{"id":12610,"date":"2025-02-12T07:02:12","date_gmt":"2025-02-12T07:02:12","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12610"},"modified":"2025-02-12T07:02:12","modified_gmt":"2025-02-12T07:02:12","slug":"uniswap-launches-ethereum-layer-2-unichain-to-public","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12610","title":{"rendered":"Uniswap Launches Ethereum Layer-2 Unichain to Public\u00a0"},"content":{"rendered":"<div>\n<p>On Feb. 11, Uniswap announced the launch of Unichain, its Ethereum layer-2 solution, marking its first foray into the crowded L2 ecosystem.<\/p>\n<blockquote>\n<p>\u201cYou can swap, bridge, and provide liquidity on Unichain directly from the Uniswap web app and in the latest version of the wallet,\u201d the platform explained.<\/p>\n<\/blockquote>\n<p>Unichain boasts a number of performance improvements including one-second block times with a target of 250 milliseconds.\u00a0It also stated that users and developers have processed over 88 million test transactions and 12 million test smart contracts on Unichain\u2019s testnet, which was <a href=\"https:\/\/cryptopotato.com\/uniswap-price-pumps-after-unichain-announcement-could-crypto-all-stars-be-next-to-rally\/\" data-wpel-link=\"internal\">deployed in October<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">The pink chain has arrived<\/p>\n<p>You can swap, bridge, and provide liquidity on <a href=\"https:\/\/twitter.com\/unichain?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">@Unichain<\/a> directly from the Uniswap web app and in the latest version of the wallet<\/p>\n<p>Just look for the <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2728.png\" alt=\"\u2728\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> <a href=\"https:\/\/t.co\/3G4F3kQSr4\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/3G4F3kQSr4<\/a><\/p>\n<p>\u2014 Uniswap Labs (@Uniswap) <a href=\"https:\/\/twitter.com\/Uniswap\/status\/1889316193674170560?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Uniswap Enters Crowded Market<\/h2>\n<p>\u201cUnichain is built differently,\u201d said Hayden Adams, Founder and CEO of Uniswap Labs. \u201cWe\u2019re here to make DeFi faster, cheaper, and more decentralized, which is why we launched Unichain to be permissionless from day one,\u201d he <a href=\"https:\/\/www.businesswire.com\/news\/home\/20250210091545\/en\/Uniswap-Labs-Debuts-Highly-Anticipated-Unichain-To-The-Public\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\">added<\/a>.<\/p>\n<p>The new layer-2 platform offers several core functionalities, including swapping and liquidity provision, token launching capabilities, lending and borrowing services, and cross-chain trading through the ERC-7683 standard.<\/p>\n<p>The platform, built on the Optimism Superchain, also has no interface fees for swaps during the initial months, provides native USDC integration through Circle, has permissionless fault proofs allowing anyone to challenge transactions, and boasts 95% cheaper gas fees compared to Ethereum.<\/p>\n<p>Unichain has emphasized decentralization from launch, with plans to introduce a Validation Network later this year to allow public block verification.<\/p>\n<blockquote>\n<p>\u201cAs the first L2 to launch as a Stage 1 rollup, this means that Unichain is committed to decentralization on day one.\u201d<\/p>\n<\/blockquote>\n<p>The platform aims to solve traditional blockchain issues like high gas fees, slow transactions, and complicated cross-chain operations while maintaining Ethereum\u2019s core principles of being open, permissionless, and decentralized.<\/p>\n<p>However, it has entered a very crowded <a href=\"https:\/\/cryptopotato.com\/uniswaps-l2-activity-hits-historic-high-of-38-billion-in-november\/\" data-wpel-link=\"internal\">layer-2 space<\/a> dominated by a handful of players. According to L2beat, the L2 ecosystem currently has a total value locked of around $42.3 billion.<\/p>\n<p>Arbitrum One has the largest market share of rollup-based TVL with $13.7 billion equating to 38% while Base is the second largest L2 with $11.4 billion giving it a 32% share. OP Mainnet is third with a 14% share and $5 billion TVL.<\/p>\n<p>L2beat lists around 60 rollup-based layer-2 networks, which Unichain will compete with, but it is backed by the world\u2019s\u00a0<a href=\"https:\/\/cryptopotato.com\/cls-global-admits-to-wash-trading-on-uniswap-following-fbi-probe\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\">largest DEX,<\/a> which will go a long way.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Unichain mainnet is live <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/14.0.0\/72x72\/2728.png\" alt=\"\u2728\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"><\/p>\n<p>\u2738 Fast with low fees<br \/>\n\u2738 Built for cross-chain liquidity<br \/>\n\u2738 Prioritizes decentralization from day one<\/p>\n<p>You can now deploy DeFi apps, launch tokens, swap, provide liquidity, and more <a href=\"https:\/\/t.co\/MqJQwum4Bf\" data-wpel-link=\"external\" target=\"_blank\">pic.twitter.com\/MqJQwum4Bf<\/a><\/p>\n<p>\u2014 Unichain (@unichain) <a href=\"https:\/\/twitter.com\/unichain\/status\/1889313993296064770?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 11, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>UNI Price Update<\/h2>\n<p>There was no reaction from Uniswap\u2019s native token, which fell 6% from an intraday high of $10 to $9.40 at the time of writing.<\/p>\n<p>The altcoin has been hammered over the past month, dumping 30%, which is in line with a broader market decline for DeFi-related assets.\u00a0UNI remains down almost 80% from its May 2021 all-time high of just under $45.<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/uniswap-launches-ethereum-layer-2-unichain-to-public\/\" rel=\"nofollow\">Uniswap Launches Ethereum Layer-2 Unichain to Public\u00a0<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>On Feb. 11, Uniswap announced the launch of Unichain, its Ethereum layer-2 solution, marking its first foray into the crowded L2 ecosystem. \u201cYou can swap, bridge, and provide liquidity on Unichain directly from the Uniswap web app and in the latest version of the wallet,\u201d the platform explained. Unichain boasts a number of performance improvements [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-12610","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12610","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=12610"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12610\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12610"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12610"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12610"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}