In a press launch, Uniswap Labs mentioned its deliberate cell app is primarily a self-custodial crypto pockets, which means customers may have full possession and management over their belongings. The app may even supply the power to “commerce tokens immediately with” Uniswap, the place greater than $1.2 billion in common 24 hour buying and selling quantity makes it by far probably the most trafficked DeFi alternate, per CoinGecko.