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REGULATION
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2 years ago

Uniswap V3 Expands To “Base” A Layer 2 Scaling Solution From Coinbase

2023-08-09

REGULATION
by
2 years ago


A Layer 2 scaling solution called Base from Coinbase has been integrated to Uniswap V3.

 

Base is an Ethereum layer 2 network. It built on OP Stack, a layer 2 development tool for building layer 2 blockchains from Optimism.

 

Currently Base has $41.59 million total value locked. While, Uniswap is the most popular decentralized exchange, it has $3.671 billion TVL.

 

Uniswap "Base" Interface.


Uniswap now supports 8 blockchains include:

1. Ethereum

2. Polygon

3. Arbitrum

4. Optimism

5. BNB Chain

6. Avalanche

7. Celo

8. Base

 

Base, BNB Chain layer 2, and Celo are using OP Stack to build their layer 2 blockchains. Base was the catalyst that made Optimism price went from $1.35 to $1.68 or 25%.

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