The NFT rabbit hole is being explored in depth by Uniswap. To facilitate effective NFT swaps when it releases its NFT platform, the automated market maker integrates the decentralized NFT marketplace Sudoswap. Head of NFT product at Uniswap Labs, Scott Gray, broke the news. Thanks to the integration, users can utilize the on-chain liquidity provided by sudoAMM while purchasing NFTs using the Uniswap platform. On July 8, Sudoswap’s automated market maker, sudoAMM, was made available. Instead of using a traditional marketplace where buyers and sellers must be matched, automated market makers automatically enable digital asset trading using liquidity pools. Using sudoAMM, users can build pools that progressively buy or sell NFTs following price curves, give liquidity to NFT pools in exchange for fees, and directly publish their NFTs at predetermined prices. We'll be launching NFTs on Uniswap with full @sudoswap support. Pool data flowing in👇 pic.twitter.com/nsRt9Cp1Ss — Scott 🦄 (@Scott_eth) July 22, 2022 Uniswap is Doubling Down on NFTs SudoAMM alters that because it is entirely on-chain. Anyone can use Ethereum to source the same liquidity the Sudoswap marketplace uses in their applications. Uniswap is doubling down on NFTs with the incorporation of sudoAMM. It bought NFT aggregator Genie last month. The most active decentralized exchange is Uniswap, which has seen $1.09B in trade volume in the last 24 hours. In terms of fees ...
