#Uniswap L2 trading volume surpasses $500 billion#
Hot Topic Overview
Overview
Uniswap's Layer 2 (L2) trading volume has surpassed a record-breaking $500 billion, with $305 billion added in 2024 alone. 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. The success of Uniswap L2 can be attributed to the significant decrease in Gas fees paid to the Ethereum L1 from last year, allowing users to save more costs when using Uniswap. The Uniswap team has stated that their next target is to surpass $1 trillion in trading volume.
Ace Hot Topic Analysis
Analysis
Uniswap's Layer 2 (L2) trading volume has surpassed $500 billion, a new all-time high, with $305 billion added in 2024 alone. This milestone signifies the rapid growth of Uniswap L2 trading and lays a solid foundation for its future development. Since its launch 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 payments for gas fees to Ethereum L1 have dropped significantly since last year, indicating the increasing cost-effectiveness of L2 trading, attracting more users. The Uniswap team has expressed that the next target is to reach $1 trillion in trading volume, showcasing their confidence in the future of L2 trading.
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Classic Views
Uniswap L2 trading volume surpasses $500 billion, setting a new all-time high.
Uniswap L2's trading volume grew by $305 billion in 2024.
Uniswap L2 aims to reach $1 trillion in trading volume.
Uniswap L2 has integrated 28 chains and is the sixth-largest DeFi platform with a total value locked of €624 million.