By
Temitope Olatunji
April 26th, 2024
Uniswap wallet first launched on the Apple’ App store in April.
Uniswap has responded to the high demand for its crypto wallet from Android users by rolling out a version tailored to their devices. This follows shortly after its beta launch last month.
Now, all Uniswap users, including those who use Android, may carry out cross-chain token swaps at will. But there is a little restriction.
So far, Uniswap has only integrated a few networks including Arbitrum, Polygon, Base, Optimism, and BNB Chain. However, there are plans to add more in the future.
Uniswap to Use New Wallet to Widen Its Global Reach
About the Android rollout, Callil Capuozzo, the vice president of design at Uniswap Labs, has some things to say. While he admits that there was indeed a great demand for Uniswap’s crypto wallet for Android, Capuozzo also explains that the move aligns with the company’s ambitions. He said:
“The main thing is trying to tie into this goal that we had of reaching more users and a more global audience.”
According to Capuozzo, the new wallet provides the opportunity for that ambition as it will be launching with full support for six different languages and at least, 18 different currencies.
Furthermore, the company admits that it has been fixated on finding ways to make it rely less on inaccurate machine translations. And, more importantly, it has also been seeking ways to improve user experience. To this end, Capuozzo added that Uniswap has made little changes in and around its swap flow.
For example, an MEV blocker will protect swaps by placing transactions in a private transaction pool. With that, transactions are guaranteed safety from frontrunning and sandwich attacks.
Uniswap wallet first launched on the Apple store in April. Though the exact number of times it has been downloaded cannot be ascertained, the Apple store shows that users have left more than 600 reviews for it.
Ratings and Feedback
Capuozzo, however, assures that enough testing was done on the Uniswap wallet before its official release. The vice president claims that this was to allow the company to get feedback and make necessary adjustments to bring error and crash rates on the app to the barest minimum.
According to him, the beta testing was good in providing enough information, which Uniswap eventually worked with to build a better product. He spoke specifically about Android devices, saying there are many sizes and configurations, all of which have been put into good consideration.
Uniswap remains the largest decentralized exchange by trade volume. It processes an average of $1.5 billion worth of trades daily and has a total value locked (TVL) of $3.6 billion on the protocol. Its native token UNI has a market capitalization of $3.9 billion, according to DeFiLlama data.