🎉Uniswap Labs launches Unichain L2 mainnet, block processing time is expected to be reduced to sub-second level!

After four months of rigorous testing, Uniswap has now launched the Unichain L2 mainnet, a second layer (L2) network that seamlessly connects with Ethereum, having successfully processed 100 million on-chain transactions. This network is finally officially presented to everyone!

Uniswap co-founder Hayden Adams announced this news on February 11. Notably, Uniswap v4 just made its debut at the end of January, and now the L2 network is going live right after, showcasing the project team's efficient execution!

Uniswap built this L2 chain using Optimism's OP Stack, a toolkit that is particularly popular in decentralized finance applications. The launch of Unichain primarily aims to enhance user experience, integrate fragmented liquidity, and also earn some extra money through network gas fees. It is said that Uniswap will charge about 20% in fees from Unichain to maintain operations and development.

Adams mentioned that Unichain is currently in its first phase and will use some centralized components to ensure efficiency, but will gradually decentralize over the coming months. He also revealed some upcoming improvements, such as Flashblocks, which can shorten block time to sub-second levels, increasing transaction transparency.

Uniswap will also work closely with Optimism and establish relationships with other L2 networks, making transactions and liquidity transfers more convenient. Unichain will leverage the Unichain verification network to ensure security and will channel 65% of net income to UVN, adding extra security guarantees.

It is reported that the Unichain testnet started in October 2024, and over a four-month testing phase, more than 80 projects were launched, processing over 100 million transactions, with very positive testing results!

There’s also good news: Uniswap's new L2 will collaborate with cryptocurrency on/off ramp service provider Transak. Users can buy and sell digital assets through Transak's payment infrastructure. Transak co-founder Yeshu Agarwal stated that Unichain's high performance and scalability, combined with Transak's mission, will make decentralized finance increasingly popular.

💬 Do you think DeFi will become a new trend in the future of financial development? Will it change the way we invest and trade? Leave your thoughts in the comments!