Arbitrum Becomes the First Layer 2 to Surpass $150 Billion on Uniswap
Arbitrum has achieved a significant milestone by surpassing $150 billion in swap volume on Uniswap, making it the first Layer-2 network to reach this threshold.
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Arbitrum has achieved a significant milestone by surpassing $150 billion in swap volume on Uniswap, making it the first Layer-2 network to reach this threshold.
Arbitrum is the first Layer 2 to pass the $150 billion total transaction volume threshold on Uniswap.
Uniswap Labs tweets about Arbitrum's milestone as the first Layer 2 Swap platform.
Ethereum's Layer 2 (L2) solutions play a pivotal role in driving scalability, efficiency, and innovation. Among these, Arbitrum has emerged as a frontrunner, experiencing an unprecedented surge in adoption, activity, and investor interest.
In terms of overall inflows, the Arbitrum network has outperformed all other Layer 2 platforms.
L2s' monthly report revealed that OP dominated others in terms of addresses, while Base remained the top L2 by TVL
Optimism led in the latest development ranking, but Arbitrum maintained the highest TVL above, with Polygon coming second.
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Over half of the investors holding ADA and ARB do so at significant losses.
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This strategic move is facilitated by leveraging Wormhole's Native Token Transfers (NTT). This feature enables seamless multi-chain functionalities for digital assets.
Bitcoin's (BTC) price has been making mild moves despite the halving that occurred towards the end of April. Thus, institutional investors have moved to accumulate altcoins in the meanwhile to capitalize on the potential bull run that the crypto market could witness once BTC rises.
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Reaching out to combat potential fraud, from one layer-2 to another.
Arbitrum's metrics exhibit promising trends, with an increase in activity being observed.
Uniswap, one of the world's largest decentralized exchanges (DEX) by total value locked (TVL), is approaching a major milestone on Arbitrum, the largest layer-2 by TVL on Ethereum. According to data from Dune Analytics shared by Uniswap Labs, Uniswap on Arbitrum is on the cusp of surpassing a staggering $150 billion in total swap volume.
Following Avail's upcoming mainnet launch, the integrations aim to help developers build more scalable, cost-efficient and composable chains.
The chains' users will be able to opt in or out to use Avail for data availability, to stash the reams of data produced for all their transactions taking place.
TL;DR Dexalot has launched the Central Limit Order Book (CLOB) on the Arbitrum network, expanding its reach beyond the Avalanche ecosystem. CLOB operates on a specific application blockchain, providing a user experience similar to centralized exchanges (CEX).
Dexalot, the decentralized cryptocurrency exchange (DEX), announced the launch of its Central Limit Order Book (CLOB) on Arbitrum, according to the information shared with Finbold on April 24.
The popular Avalanche-based decentralized exchange platform Dexalot is expanding its horizons by launching on Arbitrum, the Ethereum Layer-2 network that enables rapid transactions at scale atop of the world's number one smart contract blockchain.
Dexalot, a decentralized exchange known for its central limit order book (CLOB) design, is expanding its reach by launching on Arbitrum, marking its first venture outside of the Avalanche ecosystem. This new development introduces a suite of enhanced trading features to Arbitrum's Ethereum L2 users.
DODOchain, a new omni-trading layer3 blockchain, has been launched by the DODO team, promising a solution for consolidating liquidity from various blockchain layers into a single platform.