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Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices. Uniswap Labs explained on Tuesday that the expansion aims to make dex processes more efficient, secure, and insightful for decentralized finance (defi) participants.
Defi’s Top Dex Platform by Volume Adds Feature Enhancements
The Uniswap extension, a new feature integrated into the platform’s wallet services, offers users the convenience of handling transactions directly from the sidebar of their browser. This functionality allows for seamless swapping, signing of transactions, and crypto asset management without disrupting web browsing activities or navigation.
“The Uniswap extension is the first wallet extension to live in your browser’s sidebar, persisting no matter where you are on the web,” Uniswap Labs announced on Tuesday.
Moreover, the platform has rolled out limit orders within the Uniswap web application. According to Uniswap, this feature enables users to specify exact prices for token purchases or sales, facilitating the automatic execution of trades when market prices align with those set by the user. “This feature provides users with the ability to execute trades automatically at their desired price, without needing to constantly watch the market,” highlighted in the defi project’s blog post.
In addition, Uniswap Labs has enhanced its platform with in-depth token and pool pages, incorporating live charts, transaction histories, and pool data directly into the interface. The team is confident that this addition will offer users detailed insights into token and pool metrics, supporting more informed trading strategies.
Following the latest updates from Uniswap Labs, Uniswap’s governance token UNI has witnessed a 48.7% increase over the previous week. Over the last month, UNI has risen by 83.1% against the U.S. dollar. On the other hand, while other crypto assets are nearing their peak values, UNI remains over 75% below its May 3, 2021, high of $44.92 per unit. Currently, UNI is trading at $10.96, with the day’s trading range fluctuating between $10.45 and $11.17.
What do you think about Uniswap’s extension and new tools? Share your thoughts and opinions about this subject in the comments section below.