• Three influential contributors to Uniswap have initiated discussions to explore the potential deployment of Uniswap V3 on Coinbase’s Layer 2 blockchain Base.
• Uniswap’s total value locked across all its deployments is $4.08 billion, with V3 accounting for 71%.
• It has seen an influx of traders during the last month, with a trading volume of $8.40 billion in the past seven days and a daily active user count up 53% in the last 30 days.
Uniswap Contributors Open Discussions on Deploying V3
Three influential contributors to Uniswap have commenced discussions to explore the potential deployment of the DEX’s V3 iteration on Coinbase’s Layer 2 blockchain Base. The proposal submitted by she256, Michigan Blockchain, and GFX Labs suggests that integration with Coinbase would introduce new users to Uniswap while providing a seamless user experience and developer platform that surpasses Ethereum’s capabilities.
Uniswap’s Total Value Locked Across All Deployments
Deployed across six chains, namely Ethereum, Arbitrum, Polygon, Optimism, BNB Chain, and Celo; Uniswap’s total value locked (TVL) across all these networks was $4.08 billion at the time of this writing -with V3 accounting for 71 percent ($2.9 billion). Additionally; since January 2021 its TVL has grown 24%, suggesting an increased interest from users as well as an influx of traders looking to take advantage of meme coin trading over the past month -which has helped push its trading volume to $8.40 billion in just seven days (54% of all trades conducted across DEXes).
Increased Accumulation Of UNI
UNI is also seeing increased accumulation in recent weeks which could be attributed to news regarding plans for deploying Unisawp V3 on Base upon launch; pushing it closer towards becoming one of if not the leading DEX for Layer 2 blockchains. Additionally; UNI has also recently been listed on Binance -further increasing liquidity & exposure for investors looking at DeFI projects using UNI tokens as payment or rewards incentives for activities such as staking & governance voting etc..
Seamless User Experience With Developer Platforms
The proposal put forward by she256 et al suggests that integration with Coinbase via their Base Layer 2 chain could provide a seamless user experience along with improved developer platforms & tools when compared against those available through Ethereum alone -opening up opportunities for developers who are looking to build applications using DeFi services provided by Unisawp among others integrated into Base’s ecosystem.
In summary; three influential contributors to UniSwap have opened discussions surrounding potential deployment of their popular DEX platform onto Coinbase’s Layer 2 blockchain network upon launch -providing developers & users alike access to improved toolsets & smoother UX when compared against existing solutions offered through Ethereum-only platforms today.