Uniswap Protocol on Base Chain Hits Record $15.65 Billion Monthly Volume

In Brief:

Uniswap’s monthly transaction volume on the Base chain hit an all-time high of $15.65 billion.

This milestone showcases the growing adoption and activity of decentralized exchanges on emerging chains.

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Uniswap Labs disclosed on the X platform that the Base chain, a Layer-2 blockchain optimized for Ethereum scaling, saw its monthly transaction volume for the Uniswap protocol reach an unprecedented $15.65 billion.

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This record-breaking figure highlights the increasing activity within the decentralized finance (DeFi) ecosystem and the expanding influence of Layer-2 solutions in facilitating high transaction volumes with reduced costs and improved efficiency.

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The milestone underscores Uniswap's strong market presence across multiple chains, reinforcing its position as a leading decentralized exchange in the DeFi space.

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