Before deciding to launch UniChain, Uniswap conducted research which found it has far more transactions on other layer 2 chains than on the Ethereum mainnet. But these are much smaller transactions. A quick look at total value locked (TVL) shows almost $3 billion on Ethereum. The second largest chain is Coinbase’s Base with almost $250 million.

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Before deciding to launch UniChain, Uniswap conducted research which found it has far more transactions on other layer 2 chains than on the Ethereum mainnet. But these are much smaller transactions. A quick look at total value locked (TVL) shows almost $3 billion on Ethereum. The second largest chain is Coinbase’s Base with almost $250 million.

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Uniswap DEX launches layer 2 blockchain

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Uniswap DEX has significantly more total value locked (TVL) on Ethereum compared to Layer 2 solutions, with Ethereum TVL at $3 billion and second-place L2 chain Base holding only $250mln

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