Uniswap Launches on Bitcoin Sidechain Rootstock

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Popular decentralized exchange Uniswap has taken a step towards the Bitcoin ecosystem by integrating with the Rootstock sidechain.

According to CoinDesk, the team at GFX Labs, who created the Oku trading terminal, has launched the third version of their DeFi protocol on the network.

Developers have stated that the combination of Bitcoin’s security and Ethereum’s smart contracts, now enhanced with Uniswap v3, brings a new dynamic to on-chain swaps, liquidity depth, and yield opportunities.

Through Oku, the sidechain will have access to trading tools such as analytics, limit orders, and position management for liquidity providers. Uniswap, which was initially developed for Ethereum, was also deployed on the BNB Chain in March.

Additionally, the DEX supports other second-tier networks such as Arbitrum, Optimism, Polygon, and Base.