Uniswap has reached a new monthly record volume on Ethereum Layer 2 chains, indicating growth in the DeFi ecosystem. According to Henrik Andersson, Apollo Crypto’s CIO, this growth is due to increased demand for assets and stablecoins in the DeFi ecosystem. Uniswap generated a record $38 billion in volume across major Ethereum Layer-2 networks, including Base, Arbitrum, Polygon, Optimism, and others.
The Uniswap token’s price also reflects this increased volume.
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<p>The post Uniswap Surges to New Monthly Record Volume on Ethereum Layer 2 Chains: A Sign of DeFi Growth? first appeared on CoinBuzzFeed.</p>
