Oku, a Uniswap (CRYPTO:UNI) v3 aggregator, has launched on Etherlink, an EVM-compatible Layer 2 built on the Tezos (CRYPTO:XTZ) network.
Etherlink combines Tezos’s base-layer security with faster transactions and lower fees, offering sub-second block times and transaction costs around $0.001.
This integration allows Tezos users to access Uniswap v3 liquidity through a professional-grade, non-custodial interface, enhancing Tezos’s DeFi ecosystem.
Oku provides advanced trading features including market and limit orders, optimised order routing, and active liquidity management across Uniswap v3 pools.
Users also benefit from in-depth analytics such as live charts, historical data, and pool insights, alongside position management tools comparable to centralised exchanges.
The platform supports fiat on-ramps and cross-chain bridging, enabling seamless asset transfers to and from Etherlink while users maintain full custody of their funds.
“Our mission is to merge the user-friendly feel of a centralised exchange with the trustless benefits of DeFi. By launching on Etherlink, we can deliver high-speed, low-cost trading with sophisticated tools — all in a non-custodial environment,” stated Dan Zajac, Oku’s Business Development Lead.
Etherlink has seen rapid growth since exiting beta in February 2025, with total value locked rising from $1.4 million to over $18 million, supported by incentive programs like the $3 million Apple Farm rewards.
The March Calypso network upgrade improved smart-contract storage speeds, reduced node requirements, and enhanced network robustness, enabling faster withdrawals and better bridge functionality.
Recent integrations with LayerZero (CRYPTO:ZRO) and the Bifröst upgrade facilitate smooth asset and data transfers between Tezos, Ethereum, and other EVM-compatible chains.
Currently, over 50 projects are building on Etherlink, including DeFi platforms IguanaDEX and Superlend, and asset tokenisers like Spiko.
According to Messari, daily active addresses on Etherlink surged 45,000% year-over-year in Q3 2024, with the network accounting for 25% of Tezos’s on-chain activity by Q1 2025.
Over $2.8 million in value has been bridged from other EVM chains, positioning Oku’s Uniswap v3 integration to attract experienced DeFi traders and liquidity providers to Tezos.
At the time of reporting, the Uniswap (UNI) price was $7.77 and the Tezos (XTZ) price was $0.5654.