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Uniswap Launches ‘One-Click Swaps’ for Streamlined Trading

Decentralized exchange Uniswap has introduced a new feature called ‘one-click swaps,’ aimed at simplifying cryptocurrency transactions. This update, announced on May 13, 2025, is now live on Uniswap’s web application and supports smart wallets compatible with Ethereum Improvement Proposal EIP-5792.

What is EIP-5792?

EIP-5792 provides a standardized interface for transactions, ensuring seamless processes whether they originate from externally owned accounts or smart accounts. This innovation allows for more consistent and efficient cryptocurrency transactions.

“Introducing one-click swaps. Now live on the Uniswap Web App for smart wallets with EIP-5792 support. Fewer clicks, less gas, faster swaps,” Uniswap Labs shared.

Enhanced Features Following Ethereum’s Pectra Upgrade

The launch of one-click swaps coincides with Ethereum’s Pectra upgrade, which expanded support for EIP-5792 to most smart wallets. This update enables users with 5792-compatible wallets to approve tokens and execute swaps in a single transaction, reducing the time and gas fees required for trades.

As part of the Pectra upgrade, approximately 7,702 smart wallets are now fully supported on Uniswap’s platform, enhancing accessibility for users of the decentralized exchange.

Uniswap’s Future Plans for Wallet Compatibility

On May 12, Uniswap Labs CEO Hayden Adams revealed plans to roll out its own 7702 wallet to further improve wallet compatibility. The platform also intends to support other 7702 wallets, ensuring that more users can benefit from one-click swaps in the future.

Adams emphasized that the ultimate goal is to make one-click swapping accessible to all users, enhancing the overall trading experience on the platform.

Uniswap’s Position as a Market Leader

Uniswap has solidified its position as a leading decentralized exchange, achieving an impressive milestone of $3 trillion in all-time trading volume. This accomplishment makes Uniswap the first DEX to reach such a figure, with CEO Hayden Adams expressing optimism that it could eventually hit $10 trillion.

Recent data from DeFiLlama shows Uniswap’s daily trading volume exceeds $3.62 billion, while its weekly aggregate volume has surged to over $20.8 billion, marking an 83% increase over the past week. In comparison, PancakeSwap’s volume has risen by 127% during the same period, surpassing Uniswap with a 24-hour trading volume of $3.63 billion.

Total Value Locked: Uniswap Leads the Industry

By total value locked (TVL), Uniswap remains the top DEX with over $4.96 billion secured on its platform. This figure significantly outpaces PancakeSwap, which currently has a TVL of approximately $1.79 billion.

Tips for Beginners Using Uniswap:

  • Start Small: Begin by trading small amounts to familiarize yourself with the platform.
  • Use Compatible Wallets: Ensure your wallet supports EIP-5792 or other relevant standards for smoother transactions.
  • Monitor Gas Fees: Trade during times of lower network congestion to save on gas costs.
  • Stay Updated: Follow Uniswap’s announcements for updates on new features and upgrades.

Uniswap’s ongoing innovations, such as one-click swaps, demonstrate its commitment to improving user experience and maintaining its dominance in the decentralized exchange space. With continued advancements, the platform is poised to attract more users and further solidify its position as a leader in the cryptocurrency market.

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