Unichain Overtakes Ethereum in Uniswap v4 Transaction Volume
By: blockchainreporter|2025/05/11 16:45:05
0
Share
Unichain, the native Layer 2 blockchain for Uniswap, has now surpassed Ethereum in transaction volume on Uniswap v4 and is handling most of the user activity on the DEX’s latest protocol upgrade. @unichain overtakes @ethereum in @Uniswap v4 transaction volume#Unichain, Uniswap’s native Layer 2 blockchain, has become the leading network for #Uniswap $UNI v4 transactions, surpassing #Ethereum $ETH with a reported 75% market share, according to Dune Analytics. The... pic.twitter.com/ur3RByplU3— PHOENIX – Crypto News & Analytics (@pnxgrp) May 10, 2025A 75% Market Share MilestoneUnichain, according to a Dune Analytics dashboard, reflects approximately 75% of Uniswap v4 transaction volume, and Ethereum’s share drops under 20%. This fast success can be mostly explained by ecosystem-oriented improvements and growth incentives that Layer 2 began to adopt since mid-April 2025.Regardless of Uniswap v3 and Ethereum’s supremacy in larger trading volumes, the improvements of v4 appear to push developers and projects toward Layer 2 technology.Why Unichain Is Winning v4Several crucial improvements accompanied the January 2025 release of Uniswap v4: gas savings, direct ETH support, dynamic fees, and custom code execution. These aspects enable v4 to be more flexible for developers, a fact that Unichain took advantage of by focusing its efforts on the support of this version.Central to its success, Unichain does not work on Uniswap v3 and, therefore, can direct the entire liquidity and incentives to Uniswap v4.The Power of Incentives and ScalabilityOne of the main drivers of Unichain’s development is its $45 million liquidity incentive, with which it has significantly boosted both the active address count and total value locked (TVL) on the platform. According to data from DeFiLlama, it has become the third-largest Layer 2 rollup with $800 million in total value locked.In addition, due to the unique design of the system, it can perform better in terms of speed and efficiency. Based on the Optimism Superchain, Unichain has up to 95% fewer transaction costs compared to Layer 1 Ethereum, has one-second block intervals, and is about to use ms sub-blocks, perhaps reaching quasi-immediate finality.What It Means for DeFiAdoption of Uniswap v4 on Unichain at this speed may rewrite the paradigm of how decentralized exchanges grow. Should Uniswap v4 become the standard architecture for sophisticated DeFi cases, Unichain is likely to experience significant gains due to heightened migration.This development illustrates how Layer 2 ecosystems are emerging as significant forces in the DeFi space, functioning as standalone advanced settings that can compete with Ethereum in both utility and client satisfaction.The scalability upgrades, which Ethereum has done, together with Unichain’s momentum, suggest that the future of DeFi’s landscape might be taken over by the protocol-native Layer 2 solutions.
You may also like
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
What is your view on Binance's competitive advantages?
When the dividends of rule arbitrage gradually approach zero, can we produce product strength, governance capability, and trust that are commensurate with its scale?
ETH has entered a non-consensus phase, and the turning point is approaching!
This has nothing to do with the Ethereum Foundation or Ethlabs; Ethereum needs to win by solving real problems.
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
It can continue to question the cost-effectiveness of stablecoins in the G10 currency corridor, but it cannot ignore the structural opportunities of stablecoins in emerging markets, corporate finance, and on-chain settlements.
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
The living space is constantly being compressed.
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
Bitcoin vs. Gold in 2026: Which Asset Performs Better in Different Markets?
Bitcoin vs. gold in 2026: Why are both assets falling, and what does their changing correlation mean? Discover what drives Bitcoin and gold prices and how traders can navigate different market conditions.
Morning News | The draft amendment to the People's Bank of China Law aims to clarify the legal status of digital renminbi; South Korea will transfer about 40 unregistered virtual asset service providers to law enforcement agencies
Overview of Important Market Events on June 24
The cryptocurrency industry has entered the "Show Me" era: merely relying on vision is no longer enough
The awareness level of the audience in the cryptocurrency industry—including media, institutions, and retail investors—is steadily increasing, and this trend has become a foregone conclusion.
Interpreting the Ethereum Foundation's new structure: Reaffirming self-sovereignty amid institutional trends
The Ethereum Foundation has announced a new five-layer working framework, clarifying the focus of future development and reaffirming its commitment to decentralized core values amidst the wave of institutionalization.
Former SpaceX engineer reconstructs the financial execution system using first principles
Plan Execution Lab completes angel round financing for Singapore family office, with a valuation of 50 million USD.
Standard Chartered Bank sings a 50x rhapsody again, aiming for AAVE to reach 3500 USD
The throne of DeFi lending still exists, but the foundation beneath the throne needs to undergo a reconstruction or reinforcement.
Tidal Investment: We still have a positive outlook on the AI industry chain, but the reasons have changed
The intense financing by tech giants has triggered a panic of "AI peak," but the soaring capital expenditures of the five major cloud vendors and the bottlenecks in physical infrastructure indicate that the AI investment cycle is far from over; the second half of this grand performance has just begu...
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Overview of Important Market Events on June 25
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.
Why do cryptocurrency projects always like to change their names?
In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...
Who is footing the bill for the $64 billion accounting frenzy?
Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.
I never expected that the first application of AI x Crypto would be in security auditing
AI has accelerated attack efficiency and also promoted the upgrade of defense systems. The security audit sector is undergoing a transition from a dividend model to a competitive model.
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com
