The largest DEX (decentralized exchange), Uniswap, has expanded its operations by integrating the Rootstock sidechain into its ecosystem, as reported by the CoinDesk portal. This move was initiated by the GFX Labs team, responsible for the Oku trading terminal, which deployed the third version of the DeFi protocol on the network.
Developers emphasize that combining the security of Bitcoin from the Rootstock sidechain with Ethereum smart contracts, and now Uniswap v3, introduces new opportunities for conducting swaps on the blockchain, enhances liquidity depth, and opens up new prospects for profit generation.
Now, Oku will provide the sidechain with various trading tools, including analytics, the ability to set limit orders, and management of liquidity provider positions.
It's worth noting that Uniswap, originally designed for the Ethereum network, expanded its presence back in March by deploying on the BNB Chain network. Additionally, this DEX also supports second-layer networks such as Arbitrum, Optimism, Polygon, and Base.
As a reminder, in October, co-founder and CTO of Casa, Jameson Lopp, encouraged developers to be more active in experimenting with the use of sidechains for Bitcoin.
