#Uniswap L2 Trading Volume Hits Record High#
Hot Topic Overview
Overview
Uniswap's Layer 2 (L2) trading volume hit a new high, surpassing $500 billion, with an increase of $305 billion in 2024 alone. Since its launch on the Ethereum mainnet in November 2018, Uniswap has integrated 28 chains and is now the sixth largest DeFi platform with a total value locked of €624 million. L2 payments for gas fees to Ethereum L1 have decreased significantly since last year. The Uniswap team said the next target is to reach $1 trillion in trading volume.
Ace Hot Topic Analysis
Analysis
Uniswap's Layer 2 (L2) trading volume has hit an all-time high, surpassing $500 billion, with $305 billion of that added in 2024 alone. This milestone highlights the remarkable growth in Uniswap L2 trading volume and underscores its leading position in the decentralized finance (DeFi) landscape. Since launching on the Ethereum mainnet in November 2018, Uniswap has integrated 28 chains and is currently the sixth-largest DeFi platform, with a total value locked of €624 million. L2 gas fees paid to the Ethereum L1 have significantly decreased since last year, demonstrating the significant progress made by L2 solutions in reducing transaction costs. The Uniswap team has expressed its ambition to push trading volume to $1 trillion, demonstrating their confidence in the future growth of L2 trading volume.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Uniswap L2 trading volume surpasses $500 billion, setting a new record.
Uniswap L2 trading volume grew by $305 billion in 2024, and is expected to surpass $1 trillion in the future.
Uniswap L2 has integrated 28 chains, becoming the sixth largest DeFi platform with a total locked value of €624 million.
Uniswap L2's gas fees paid to Ethereum L1 have significantly decreased since last year.