The team behind the top decentralized exchange Uniswap (UNI) is officially launching its new Ethereum (ETH) layer-2 blockchain. In a new announcement from Uniswap Labs, the firm says Unichain mainnet officially launched today according to plan. As per the announcement, Unichain will be a layer-2 optimized for decentralized finance (DeFi) transactions on Ethereum. Starting today, […]
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Uniswap’s Unichain developers revealed the official roadmap for Unichain’s transition to a public mainnet, emphasizing decentralization and strong fault tolerance. Developers Announce Unichain Public Mainnet Launch Strategy According to blog post published by the team of programmers, since the launch of Unichain Sepolia testnet in October, the network has facilitated 50 million test transactions and […]
The team behind the largest decentralized crypto exchange (DEX) by trading volume is confirming the launch of its highly-anticipated layer-1 blockchain Unichain. In a new blog post, Uniswap Labs says that, after the successful public testnet phase of the Unichain launch, the launch of a public mainnet is the next step. The firm says Unichain […]
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Solana-native Raydium beat Uniswap in decentralized exchange trading volumes in October and November, according to Messari.
Decentralized exchange (DEX) Raydium has surpassed Uniswap in monthly volumes for the second month in a row, according to a Dec. 10 Messari report.
In November, Solana native Raydium beat Uniswap — generally the most popular DEX — in monthly volumes by roughly 30%, or approximately $30 billion, according to the Messari report.
This followed a narrower win in October, when Raydium outperformed Uniswap by approximately 10%, according to a Nov. 17 post on the X platform by Ryan Watkins, co-founder of Syncracy Capital.
Google mistakenly promoted a fake version of the Unichain website that spammed users with requests to drain their wallets.
As the buzz around crypto exchange Uniswap’s new Ethereum layer 2 builds, scammers have decided to take advantage of the situation to promote a fake website on Google that claims to promote the network.
The website, originally located at unlchalindefi[.]com, claimed to be the official site for Uniswap’s Unichain network. But in reality, it did not offer a new network with user-friendly apps.
Instead, it stole all of the user’s cryptocurrency and transferred it to the site’s developers, who were not affiliated with Uniswap at all, according to warnings presented in the Web3 wallet MetaMask.
Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to […]
UNI defies the marketwide sell-off by posting a 10%+ gain after the launch of Unichain.
UNI, the governance token of the Uniswap decentralized exchange, outperformed the crypto market on Oct. 10, posting a 15% daily gain following the launch of its own layer-2 network, Unichain. The price of UNI is up 25% over the last week and 23% in the past 30 days.
UNI/USD daily chart. Source: TradingView
UNI’s trading volume has increased 418% on the day to $583.2 million. With a market capitalization of $5 billion, UNI has claimed the 20th position on the CoinMarketCap ranking.
