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In a press release, Uniswap Labs said its planned mobile app is primarily a self-custodial crypto wallet, meaning users will have full ownership and control over their assets. The app will also offer the ability to “trade tokens directly with” Uniswap, where more than $1.2 billion in average 24-hour trading volume makes it by far the most trafficked decentralized finance (DeFi) exchange, per CoinGecko.

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