Decentralised exchange Uniswap has unveiled UniswapX, an open source auction protocol for trading between AMMs and various liquidity pools.

The protocol is designed to protect users from MEV attacks as well as provide them with the best prices for swaps.

At the moment, a beta version of UniswapX has been presented and has been launched in the Uniswap Labs interface. Right now only Ethereum support is available, but the developers plan to launch cross-chain exchanges in the future.