KEY TAKEAWAYS
- Uniswap partners with Fireblocks to offer financial firms direct access to its deep liquidity and competitive pricing.
- The collaboration aims to meet the growing demand for DeFi solutions among financial institutions.
- Fireblocks’ clients can now engage with DeFi markets through the Uniswap Trading API, simplifying trading complexities.
- The partnership expands asset access across 12 blockchain networks, enhancing portfolio diversification.
Uniswap has announced a new collaboration with Fireblocks, a digital asset operations and payments platform trusted by over 2,000 clients globally. This partnership aims to provide asset managers, hedge funds, and other financial firms with direct access to Uniswap Protocol’s deep liquidity and competitive pricing through the Fireblocks platform.
Michael Shaulov, CEO of Fireblocks, highlighted the growing demand for decentralized finance (DeFi) solutions among financial institutions. He stated, “We see increasing appetite for DeFi solutions among financial institutions, and we’re excited to see more of our clients diversify their digital assets portfolio with Uniswap’s Trading API.”
Direct Access to DeFi Capabilities
The Uniswap Trading API, developed by the team behind the Uniswap Protocol, offers Fireblocks’ clients a streamlined way to engage with DeFi markets. The Uniswap Protocol has processed $2.5 trillion in all-time volume and over 465 million swaps without any security breaches. This collaboration allows Fireblocks’ clients to access the protocol directly from the Fireblocks platform.
Key features of this integration include competitive pricing and deep liquidity, with access to both onchain and offchain liquidity. This offers an average price improvement of 4.6 basis points compared to leading aggregators. Additionally, the Uniswap Trading API simplifies DeFi trading by managing onchain trading complexities such as gas estimates, slippage calculations, routing options, and USD conversions.
Expansive Asset Selection Across Multiple Chains
The partnership also provides access to a vast selection of assets across 12 blockchain networks, including Arbitrum, Avalanche, Base, Blast, BNB Chain, Celo, Ethereum, Optimism, Polygon, Unichain, World Chain, Zora Network, and ZKsync. This extensive range allows financial institutions to diversify their digital asset portfolios effectively.
For more information on the Uniswap Trading API and its potential benefits for businesses, visit the official announcement.
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