Uniswap now online at BNB Chain

The decentralized cryptocurrency exchange platform Uniswap has been deployed on the blockchain from the giant Binance.

Wednesday, Uniswap announced that the V3 of its platform was now online on NBB Chain.

Like Polygon and Arbitrum, BNB generally offers faster and cheaper transactions than the Ethereum mainnet – making Uniswap accessible to a wider audience,” DEX tweeted.

Earlier this year, the proposal to deploy Uniswap on the blockchain network launched by Binance had passed an initial “temperature check.” The governance vote had subsequently been subject to tension. a16zone of UNI’s largest holders, did not want the Whormole bridge. Nevertheless, the proposal was eventually approved by a majority.

Last year, Uniswap Labs raised $165 million in a Series B round. The round boosted the startup’s valuation to $1.6 billion.

According to Defillamathe TVL – total locked-in value – of the DeFi protocol today is about $3.6 billion.

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