Uniswap Labs launches Unichain L2 mainnet

Uniswap Labs has deployed its layer of layer 2 compatible Ethereum, Unichain, after four months of testing and more than 100 million chain transactions.

The team behind a decentralized uniswap exchange released The Mainnet for its highly anticipated L2 network, Unichain, as announced by the co-founder Hayden Adams on February 11. The launch comes about two weeks after Uniswap V4 Make his debut end of January.

UNISWAP built its layer 2 chain using the OPTIMIMM OP battery, a blockchain development tool box largely adopted for decentralized financing applications.

By taking advantage of the Pile OP, UNISWAP has aligned itself with the “Superchain” concept of optimism – a roadmap designed to advance Rollup technology on web3 and the wider financial ecosystem. The main cryptographic companies such as Coinbase and Kraken have also used the optimism developer kit for their respective L2 channels, base and ink.

With the launch of Unichain, Uniswap Labs aims to improve the user experience, unify fragmented liquidity and generate additional income through network costs. The company would have received around 20% of Unichain’s fees, helping to maintain its operations and its development.

Unichain updates the new

Adams has described Unichain as a stadium 1 roll, which means that the network has been launched with certain centralized components to guarantee the effectiveness of its early phase. However, he hinted at the plans to further decentralize the chain in the coming months.

“This is only improving from here,” tweeted Adams.

The co-founder of the Uniswap Labs has also teased upcoming improvements, including flash blocks, which will allow less than a second block and improve the transparency of transactions.

Adams has also mentioned working in close collaboration with optimism to strengthen collaboration with other L2, which facilitates the execution of swaps, move liquidity and experiment DEFI. Unichain will take advantage of the Unichain validation network for the staging and security of the blockchain. The new L2 will channel 65% of its net revenues in UVN as “additional layer of economic security and validation”.

According to Adams, Unichain launched with more than 80 projects and has dealt with more than 100 million transactions during its four -month testnet phase, which started in October 2024.

The new L2 of UNISWAP also fits into Transak, a cryptographic service provider on and off the ramp. The partnership will allow users to buy and sell digital assets via the transak payment infrastructure.

We believe that innovation lies in the intersection of accessibility and technology. The vision of Unichain to be a high performance roll that evolves Ethereum and Powers DEFI completes our mission to Transak to make finances decentralized accessible to everyone.

Yeshu Agarwal, co-founder of Transak and CTO