Uniswap Launches Unichain: What Does It Mean for the Crypto Market?
- Uniswap, a popular decentralized exchange, has announced the launch of its second-layer network, Unichain.
- Unichain promises faster, cheaper transactions, and improved interoperability across blockchains.
- Uniswap currently has nearly $5 billion in TVL across 25 blockchains.
- Unichain will be part of the Optimism Superchain, which also includes Coinbase Base and SNAXchain.
- Unichain blocks are processed in 1 second on the testnet, with plans to reduce this time to 250 milliseconds.
- Uniswap partners with Flashbots to integrate Rollup Boost, which will better protect users from the harmful aspects of MEV.
📉 How will this affect the market? Time will tell.