Talos' professional and institutional clients will soon have access to liquidity in the DeFi ecosystem.
Talos, one of the largest providers of digital asset technology for institutions, has partnered with Uniswap Labs, the blockchain technology lab developing the largest decentralized exchange (DEX) and automated market maker (AMM) protocol in the DeFi space.
This partnership with Uniswap Labs will allow Talos to leverage Uniswap’s massive liquidity to offer its professional and institutional clients a new source of decentralized liquidity.
In the statement, which was recently shared by Talos, the company highlighted that, thanks to this alliance, it will begin to route operations through the DEX. “Uniswap Labs Trading APIs will provide Talos customers with enterprise-grade access to the deepest liquidity venue in DeFi, with thousands of assets in the Talos order book format that they are familiar with”.
Regarding this alliance, Anton Katz, CEO and co-founder of Talos, highlighted that Uniswap, being the largest DEX protocol in the DeFi ecosystem, has two elements that are crucial for institutional traders to enter the decentralized ecosystem: deep liquidity and a wide range of digital assets. “At the cornerstone of the DeFi ecosystem, Uniswap has the breadth of assets and depth of liquidity that institutional traders need”, Katz said.
The Talos CEO also highlighted that their recent partnership with the decentralized exchange will expand institutions' accessibility to digital assets and will promote the construction of a more open financial market.
The recent partnership between Talos and Uniswap Labs has been powered by Fireblocks, one of the leading digital asset infrastructure providers, which is used by some of the world’s largest companies and financial institutions, such as Bank of New York Mellon, Revolut, SwissBorg, among others.
Institutional finance will be transformed by DeFi
Decentralized finance or DeFi has been in the spotlight of institutions in recent months, as the cryptocurrency and blockchain technology industry expands and recovers from the bearish events that were present in 2022.
Talos noted that much of this interest is driven by the enormous potential of the decentralized finance ecosystem, which institutions can leverage to better execute their operations.
The company believes that its customers will have better opportunities to operate on the blockchain through products such as UniswapX, which offer better prices, MEV protection and swaps no gas fees, plus cross-chain swaps, to increase ecosystem interoperability and reduce liquidity fragmentation.
For her part, Mary-Catherine Lader, COO of Uniswap Labs, highlighted that, thanks to the collaboration between Uniswap and Talos, institutions will have access to the deep liquidity they need along with a sophisticated smart contract market structure that they have never had access to before. “We welcome Talos customers to the Uniswap ecosystem: deep liquidity, expansive assets, and secure on-chain settlement 24/7”, Lader said.
Uniswap, the largest DeFi DEX
Uniswap is currently the largest decentralized exchange by trading volume, occupying the 61,3% of all volume moving in the DeFi ecosystem.
The consulted data on the Dune Analytics platform show that Uniswap has been handling a trading volume of over $1.000 billion per day, and $8.100 billion per week.
Source: Dune Analytics
Talos called Uniswap “the most trusted name in decentralized finance”, a mention that the DEX has earned thanks to the innovation that has accompanied it in its five years of life. This decentralized protocol was created by Hayden Adams, in November 2018.
Continue reading: Uniswap V4 prepares a hook to integrate KYC into its platform
