diff --git a/cypress/support/commands.ts b/cypress/support/commands.ts
index 43ca7cd043..acd5bfc04f 100644
--- a/cypress/support/commands.ts
+++ b/cypress/support/commands.ts
@@ -53,7 +53,6 @@ Cypress.Commands.overwrite(
 
             setInitialUserState(win, {
               ...initialState,
-              hideUniswapWalletBanner: true,
               ...CONNECTED_WALLET_USER_STATE,
               ...(options?.userState ?? {}),
             })
diff --git a/cypress/utils/user-state.ts b/cypress/utils/user-state.ts
index 1389f47d4b..99e3c7212b 100644
--- a/cypress/utils/user-state.ts
+++ b/cypress/utils/user-state.ts
@@ -10,23 +10,25 @@ export const DISCONNECTED_WALLET_USER_STATE: Partial<UserState> = { selectedWall
  * Other persisted slices are not set, so they will be filled with their respective initial values
  * when the app runs.
  */
-export function setInitialUserState(win: Cypress.AUTWindow, initialUserState: any) {
+export function setInitialUserState(win: Cypress.AUTWindow, state: UserState) {
+  // Selected wallet should also be reflected in localStorage, so that eager connections work.
+  if (state.selectedWallet) {
+    win.localStorage.setItem('selected_wallet', state.selectedWallet)
+  }
+
   win.indexedDB.deleteDatabase('redux')
-
   const dbRequest = win.indexedDB.open('redux')
-
   dbRequest.onsuccess = function () {
     const db = dbRequest.result
     const transaction = db.transaction('keyvaluepairs', 'readwrite')
     const store = transaction.objectStore('keyvaluepairs')
     store.put(
       {
-        user: initialUserState,
+        user: state,
       },
       'persist:interface'
     )
   }
-
   dbRequest.onupgradeneeded = function () {
     const db = dbRequest.result
     db.createObjectStore('keyvaluepairs')
diff --git a/src/components/Web3Provider/index.test.tsx b/src/components/Web3Provider/index.test.tsx
index 8830effd07..2beab7df02 100644
--- a/src/components/Web3Provider/index.test.tsx
+++ b/src/components/Web3Provider/index.test.tsx
@@ -5,7 +5,6 @@ import { Provider as EIP1193Provider } from '@web3-react/types'
 import { sendAnalyticsEvent, user } from 'analytics'
 import { connections, getConnection } from 'connection'
 import { Connection, ConnectionType } from 'connection/types'
-import useEagerlyConnect from 'hooks/useEagerlyConnect'
 import { Provider } from 'react-redux'
 import { HashRouter } from 'react-router-dom'
 import store from 'state'
@@ -33,7 +32,6 @@ jest.mock('connection', () => {
 
   return { ConnectionType, getConnection: jest.fn(), connections: [mockConnection] }
 })
-jest.mock('hooks/useEagerlyConnect', () => jest.fn())
 
 jest.unmock('@web3-react/core')
 
@@ -59,7 +57,6 @@ describe('Web3Provider', () => {
     await act(async () => {
       await result
     })
-    expect(useEagerlyConnect).toHaveBeenCalled()
     expect(result).toBeTruthy()
   })
 
diff --git a/src/components/Web3Provider/index.tsx b/src/components/Web3Provider/index.tsx
index 87df5629a7..231522ce06 100644
--- a/src/components/Web3Provider/index.tsx
+++ b/src/components/Web3Provider/index.tsx
@@ -6,7 +6,6 @@ import { connections, getConnection } from 'connection'
 import { isSupportedChain } from 'constants/chains'
 import { RPC_PROVIDERS } from 'constants/providers'
 import { TraceJsonRpcVariant, useTraceJsonRpcFlag } from 'featureFlags/flags/traceJsonRpc'
-import useEagerlyConnect from 'hooks/useEagerlyConnect'
 import usePrevious from 'hooks/usePrevious'
 import { ReactNode, useEffect } from 'react'
 import { useLocation } from 'react-router-dom'
@@ -15,7 +14,6 @@ import { getCurrentPageFromLocation } from 'utils/urlRoutes'
 import { getWalletMeta } from 'utils/walletMeta'
 
 export default function Web3Provider({ children }: { children: ReactNode }) {
-  useEagerlyConnect()
   const connectors = connections.map<[Connector, Web3ReactHooks]>(({ hooks, connector }) => [connector, hooks])
 
   return (
diff --git a/src/connection/eagerlyConnect.ts b/src/connection/eagerlyConnect.ts
new file mode 100644
index 0000000000..f4ad87fe3a
--- /dev/null
+++ b/src/connection/eagerlyConnect.ts
@@ -0,0 +1,36 @@
+import { Connector } from '@web3-react/types'
+
+import { getConnection, gnosisSafeConnection, networkConnection } from './index'
+import { ConnectionType, selectedWalletKey, toConnectionType } from './types'
+
+async function connect(connector: Connector, type: ConnectionType) {
+  performance.mark(`web3:connect:${type}:start`)
+  try {
+    if (connector.connectEagerly) {
+      await connector.connectEagerly()
+    } else {
+      await connector.activate()
+    }
+    return true
+  } catch (error) {
+    console.debug(`web3-react eager connection error: ${error}`)
+    return false
+  } finally {
+    performance.measure(`web3:connect:${type}`, `web3:connect:${type}:start`)
+  }
+}
+
+connect(gnosisSafeConnection.connector, ConnectionType.GNOSIS_SAFE)
+connect(networkConnection.connector, ConnectionType.NETWORK)
+const selectedWallet = toConnectionType(localStorage.getItem(selectedWalletKey) ?? undefined)
+if (selectedWallet) {
+  const selectedConnection = getConnection(selectedWallet)
+  if (selectedConnection) {
+    connect(selectedConnection.connector, selectedWallet).then((connected) => {
+      if (!connected) {
+        // only clear the persisted wallet type if it failed to connect.
+        localStorage.removeItem(selectedWalletKey)
+      }
+    })
+  }
+}
diff --git a/src/connection/types.ts b/src/connection/types.ts
index 536fd6f75f..ee98a9875e 100644
--- a/src/connection/types.ts
+++ b/src/connection/types.ts
@@ -2,6 +2,8 @@ import { ChainId } from '@uniswap/sdk-core'
 import { Web3ReactHooks } from '@web3-react/core'
 import { Connector } from '@web3-react/types'
 
+export const selectedWalletKey = 'selected_wallet'
+
 export enum ConnectionType {
   UNISWAP_WALLET_V2 = 'UNISWAP_WALLET_V2',
   INJECTED = 'INJECTED',
@@ -11,6 +13,14 @@ export enum ConnectionType {
   GNOSIS_SAFE = 'GNOSIS_SAFE',
 }
 
+export function toConnectionType(value = ''): ConnectionType | undefined {
+  if (Object.keys(ConnectionType).includes(value)) {
+    return value as ConnectionType
+  } else {
+    return undefined
+  }
+}
+
 export interface Connection {
   getName(): string
   connector: Connector
diff --git a/src/hooks/useEagerlyConnect.ts b/src/hooks/useEagerlyConnect.ts
deleted file mode 100644
index 1a3e94e624..0000000000
--- a/src/hooks/useEagerlyConnect.ts
+++ /dev/null
@@ -1,47 +0,0 @@
-import { Connector } from '@web3-react/types'
-import { gnosisSafeConnection, networkConnection } from 'connection'
-import { getConnection } from 'connection'
-import { useEffect } from 'react'
-import { useAppDispatch, useAppSelector } from 'state/hooks'
-import { updateSelectedWallet } from 'state/user/reducer'
-
-import { useStateRehydrated } from './useStateRehydrated'
-
-async function connect(connector: Connector) {
-  try {
-    if (connector.connectEagerly) {
-      await connector.connectEagerly()
-    } else {
-      await connector.activate()
-    }
-  } catch (error) {
-    console.debug(`web3-react eager connection error: ${error}`)
-  }
-}
-
-export default function useEagerlyConnect() {
-  const dispatch = useAppDispatch()
-
-  const selectedWallet = useAppSelector((state) => state.user.selectedWallet)
-  const rehydrated = useStateRehydrated()
-
-  useEffect(() => {
-    try {
-      connect(gnosisSafeConnection.connector)
-      connect(networkConnection.connector)
-
-      if (!selectedWallet) return
-      const selectedConnection = getConnection(selectedWallet)
-
-      if (selectedConnection) {
-        connect(selectedConnection.connector)
-      }
-    } catch {
-      // only clear the persisted wallet type if it failed to connect.
-      if (rehydrated) {
-        dispatch(updateSelectedWallet({ wallet: undefined }))
-      }
-      return
-    }
-  }, [dispatch, rehydrated, selectedWallet])
-}
diff --git a/src/index.tsx b/src/index.tsx
index 4582f078e5..2a44b73f1f 100644
--- a/src/index.tsx
+++ b/src/index.tsx
@@ -2,6 +2,7 @@ import '@reach/dialog/styles.css'
 import 'inter-ui'
 import 'polyfills'
 import 'tracing'
+import 'connection/eagerlyConnect'
 
 import { ApolloProvider } from '@apollo/client'
 import { FeatureFlagsProvider } from 'featureFlags'
diff --git a/src/state/user/reducer.ts b/src/state/user/reducer.ts
index 7bf0507ce6..cadc68d417 100644
--- a/src/state/user/reducer.ts
+++ b/src/state/user/reducer.ts
@@ -1,11 +1,12 @@
 import { createSlice } from '@reduxjs/toolkit'
 
-import { ConnectionType } from '../../connection/types'
+import { ConnectionType, selectedWalletKey, toConnectionType } from '../../connection/types'
 import { SupportedLocale } from '../../constants/locales'
 import { DEFAULT_DEADLINE_FROM_NOW } from '../../constants/misc'
 import { RouterPreference } from '../../state/routing/types'
 import { SerializedPair, SerializedToken, SlippageTolerance } from './types'
 
+const selectedWallet = toConnectionType(localStorage.getItem(selectedWalletKey) ?? undefined)
 const currentTimestamp = () => new Date().getTime()
 
 export interface UserState {
@@ -56,7 +57,7 @@ function pairKey(token0Address: string, token1Address: string) {
 }
 
 export const initialState: UserState = {
-  selectedWallet: undefined,
+  selectedWallet,
   userLocale: null,
   userRouterPreference: RouterPreference.API,
   userHideClosedPositions: false,
@@ -75,6 +76,7 @@ const userSlice = createSlice({
   initialState,
   reducers: {
     updateSelectedWallet(state, { payload: { wallet } }) {
+      localStorage.setItem(selectedWalletKey, wallet)
       state.selectedWallet = wallet
     },
     updateUserLocale(state, action) {