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December 26, 2024 11:00 PM
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.
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.
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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