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Uniswap Labs Expands On-Ramp Options With BinancePay

NBTCBy NBTC13/12/2024No Comments2 Mins Read

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Uniswap Labs shared a major update to enhance user accessibility to its Ethereum-based decentralized protocol. The integration of BinancePay, Topper, and AlchemyPay into Uniswap’s Web and Wallet services is set to simplify the process of moving funds on-chain, providing users with more options and freedom.

More ways to onramp. More freedom for users.

Excited to announce that BinancePay, Topper, and AlchemyPay are now available across Uniswap Web and Wallet

Making it even easier to go onchain 🦄 pic.twitter.com/GVYbZVZFiM

— Uniswap Labs 🦄 (@Uniswap) December 11, 2024

This announcement marks another step in the protocol’s mission to lower the barrier to decentralized finance (DeFi) adoption.

With the inclusion of these widely used payment solutions, users can now convert fiat currencies more efficiently, making it easier to participate in on-chain activities such as trading, staking, and liquidity provision.

“More ways to onramp. More freedom for users,” the Labs stated.

Raydium Outperforms Uniswap

As per the resources, Raydium (RAY) on Solana has surpassed Uniswap’s monthly DEX volume for two consecutive months. In October, Raydium claimed the top spot as the leading DEX by volume across all blockchain networks for the first time.

The trend continued into November, with Radiyum outperforming Uniswap by approximately 30% in monthly volume, recording $124.6 billion compared to Uniswap’s $90.5 billion.


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