Uniswap, the leading decentralized exchange on Ethereum, is expanding to Binance's BNB Chain following a successful community vote to "Deploy Uniswap V3 on BNB Chain."
We're thrilled to announce that in a subsequent vote, the Uniswap community selected Wormhole as their cross-chain governance bridge.
Uniswap Governance
In February, a governance proposal by 0x Plasma Labs to deploy Uniswap V3 on BNB Chain passed with over 55 million UNI tokens voting in favor. Prior to this, the Uniswap community had already voted 62% in favor of Wormhole as the protocol's designated BNB Chain bridge in an opinion poll.
- Read the full "Cross-Chain Bridge Assessment Process" governance discussion
- Read the full "Deploy Uniswap V3 on BNB Chain" governance discussion
Choosing Wormhole for cross-chain functionality marks a significant milestone for Uniswap, its users, and the broader DeFi ecosystem. It's also a major step toward a cross-chain future where projects and communities can expand their reach through interoperability.
This article explores the details of Uniswap V3's BNB Chain deployment and how Wormhole facilitates this cross-chain connection.
Uniswap V3 Deployment on BNB Chain
Uniswap V3 is the protocol's latest version, introducing features like multiple fee tiers and concentrated liquidity.
Deploying Uniswap V3 on BNB Chain offers several advantages:
- Accelerated user growth
- Access to new geographic markets
- Improved transaction speed and cost efficiency
- Participation in Ethereum-based Uniswap DAO governance for BNB Chain users
The deployment is expected within the coming weeks.
A Major Step Toward a Multi-Chain Future
Uniswap V3's expansion to BNB Chain represents a significant win for DeFi. It sets a precedent for how projects can extend their influence across chains.
Wormhole is honored by the Uniswap community's trust and excited to provide the bridging solution for BNB Chain.
Wormhole Enables Cross-Chain Expansion
Wormhole is a cross-chain interoperability protocol that allows projects to build on its universal messaging layer to achieve cross-chain scalability. Currently supporting 20+ blockchains across six runtime systems, Wormhole is open for integration and development by anyone.
Key features of Wormhole include:
- Developer-friendly design
- Easy integration
- Enhanced security
- Multi-chain smart contract deployment
- Cross-chain data synchronization
- Seamless asset transfers
- Cross-chain communication
👉 Discover how Wormhole powers cross-chain applications
Wormhole has successfully enabled cross-chain integration for dozens of projects, including PancakeSwap, SushiSwap, and Aave. With Uniswap V3's BNB Chain deployment, Wormhole reaffirms its position as the premier bridge for decentralized finance projects expanding across multiple chains.
Exploring Wormhole Further
Wormhole has been open-source from the beginning. We invite you to explore our documentation and collaborate on cutting-edge cross-chain technology!
Wormhole Basics
Wormhole is a cross-chain interoperability protocol where projects can build applications on its universal messaging layer. It integrates with major blockchains including:
- Ethereum
- Solana
- Binance Smart Chain
- Polygon
- Avalanche
- Algorand
- Fantom
- Aptos
- Arbitrum
- And more
Wormhole achieves interoperability by sending messages between chains. These messages are observed and verified by Wormhole's Guardian network before being executed on the target chain. This simple messaging primitive enables:
- Cross-chain asset transfers (xAssets)
- Cross-chain data access (xData)
- Cross-chain decentralized applications (xDapps)
Wormhole by the Numbers
- $35B+ in total transaction volume
- Hundreds of millions of cross-chain messages successfully sent
- Millions of messages processed daily
- 60+ protocols building on Wormhole's messaging layer
👉 Join the Wormhole ecosystem today
Supported Blockchains
Wormhole enables asset transfers across 20+ supported chains without the risk of double-wrapping, seamlessly connecting DeFi and NFT ecosystems across chains.
Experience Wormhole's cross-chain convenience firsthand by visiting the Portal Bridge.
Join the Wormhole Community
Connect with us for discussions, questions, support, or the latest updates. We welcome your suggestions and feedback as we grow together.
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FAQ
Q: Why did Uniswap choose Wormhole for BNB Chain?
A: The community voted 62% in favor of Wormhole due to its security, reliability, and proven track record in cross-chain solutions.
Q: What benefits does Uniswap V3 bring to BNB Chain users?
A: Users gain access to concentrated liquidity, multiple fee tiers, and participation in Uniswap's Ethereum-based governance.
Q: How does Wormhole ensure cross-chain security?
A: Wormhole's Guardian network verifies all cross-chain messages through decentralized validation before execution.
Q: Can I build my own cross-chain application using Wormhole?
A: Yes, Wormhole's open-source protocol and developer-friendly tools enable anyone to create cross-chain applications.
Q: Which other major projects use Wormhole?
A: PancakeSwap, SushiSwap, Aave, and 60+ other protocols leverage Wormhole for cross-chain functionality.