- Uniswap surpasses 4 million swappers on Layer 2 options, doubling the earlier all-time excessive.
- Uniswap introduces V4 with vital upgrades, together with a $10 million UNI token airdrop.
Uniswap Labs lately introduced a shocking achievement: over 4 million swappers used Layer 2 (L2) merchandise within the final month alone, in response to Dune Analytics. This astounding determine represents a significant turning level within the decentralized finance (DeFi) scene, because it nearly doubles the prior all-time document.
Over 4M swappers on L2s this month alone
That is nearly double the earlier all-time excessive 👀 pic.twitter.com/9HrSJDichu
— Uniswap Labs 🦄 (@Uniswap) June 27, 2024
Introduction of Uniswap V4
Uniswap unveiled Uniswap V4, its most up-to-date model, in an try to preserve enhancing the person expertise and transaction effectivity in DeFi. An article by CNF reported that the platform has considerably improved with this new version.
An UNI token airdrop valued at $10 million accompanied the launch. The aim of this airdrop was to extend neighborhood involvement and reward them, due to this fact strengthening Uniswap’s dedication to its customers.
Uniswap has additionally surpassed a significant historic milestone by buying and selling greater than $2 trillion general. This success emphasizes how necessary Uniswap is to the DeFi ecosystem because it makes plenty of transactions doable and provides many buying and selling pairs liquidity.
As such, Uniswap stays a mainstay within the decentralized trade (DEX) market.
Concentrate on Privateness and Safety Enhancements
Uniswap has launched new privacy-focused enhancements to enhance the safety and secrecy of monetary transactions on its platform. The announcement of those enhancements got here throughout a time when the governance vote on delegation and staking incentives was postponed.
Uniswap is all the time devoted to enhancing platform safety and person confidence, and the privateness enhancements search to safeguard customers’ transaction particulars.
In the meantime, the native UNI token of Uniswap is at the moment valued at about $9.58, in response to CoinMarketCap knowledge. During the last 24 hours, this can be a 3.08% rise. Nonetheless, UNI has been declining for the previous seven days, down 4.57%.