UniSwap V3 Goes Live on Ethereum Mainnet: Is UNI Due for a Surge?
After months of waiting, decentralized finance protocol Uniswap announced that its V3 mainnet launch was live. Originally unveiled back in March, Uniswap’s third iteration aims to provide a more capital-efficient on-chain exchange through its latest feature of concentrated liquidity. Concentrated Liquidity In Uniswap V2, liquidity providers (LPs) were limited in that they had to adjust […]
Related News
DeFi users appear to be choosing Arbitrum over Optimism for scaling as Uniswap’s layer-two volume presses into record highs. The world’s most popular decentralized exchange, Uniswap, is seeing layer two volumes surge as Ethereum transaction fees surge once again.On Oct. 19, Uniswap founder Hayden Adams tweeted that daily volume across v3 deployments of the decentralized exchange on layer-two networks has pushed into record levels. Adams estimated that Uniswap v3 processed an unprecedented $115 million in combined daily volume across the Arbitrum and Optimism networks without providing a....
Hyperdex, a decentralized finance (DeFi) platform, has announced the launch of its mainnet, following months of developments, third-party audits, and upgrades. The mainnet is expected to introduce new trading strategies on the platform, giving users more opportunities to easily make returns in the DeFi ecosystem. Having gone live this Wednesday, the mainnet introduces three major […]
Fees spiked to a high of $8.36 million for Uniswap on June 15, beating out Ethereum on the same day at $7.99 million, and coincided with an 8.7% pump for UNI. Decentralized exchange (DEX) Uniswap has overtaken its host blockchain Ethereum in terms of fees paid over a seven-day rolling average.The surge appears part of a recent spate of high demand for DeFi amid the current bear market. Decentralized finance (DeFi) platforms such as AAVE and Synthetix have seen surges in fees paid over the past seven days, while their native tokens, and others such as Compound (COMP) have also boomed in....
Crypto and some key sub-sectors, like decentralized finance (DeFi) or non-fungible token (NFT) trading or minting, remain dynamic. While activity is highly influenced by price, other changes are settled not by how prices gyrate but by time. Uniswap Users Are Increasingly Posting Small Trade Sizes Events in Uniswap, a leading decentralized exchange (DEX) on Ethereum, draw the interest of Token Terminal, a blockchain analytics platform. Related Reading: Here’s Why The Worldcoin (WLD) Price Surged Over 15% In One Day To Reach $3 According to Token Terminal, a curious trend is happening in....
The Ethereum Foundation continues to edge closer to the transition to the proof-of-stake (PoS) model. On Monday, Ethereum’s first mainnet Shadow Fork went live. The purpose behind this is to primarily conduct a stress test on the existing assumptions about the testnets, and mainnets to understand how seamless the shift to a PoS consensus will […]