Unichain, Uniswap's native L2 network, launched and immediately invited 80 apps, over 700 smart contracts and over 8K users in the very first hours.
Uniswap Labs developers have announced the launch of the Unichain mainnet, an Ethereum Layer 2 solution.
Uniswap just released its new Unichain protocol on the mainnet after a few months of testing. This feature will encourage cross-chain liquidity and overall efficiency for the firm's ecosystem.
“We're here to make DeFi faster, cheaper, more decentralized," said Uniswap Labs founder and CEO Hayden Adams.
Uniswap Labs launches Unichain, a new Layer 2 network designed for enhanced scalability in DeFi. With near-instant finality, lower gas fees, and cross-chain interoperability, Unichain has already processed 95 million testnet transactions and secured support from leading crypto projects. The post Uniswap Labs Launches Layer 2 Network Unichain Mainnet appeared first on Cryptonews.
While UNI's price rose, sentiment surrounding UNI remained positive amid a 30% increase in social media postsç.
Uniswap Labs has rolled out its Ethereum-compatible layer 2 network “Unichain” after four months of testing and over 100 million settled on-chain transactions.
TL;DR Uniswap Labs launched Unichain, a network designed for faster transactions and lower costs in the DeFi ecosystem. During the test phase, 95 million transactions were executed, and over 14.7 million smart contracts were deployed. Unichain offers interoperability, decentralization, and efficiency with gas costs up to 95% lower than Ethereum L1.
Bitcoin (BTC) is testing $98,000, remaining sluggish but slowly climbing towards $100,000. The flagship cryptocurrency is up over 1%, trading around $99,100, as buyers look to maintain control.
Unichain will features technological innovations like a new block builder and validator network to improve network security and minimize MEV.
Powered by Optimism's OP stack, Unichain—like other layer-2s on Ethereum—offers faster and cheaper transactions compared to Ethereum's mainnet.
The DeFi sector witnessed significant turbulence this week, with major tokens recording substantial losses. Meanwhile, BitLemons ($BLEM) h
Uniswap (UNI) has experienced a remarkable surge in accumulation recently, signaling that it could be poised for a potential rally. The first week of February saw over $54 million worth of UNI tokens withdrawn from exchanges, a clear indication of increasing investor interest.
PancakeSwap (CAKE) token rose to a high of $2.1600, up by over 75% from its lowest level this month, bringing its market cap to $556 million.
Whales and other could have a say in where UNI goes next.
A major crypto whale has accumulated $16 million in UNI tokens following a significant price downturn, coinciding with Uniswap's v4 launch that promises improved efficiency and cost savings.
Uniswap price has continued to stay in the red, hovering around the $9 mark, but recent developments indicate a strong recovery ahead. For context, whales or large investors have bagged nearly $16 million UNI over the past few days, signaling a strong confidence of the investors.
Ethereum price has struggled this year as it faced numerous challenges, including the rising competition with Solana and Base. ETH has dropped to $2,815, down by over 30% from its highest level this year. So, let's explore some of the best Ethereum rivals to invest in and turn $100 to $1,000 by March 31st.
The DeFi tokens category saw an uptick on Wednesday while the biggest crypto, Bitcoin, remained under immense selling pressure. High-rolling traders have quickly moved to profit-taking mode, dumping top DeFi tokens like Aave (AAVE), Chainlink (LINK), and Uniswap (UNI).
The new version of DEX supports 10 blockchain networks: Ethereum, Polygon, Arbitrum, OP Mainnet, Base, BNB Chain, Blast, World Chain, Avalanche and Zora Network.
A whale withdrew $4.56M in UNI, sparking speculation, but Uniswap faces growing market challenges.
Polkadot (DOT) joined Uniswap (UNI) as an underperformer, declining 4.1%.
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FXGuys outshines Hedera and Uniswap with rapid growth, a Trade2Earn program, and a $2.6M presale success. Discover why $FXG leads DeFi innovation!
The cryptocurrency market is experiencing a strong downtrend following a market-wide correction, leading to significant liquidations. However, investors see opportunities to acquire affordable assets before the anticipated altcoin season in February 2025.
Uniswap Labs, the leader of the largest decentralised exchange, on Friday, announced the latest and most flexible version of its defi protocol – the Uniswap v4. In what its Founder and CEO Hayden Adams hailed as a “new era of DeFi”, launch of v4 comes after it announced in Nov last year the largest bug
The DEX Raydium has just surpassed its rival Uniswap in terms of volumes recorded during the month of January.
Users can now provide liquidity (LP) on v4 through the Uniswap web app. Swapping will roll out over the next few days as liquidity transitions to the new version.
Decentralized trading volume on Solana far outpaced the volume on Ethereum's mainnet in January, according to The Block's data.
Uniswap (UNI) Labs collaborates with Fireblocks to enhance institutional access to DeFi, offering asset managers and hedge funds direct access to Uniswap Protocol's liquidity.
Uniswap, the leader of decentralized exchanges, is launching its version 4 on twelve major blockchains. This strategic evolution strengthens its position in an increasingly competitive DeFi market.
The attempt of Uniswap to break past the critical $12.3 resistance has fallen short, giving bears the upper hand and triggering a fresh decline. Despite bullish efforts to push higher, selling pressure at this key level proved too strong, forcing UNI into a downward move.
Whales accumulated $33M worth of UNI yesterday following Uniswap v4's launch.
Uniswap (UNI), the top decentralized exchange (DEX) by trading volume, has rolled out a new protocol upgrade across multiple chains. The DEX says its new “v4” transforms the protocol into a “developer platform.
Multi-hop route ETH -> USDC -> USDT delivers better prices than a single-hop v3 pool, despite v3's larger TVL.
Hayden Adams, CEO of Uniswap Labs, has highlighted key features of newly launched Uniswap V4, marking major improvements over Uniswap V3. Adams, in a post on X, explained how V4 compares in terms of efficiency when executing a token swap.
Uniswap launched its v4 upgrade on mainnet, featuring hooks for developer customization, cheaper operations, and more. The release came slightly later than initially anticipated.
Uniswap v4 has gone live across several blockchain networks while swapping features will debut in the coming days for all users.
Uniswap V4 emerges after extensive development and testing, featuring groundbreaking customization options and multi-chain deployment.
Uniswap Labs, the developers of one of the leading decentralized exchanges (DEXs), has officially rolled out its much-anticipated Uniswap v4 protocol across several blockchain networks, with Zora Network among them.
Uniswap is unrolling V4 on 10 blockchains, starting with liquidity deposits. Liquidity pairs will become available in the next few days, as traders will be automatically routed through V4 for optimal token swaps.
Decentralized exchange Uniswap launched its V4 protocol across Ethereum, Avalanche, BNB Chain, and beyond Friday, with various improvements.
In an astonishing development, decentralized crypto exchange (DEX) Uniswap has unveiled Uniswap v4, transforming the protocol into a comprehensive platform for developers. Uniswap v4 is now live and operational across multiple platforms, with exchange functions launched in a few days.
The upgraded DEX introduces “hooks,” or customizable logic for trading pairs.
TL;DR Uniswap Labs launched V4, enhancing the customization and efficiency of its platform with innovative modular “hooks.” Operating costs are significantly reduced, with up to a 99.99% decrease in creating new pools and savings on multi-hop swaps.
Uniswap Labs said that Uniswap V4 has gone live, with the ability to provide liquidity available now and swaps coming shortly.
The crypto market slipped back into the red, with most cryptocurrencies trading lower. Bitcoin (BTC) is down nearly 1% over the past 24 hours, trading around $104,360.