Raydium beats Uniswap in monthly DEX volumes again

December 10, 2024 Coin Telegraph

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.

Ethereum’s .3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

Scammers promote fake Uniswap L2 on Google amid Unichain hype

October 15, 2024 Coin Telegraph

Coin Telegraph

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.

Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

Uniswap Labs Introduces Scalability-Focused Ethereum L2

October 11, 2024 Bitcoin.com

bitcoin.com

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 […]

Ethereum’s $15.3B Burn Bonfire: Over 4.5M ETH Destroyed Since EIP-1559 Activation

Uniswap (UNI) books 25% weekly gain leading into Unichain launch

October 11, 2024 Coin Telegraph

Altcoin

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.

unichain