Decentralised Crypto exchange Uniswap collaborated with Polygon network (Matic) to provide better services to the users.
Uniswap is a popular Decentralised finance (Defi) concept based Crypto exchange, known to provide trading of ERC-20 tokens in a fully decentralised environment. Initially, Uniswap was started as the only Ethereum network-supported protocol but later the team integrated Ethereum layer-2 scaling networks like Optimism, Arbitrum, etc.
Recently, Uniswap integrated Polygon network support into its platform and it will help Uniswap users as well as the Polygon community.
Uniswap users will easily get a better ability to trade on the Polygon network with better & efficient trade fees. The Uniswap exchange team also sees this collaboration as an expansion of the Uniswap environment.
On the other hand, it will give a significant advantage to the Polygon network in terms of Total Value Locked (TVL). As we know that Uniswap is a popular Defi exchange, so basically huge numbers of crypto traders will show their fund activities on the Polygon network. In short, the Polygon network will grab a better dominance in the crypto market over other Crypto networks, and further it will boost the confidence of the Matic, a native token of the Polygon network, holders.
Matic price action
The current price of the Matic coin is $0.849 and this price is 8.5% high over the last 7 days of trade price.
Uni is a native token on the Uniswap exchange and the current price of Uni is $5.71 and this price is 6.95% up over the last 7 days of trade price.
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