- Uniswap surpasses 4 million swappers on Layer 2 options, doubling the earlier all-time excessive.
- Uniswap introduces V4 with important upgrades, together with a $10 million UNI token airdrop.
Uniswap Labs lately introduced a shocking achievement: in keeping with Dune Analytics, greater than 4 million swappers used Layer 2 (L2) merchandise previously month alone. This astonishing determine represents a serious turning level on the planet of decentralized finance (DeFi), because it virtually doubles the earlier file.
Greater than 4 million swappers on L2s this month alone
That is virtually double the earlier all-time file
pic.twitter.com/9HrSJDichu
— Uniswap Labs
(@Uniswap) June 27, 2024
Introducing Uniswap V4
Uniswap has unveiled Uniswap V4, the newest model, in an effort to proceed bettering consumer expertise and transaction effectivity in DeFi. An article from CNF reported that the platform has improved considerably with this new version.
A UNI token airdrop value $10 million accompanied the launch. The aim of this airdrop was to extend neighborhood engagement and reward them, reinforcing Uniswap’s dedication to its customers.
Uniswap additionally surpassed a serious historic milestone by buying and selling greater than $2 trillion in complete. This success highlights how essential Uniswap is to the DeFi ecosystem, because it allows many transactions and offers liquidity to many buying and selling pairs.
As such, Uniswap stays a mainstay within the decentralized change market (DEX).
Deal with 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 at a time when the board vote on delegation and deployment incentives was postponed.
Uniswap has all the time been dedicated to bettering platform safety and consumer belief, and the privateness enhancements are meant to guard customers’ transaction information.
In the meantime, Uniswap’s native UNI token is at present valued at approx $9.58, in keeping with CoinMarketCap information. Up to now 24 hours this has been a 3.08% to rise up. Nonetheless, UNI has fallen over the previous seven days 4.57%.