BlockBeats news, on October 10, Uniswap Labs announced the launch of Unichain. Uniswap Labs said that after years of building and expanding DeFi products, it has seen where DeFi needs to be improved and what is needed to continue to advance the Ethereum expansion roadmap. Unichain aims to be a fast, decentralized Optimism superchain L2, a chain for cross-chain DeFi and liquidity.

The Unichain testnet was launched today, and the mainnet will be launched later this year. The Uniswap Foundation will provide funding and project support to help developers develop on Unichain.