CoinMarketCap, the crypto market data aggregator owned by Binance, has launched a new token swap feature on its website.

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This feature will initially support decentralized exchange Uniswap (UNI) and Ethereum (ETH) blockchain. This means that CoinMarketCap users can swap Ethereum-based tokens through Uniswap. Supported tokens include ETH, UNI, Tether (USDT), Dai (DAI), and Aave (AAVE).

This feature has been enabled on the website of CoinMarketCap, one of the world’s most visited portals in the finance category. According to SimilarWeb, more than 270 million people visited CoinMarketCap’s website.

CoinMarketCap noted that the token swap feature is featured on the supported cryptocurrencies page, adding that users must connect a supported wallet and sign a blockchain transaction to complete a swap.

CoinMarketCap said the following on the subject:

“With the DeFi boom and the rise of altcoins, the need for seamless ways to swap tokens to participate in different crypto products and ecosystems has increased”