a result, Uniswap is now live on Polygon. In other words, Uniswap users can now swap tokens using the Polygon blockchain via Uniswap's official interface.

Uniswap is the largest decentralized exchange in the market, having facilitated over $600 billion in trading volumes on its v2 and v3 platforms this year to date (over $300 billion on each platform), according to The Block Research.

Editor's Note: Article and header updated for clarity.

AUTHOR

Yogita Khatri profile picture Yogita Khatri

Yogita Khatri is a senior reporter at The Block and the author of The Funding newsletter. As our longest-serving editorial member, Yogita has been instrumental in breaking numerous stories, exclusives and scoops. With over 3,000 articles to her name, Yogita is The Block's most-published and most-read author of all time. Before joining The Block, Yogita wrote for CoinDesk and The Economic Times. You can reach her at [email protected] or follow her latest updates on X at @Yogita_Khatri5.

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