Key Takeaways:
Uniswap Labs on Thursday launched four updates across its web app, wallet and browser extension that let users create a wallet directly from the interface, track profit and loss, view tokens across multiple networks in a single portfolio and swap between chains in one action — removing some of the most common friction points in decentralized finance.
"These updates are designed to remove some of the most common points of friction in DeFi — creating a wallet, managing assets across chains, understanding portfolio performance and moving tokens between networks," Uniswap Labs said in a statement.
The in-app wallet, powered by Privy's distributed signing infrastructure, lets users create an account using FaceID, TouchID or a passkey without downloading a separate app or writing down a seed phrase at signup. Key material is distributed across a globally distributed system rather than stored in one place, and users can export their recovery phrase from settings at any time. Uniswap Labs said it cannot access users' keys or assets.
The crosschain swap feature eliminates the need to use a separate bridge. Users can swap supported tokens across networks in a single action, with Uniswap apps handling the route automatically using Across for bridging and its own routing protocol. The feature supports Ethereum, Unichain, Arbitrum One, Base, Optimism, World Chain, zkSync, Zora, Linea, Soneium and MegaETH.
Uniswap is DeFi's leading decentralized exchange, with more than $4.4 trillion in all-time swap volume processed through the protocol. Internal research found that 49.9% of new traders across Ethereum, Arbitrum and Base who swapped in 2026 year-to-date made their first-ever swap on Uniswap, and 65.3% either started on Uniswap or came to the platform within 24 hours of their first onchain transaction.
The portfolio tracking feature now shows realized and unrealized profit and loss for every token at both the wallet and per-asset level, alongside average cost data. Tokens held on multiple networks — such as ETH or USDC — are grouped into a single row with a combined balance, making it easier to understand holdings across chains without viewing each network in isolation.
Uniswap products charge zero interface fees on swaps. The updates are live across the Uniswap Web App, Wallet and Extension as of Thursday.
The improvements position Uniswap to capture a larger share of new DeFi entrants at a time when the broader crypto market is competing for retail users. By embedding wallet creation directly into the swap interface and eliminating the bridge step for crosschain trades, Uniswap lowers the technical barrier that has historically kept many potential users from moving beyond centralized exchanges.
This article is for informational purposes only and does not constitute investment advice.
