#Uniswap L2 trading volume surpasses $500 billion#
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Overview
Uniswap's Layer 2 (L2) trading volume has surpassed $500 billion, a new all-time high, with $305 billion added in 2024 alone. Since its launch on the Ethereum mainnet in November 2018, Uniswap has integrated 28 chains, becoming the sixth largest DeFi platform with a total value locked of €624 million. The growth in Uniswap L2 trading volume is driven by significantly reduced gas fees paid to the Ethereum L1 by its L2s since last year, making Uniswap L2 trading more affordable and attracting more users. The Uniswap team has stated their goal to surpass $1 trillion in trading volume.
Ace Hot Topic Analysis
Analysis
Uniswap's Layer 2 (L2) trading volume has surpassed $500 billion in historical trades, adding $305 billion in 2024 alone. This milestone signifies the rapid growth of Uniswap L2 trading and reflects the users' demand for lower-cost and more efficient transactions. Since its launch on the Ethereum mainnet in November 2018, Uniswap has integrated 28 chains and become the sixth largest DeFi platform with a total value locked of €624 million. Notably, Uniswap L2's gas fees paid to Ethereum L1 have significantly decreased since last year, further enhancing L2's attractiveness. Uniswap aims to break through $1 trillion in trading volume, which will further solidify its leading position in the decentralized trading landscape.
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Uniswap L2 trading volume surpasses $500 billion, setting a new all-time high.
Uniswap L2 trading volume increased by $305 billion in 2024.
Uniswap L2 aims for $1 trillion trading volume.
Uniswap L2 has integrated 28 chains, making it the sixth largest DeFi platform.