The world's largest AMM, Uniswap, launched on Avalanche C-Chain. Uniswap follows Curve and Aave into Avalanche as another DeFi bluechip expands to Avalanche.
The launch gives Avalanche yet another DEX to complement the many pioneering Avalanche-native exchanges, such as Trader Joe, Dexalot, and DeltaPrime.
The expansion comes through Uniswap governance. Michigan Blockchain, the University of Michigan's blockchain club, suggested the deployment in February for "a robust, multi-chain future" and "Avalanche's growing ecosystem."
Uniswap’s current version, V3, is based on concentrated liquidity, which allows liquidity to be allocated over a specified price range.