Decentralized Exchange Uniswap Expands to Bitcoin Sidechain Rootstock
Powered by @unfolded- Uniswap version 3 (v3) has been deployed on the Bitcoin sidechain Rootstock by GFX Labs, expanding the decentralized exchange's reach beyond Ethereum.
- The deployment aims to provide Rootstock with trading tools such as analytics, limit orders, and liquidity provider position management through Oku, the team behind trading terminal Oku.
- The combination of Ethereum-based Uniswap's smart contract capabilities with the security of Bitcoin's proof-of-work network is expected to bring deeper liquidity and more DeFi use cases to the crypto industry.
- This expansion reflects a trend of elements commonly associated with Ethereum finding their way to Bitcoin, such as the Ordinals protocol and efforts to bring Ethereum-style smart contracts to Bitcoin.