Uniswaps Labs and Across Protocol introduce token standard ERC-7683 for better cross-chain interoperability | Headlines | News | CoinMarketCap

05/21/2024 00:57
Uniswaps Labs and Across Protocol introduce token standard ERC-7683 for better cross-chain interoperability | Headlines | News | CoinMarketCap

Uniswaps Labs and Across Protocol have introduced a new Ethereum token standard called ERC-7683 for better cross-chain interoperability. ERC-7683 …

Uniswaps Labs and Across Protocol have introduced a new Ethereum token standard called ERC-7683 for better cross-chain interoperability.

ERC-7683 aims to create a universal filler network for all cross-chain intents to follow in their order structure, tackling relayer fragmentation, Across Protocol explained on the social media platform X. Orders adhering to identical standards enable lower costs for fillers, a broader filler network for apps to use and lower costs passed onto users. 

Uniswap will use the new token standard for cross-chain swaps on the forthcoming platform UniswapX, Uniswap Labs added on X. Introduced in July 2023, UniswapX provides trading throughout automated market makers (AMMs) and other liquidity sources.

"Intents-based interoperability is winning," Across …

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