Uniswap v3 launches Optimistic Ethereum layer two scaling in alpha
Long-awaited layer two scaling is finally being launched on Uniswap v3, albeit in a limited format initially. The long-awaited layer two scaling solutions upgrade for Uniswap has finally been spotted in the wild with the launch of version 3 on Optimistic Ethereum.In a post on July 13, the world’s most popular decentralized exchange stated that it was pleased to finally announce the alpha launch of Uniswap v3 on the Optimistic Ethereum (OΞ) mainnet.The alpha launch is a limited version of the full system which helps developers deploy the system gradually and address any issues that may....
Related News
Users of the Synthetix-based Thales platform can now bet on the outcome of Olympic events. Decentralized derivatives and synthetic asset trading protocol, Synthetix, has launched trading on the Optimistic Ethereum layer two scaling platform.The long-awaited launch was announced by the Synthetix protocol exchange Kwenta on July 30. It enables the exchange to offer faster transactions and lower fees using optimistic rollup technology.Initially, there will be just four synthetic assets available for trading on layer two — sUSD, sETH, sBTC and sLINK. The data collected from this alpha launch....
Arbitrum, an Ethereum Layer-2 (L2) scaling solution, announced it would launch its mainnet for users this August. The tool, which allows Ethereum users to transact with very low fees, had launched in beta version last June, with support from some key projects in the Ethereum sphere, like Uniswap, who received a community vote to integrate it. The project will also launch Arbitrum One, which will have up-to-date information about the projects using its network. Arbitrum To Launch This August Arbitrum, the Ethereum L2 rollup, has announced it will launch in mainnet beta this month, opening....
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....
Joseph Delong feels that rival DEX Uniswap had preferential treatment from the L2 solutions provider. The chief technology officer of the SushiSwap decentralized exchange has revealed why the protocol is no longer keen to scale using layer two solutions from Optimistic Ethereum.The layer two solutions provider OΞ whitelisted several projects last year including Uniswap and Synthetix, granting them preferential access to its platform as it was being built. SushiSwap was also keen to get on this whitelist but it was not forthcoming, resulting in a decision to delay any further development.....
Binance, the world’s largest cryptocurrency exchange by volume, announced on Friday that it had integrated the layer-2 scaling solution Optimism because Binance is optimistic about the future of Ethereum’s Layer 2. The exchange explained that, at this time, deposits are the only thing supported; withdrawals will not be available until the exchange achieves optimal liquidity. […]