According to a company announcement, Uniswap, a decentralized exchange, has unveiled a mobile wallet with built-in support for the exchange. The app is accessible for iOS devices in certain countries via the Apple App Store.
The Uniswap team raised concerns on March 3 about Apple’s decision to block its app from its stores. However, they recently announced that their wallet is now operational in the majority of countries, free from any restrictions imposed by Apple.
Uniswap has announced that its new wallet allows for token exchanges on various networks, including Ethereum, Polygon, Arbitrum, and Optimism. The wallet is also compatible with WalletConnect, which enables connectivity to any Ethereum-based application. In addition, users can back up their accounts by either writing down their seed phrase or encrypting their key vaults and keeping them in iCloud.
The Uniswap app also lets users view comprehensive information regarding nonfungible tokens (NFTs) stored within it, along with their floor prices and collections.
Several wallet developers have offered mobile applications with integrated decentralized finance (DeFi) functions in recent years to facilitate Web3 adoption. In 2020, Argent integrated MakerDAO and other DeFi protocols into its wallet app, and 1inch followed suit in 2021.
According to its own analytics page, Uniswap is Ethereum’s largest decentralized cryptocurrency exchange, with over $3.4 billion in total value locked within its smart contracts.